403-05 E Welch Avenue Columbus, OH $ 350,000
403-05 E Welch Avenue
$ 350,000
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403-05 E Welch Avenue

Columbus, OH, 43207
$ 350,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,155

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Multi-Family Home for sale in Columbus, OH

for $350,000 with 5 bedrooms. This home was built in 1900 on a lot size of 0.09.

Fully occupied duplex offering a turnkey investment opportunity in Columbus. This well-maintained property features 2 units with stable tenants and long-term leases already in place. 403 is a 3 bedroom, 1 1/2 bath unit currently rented for $1,300 per month with a lease in place through 11/2026. 405 is a 2 bed, 1 1/2 bath unit with a lease in place through 1/2027. This unit includes furnishings along with a washer and dryer, providing additional convenience and value. The property includes a divided garage for tenant use as well as a fenced yard. Both units have central air, and the furnaces and hot water tanks are newer. Tenants pay all utilities. 405 was previously operated as a mid-term rental generating $2,200 per month and could easily be converted back to that model once the current tenant vacates. Showings require 48-hour notice due to tenant occupancy. Property is being sold AS IS. Professional management in place.

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Multi-Family Active

Price

$ 350,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 6,790

Style

Lot Size

0.09

Year Built

1900

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

226007697

Features
General
Sewer Public Sewer
Heating Forced Air Hot Water
Cooling Central Air
Utilities Water Available Sewer Available Natural Gas Available Electricity Available Storm Sewer
Year Built 1900
Township None
Property Subtype Duplex
Tax Year 2024
Gross Income 32400.0
County Franklin
Net Operating Income 21400.0
Operating Expense 11000.0
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 3920.4
Land Lease Y/N N
Tax Annual Amount 6790.0
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
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-Hot Water True
Heating-Forced Air True
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Internal Only
Street Number 1 40305
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* Excluded Features
List By
Cheryl D Morgan

Listing Agent

Heart & Homepropertymanagement

Broker

cheryl@heartandhomeohio.com

Email

Affordability Calculator

$2,721
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$566
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
3/15/2026$350,000 Listed Price

Map


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403-05 E Welch Avenue, Columbus, OH, 43207 is a Multi-Family Home for sale at $350,000 with a lot size of 0.09. 403-05 E Welch Avenue has 5 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 43207 which is in Columbus, OH