505-507 Catherine Street Columbus, OH $ 225,900
505-507 Catherine Street
$ 225,900
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505-507 Catherine Street

Columbus, OH, 43223
$ 225,900
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,391

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Multi-Family Home for sale in Columbus, OH

for $225,900 with 4 bedrooms. This home was built in 1928 on a lot size of 0.08.

Well-maintained duplex offering two 2-bedroom, 1-bath units, each with a full basement. Both units were renovated in 2020 with updated flooring, kitchen cabinets, and appliances. Unit 505 has since been further upgraded with all-new LVP flooring throughout, fresh paint, quartz kitchen countertops, and updated light fixtures. Unit 507 is under a corporate lease generating $1,162/month through November 2026, and Unit 505 is month-to-month at $1,000/month, offering immediate flexibility for an investor. Tenants pay electric and gas; the owner covers water. Strong in-place income with near-term upside potential makes this an ideal addition to an investor portfolio.

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Multi-Family Active

Price

$ 225,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 3,199

Style

Lot Size

0.08

Year Built

1928

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

225044396

Features
General
Year Built 1928
Township None
Property Subtype Duplex
Tax Year 2024
Gross Income 0.0
County Franklin
Net Operating Income 0.0
Operating Expense 0.0
Property Type Multi-Family
Status Active
City Columbus
High School District COLUMBUS CSD 2503 FRA CO.
Number Of Units Total 2
Lot Size Square Feet 3484.8
Land Lease Y/N N
Tax Annual Amount 3199.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Lot Size Area 0.08
Spa N
Lot Size Acres 0.08
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 505507
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* Excluded Features
List By
Remington Lyman

Listing Agent

Reafco

Broker

remington@reafco.com

Email

Affordability Calculator

$1,657
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,391
Monthly Property Taxes
$267
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421409 Elementary School
1421044 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/28/2026$225,900 -3.87% Price Down
12/16/2025$235,000 -6.00% Price Down
12/1/2025$250,000 Listed Price

Map


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505-507 Catherine Street, Columbus, OH, 43223 is a Multi-Family Home for sale at $225,900 with a lot size of 0.08. 505-507 Catherine Street has 4 bedrooms, 0.0 baths, and was built in 1928. The property's zip code is 43223 which is in Columbus, OH