$279,900

85-87 N Yale Avenue, Columbus, OH 43222

Duplex
Built in 1910
3,049sqft lot
—— car garage
$——/sqft
Listed 22 days ago

Property Description

**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*

Listing Status:: Active
Date Added:: February 28, 2026
Data Last Updated:: March 22, 2026 at 2:39AM
Listing Office:: Coldwell Banker Realty : 614-871-0808
Listing Agent:: Katharine A Blades : 614-940-7038
MLS ID:: 226005663

A/C: Central Air
Heating: Forced AirHot Water

Originating MLS: Columbus and Central Ohio Regional MLS
School District: COLUMBUS CSD 2503 FRA CO.
County: Franklin

Zoning: 010-030197

Sewer: Public Sewer

Source: Columbus and Central Ohio Regional MLS

This listing courtesy of Katharine A Blades , Coldwell Banker Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Avondale Elementary School

141 Hawkes Ave, Columbus, OH, 43222

Grades PK-5

0.45 miles away

Starling PK-8

145 S Central Ave, Columbus, OH, 43222

Grades PK-8

0.49 miles away

Columbus Downtown High School

365 S 4th St, Columbus, OH, 43215

Grades 10-12

2.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.