1045 Loretta Avenue Columbus, OH $ 169,997
1045 Loretta Avenue
$ 169,997
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1045 Loretta Avenue

Columbus, OH, 43211
$ 169,997
Bedrooms2 Baths0.0

Monthly Estimate*

$ 1,047

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Multi-Family Home for sale in Columbus, OH

for $169,997 with 2 bedrooms. This home was built in 1950 on a lot size of 0.11.

Not one, not two, but FOUR cash-flowing duplexes hitting the 1% rule in Columbus, Ohio. Buy one, several, or all four! These well-performing properties offer a rare opportunity for investors seeking strong rental income with minimal vacancy. Out of 8 total units, only 1 unit is currently vacant -- intentionally left open for a potential owner-occupant or for easy viewing during the sales process. Addresses include: 1040-1042 Loretta Ave, 1045-1047 Loretta Ave, 1051-1053 Republic Ave, and 1056-1058 Loretta Ave. We also manage one additional duplex on Loretta that is not currently listed but the owner may consider selling at the right price -- perfect for investors looking to acquire a package of 5 properties. These properties have been professionally managed long term, and current management is willing to stay in place for a seamless transition. Rent roll is available in the attached documents. Since all units feature the same layout, only the vacant unit will be available for showings prior to contract acceptance, but it serves as an accurate representation of the others. Unit photos are from prior to tenant move-in and may or may not reflect current condition. Tenants pay all utilities, keeping owner expenses low. Water is already separately sub-metered, and trash service is through the City of Columbus. All tenants are current on rent, with several long-term residents providing stable occupancy history. And did we mention the CRAZY LOW taxes? Annual property taxes range from just $1,573.54 to $1,803.86 per year -- helping maximize your cash flow and returns. Properties are being sold as-is. Excellent opportunity to add stable, income-producing multifamily assets to your portfolio in a strong Columbus rental market.

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Multi-Family Active

Price

$ 169,997

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 1,792

Style

Lot Size

0.11

Year Built

1950

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

226017341

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Water Available Sewer Available Natural Gas Available Electricity Available Storm Sewer
Year Built 1950
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
Subdivision Name Linden
Status Active
City Columbus
High School District COLUMBUS CSD 2503 FRA CO.
Number Of Units Total 2
Lot Size Square Feet 4791.6
Land Lease Y/N N
Tax Annual Amount 1792.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
New Financing Coventional True
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Exterior
Water Source Public
Total Parking 2.0
Lot Size Area 0.11
Spa N
Lot Size Acres 0.11
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
Heating-Forced Air True
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Internal Only
Street Number 1 1045
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* Excluded Features
List By
Tristam Griffith

Listing Agent

Cap Rate Realty

Broker

tristam@capraterealty.com

Email

Affordability Calculator

$1,196
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,047
Monthly Property Taxes
$149
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1421409 Elementary School
1421044 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$169,997 Listed Price

Map


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1045 Loretta Avenue, Columbus, OH, 43211 is a Multi-Family Home for sale at $169,997 with a lot size of 0.11. 1045 Loretta Avenue has 2 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 43211 which is in Columbus, OH