106 S Warren Avenue 112 Unit 112, Columbus, OH 43204

$205,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$205,000
List Price
$229,900
Status
CLOSED
Days on Market
35
Closing Date
Apr 24, 2026
MLS#
226008369
Subtype
Multi-Family
Year Built
1956
Lot Size
6,534
Acres
0.15

Property Description

Turnkey investment opportunity with strong upside potential! This solid 1-story brick building features four 1-bedroom, 1-bath units, offering a straightforward and desirable layout for tenants. Currently, three units are occupied with rents of $600, $595, and $195 (the $195 tenant assists with property maintenance), while one unit is vacant, providing immediate opportunity for an owner to increase cash flow. The property is significantly under-rented, with CMHA rents in the area reaching up to $1,166 including utilities, presenting a clear path to substantial income growth. With its durable brick construction and manageable unit mix, this property is ideal for investors looking to stabilize, increase rents, and maximize returns. Whether you're expanding your portfolio or seeking a value-add opportunity, this property offers excellent income potential in a proven rental market. Don't miss your chance to capitalize on this high-upside, income-producing asset!

Additional Information

School District
Columbus Csd 2503 Fra Co.

Listing Courtesy of : Richard Russo ---- Rich Russo Realty & Co.

Selling Office: Rich Russo Realty & Co..

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks