1436 Ellsworth Avenue

Description

Discover an exceptional duplex investment opportunity in the heart of Columbus' rapidly growing 43206 corridor. Located at 1436-1438 Ellsworth Ave, this well-maintained duplex features two 2-bedroom, 1-bath units, each occupied by long-term tenants, providing immediate rental income with substantial upside potential. The property has benefited from several owner-reported improvements completed within the last seven years, including interior and exterior paint, New HVAC Systems, new water heater tanks, new rear and front awning roofs, updated kitchen and bathroom flooring, and new front and rear concrete sidewalks and driveway for parking, helping minimize deferred maintenance while enhancing long-term value. A major advantage of this property is its below-market rental rates. Each unit currently rents for $700 per month, while comparable 2-bedroom units in the area command significantly higher market rents, creating an excellent value-add opportunity for investors seeking future income growth through natural tenant turnover. Fair Market Rent in this area for 2 bedroom unit is $1450. Situated just minutes from Downtown Columbus, Nationwide Children's Hospital, German Village, Parsons Avenue redevelopment, Schiller Park, Interstate 70/71, and numerous restaurants, breweries, and entertainment destinations, this location continues to experience strong rental demand and neighborhood revitalization. Whether you're an experienced investor looking to expand your portfolio, a first-time multifamily buyer, or a house hacker seeking to offset your mortgage with rental income, this duplex offers flexibility, stable occupancy, and long-term appreciation potential in one of Columbus' most active investment markets. Don't miss this opportunity to own an income-producing duplex with future upside in one of Central Ohio's most desirable rental corridors.