1230 Gilbert Street # 2 Columbus, OH $ 240,000
1230 Gilbert Street # 2
$ 240,000
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1230 Gilbert Street # 2

Columbus, OH, 43206
$ 240,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,478

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Multi-Family Home for sale in Columbus, OH

for $240,000 with 4 bedrooms. This home was built in 1930 on a lot size of 0.09.

This duplex offers a rare opportunity for both owner-occupants and investors to step into immediate value with built-in upside. Each unit features 2 bedrooms and 1 full bath, providing flexible living options--live in one side and rent the other, or add a strong performer to your portfolio. Unit 1232 is fully rent-ready, while 1230 needs minor finishing work in the bathroom (drywall and tile repair from a prior leak), creating an opportunity to customize and build equity quickly. Once completed, the property is well-positioned to exceed its prior 2025 appraised value of $261,000. The current pricing reflects these remaining updates, offering buyers the chance to walk into equity from day one. With repairs completed, the property has strong rental potential that can meet--and likely exceed--the 1% rule, making it equally appealing as a long-term investment. Located just minutes from Nationwide Children's Hospital and near German Village shops, dining, and downtown Columbus, this location supports both strong rental demand and everyday livability. Whether you're looking to offset your mortgage with rental income or expand your portfolio with a high-potential property, this is a smart, flexible opportunity in a prime location.

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Multi-Family Active

Price

$ 240,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 5,205

Style

Lot Size

0.09

Year Built

1930

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

226005936

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Water Available Natural Gas Available Electricity Available
Year Built 1930
Township None
Unit Number 2
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 MILLERS DESHLER
Status Active
City Columbus
High School District COLUMBUS CSD 2503 FRA CO.
Number Of Units Total 2
Lot Size Square Feet 3920.4
Land Lease Y/N N
Tax Annual Amount 5205.0
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
Unit 2
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Exterior
Water Source Public
Lot Size Area 0.09
Spa N
Lot Size Acres 0.09
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-Forced Air True
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Internal Only
Street Number 1 1230
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* Excluded Features
List By
Danielle Shields

Listing Agent

Redfin Corporation

Broker

danielle.shields@redfin.com

Email

Affordability Calculator

$1,911
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,478
Monthly Property Taxes
$434
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
4/22/2026$240,000 -4.00% Price Down
3/2/2026$250,000 Listed Price

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1230 Gilbert Street # 2, Columbus, OH, 43206 is a Multi-Family Home for sale at $240,000 with a lot size of 0.09. 1230 Gilbert Street # 2 has 4 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 43206 which is in Columbus, OH