85-87 N Yale Avenue, Columbus, OH 43222
Local realty services provided by:ERA Martin & Associates
85-87 N Yale Avenue,Columbus, OH 43222
$279,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: katharine a blades
Office: coldwell banker realty
MLS#:226005663
Source:OH_CBR
Price summary
- Price:$279,900
About this home
**A Smart Investment Opportunity Awaits**
Welcome to your next income-generating gem in the heart of Columbus! This multi-family property offers a fantastic opportunity for investors and owner-occupants alike. With three bedrooms and one bathroom on each side, this duplex is perfectly positioned to deliver steady rental income while keeping your purchase price accessible.
The numbers don't lie. Each side of the duplex brings in $1,550 per month, with a potential for $3,100 monthly (one side is currently vacant) and $36,000 in potential gross annual rental income. At this price point, factoring in 30% in operating expenses, that translates to an impressive 8.5%-9% capitalization rate when fully occupied. Whether you choose to live in one unit and rent the other, or collect rent from both sides, this property puts your money to work from day one. Few investments offer this kind of immediate cash flow potential without breaking the bank.
Please see A2A for more details about income and expenses.
Schedule your private showing today and start building your portfolio tomorrow!
*Please do not disturb tenants on occupied side 87*
Contact an agent
Home facts
- Year built:1910
- Listing ID #:226005663
- Added:1 day(s) ago
- Updated:February 28, 2026 at 05:51 PM
Heating and cooling
- Heating:Forced Air, Hot Water
Structure and exterior
- Year built:1910
- Lot area:0.07 Acres
Finances and disclosures
- Price:$279,900
- Tax amount:$2,484
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