85-87 N Yale Avenue Columbus, OH $ 279,900
85-87 N Yale Avenue
$ 279,900
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85-87 N Yale Avenue

Columbus, OH, 43222
$ 279,900
Bedrooms4500 Baths0.0

Monthly Estimate*

$ 1,723

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Multi-Family Home for sale in Columbus, OH

for $279,900 with 4500 bedrooms. This home was built in 1910 on a lot size of 0.07.

**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 $3,000 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*

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Multi-Family Active

Price

$ 279,900

Bedrooms

4500

Property Type

Multi-Family

Taxes

$ 2,484

Style

Lot Size

0.07

Year Built

1910

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

226005663

Features
General
Sewer Public Sewer
Heating Forced Air Hot Water
Cooling Central Air
Year Built 1910
Township None
Property Subtype Duplex
Tax Year 2024
Gross Income 18000.0
County Franklin
Net Operating Income 0.0
Operating Expense 0.0
Property Type Multi-Family
Possible Use Commercial
Status Active
City Columbus
High School District COLUMBUS CSD 2503 FRA CO.
Number Of Units Total 2
Lot Size Square Feet 3049.2
Land Lease Y/N N
Tax Annual Amount 2484.0
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
Lot Size Area 0.07
Spa N
Lot Size Acres 0.07
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Total Baths 0
Heating-Hot Water True
Heating-Forced Air True
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Internal Only
Street Number 1 8587
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* Excluded Features
List By
Katharine A Blades

Listing Agent

Coldwell Banker Realty

Broker

katharine.blades@cbrealty.com

Email

Affordability Calculator

$1,930
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,723
Monthly Property Taxes
$207
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
2/27/2026$279,900 Listed Price

Map


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85-87 N Yale Avenue, Columbus, OH, 43222 is a Multi-Family Home for sale at $279,900 with a lot size of 0.07. 85-87 N Yale Avenue has 4500 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 43222 which is in Columbus, OH