1025-1027 Lockbourne Road Columbus, OH 43206

Property Description

Prime investment opportunity just steps from Nationwide Children's Hospital! Located adjacent to Roosevelt Park, this massive brick duplex offers exceptional cash flow, value-add potential, and a premier location. Unit 1025 features a spacious 3-bedroom, 1-bath layout currently leased at $1,300/month, while Unit 1027 offers a large 4-bedroom, 1-bath layout leased through 7/31/2026 at $1,100/month, providing immediate upside with below-market rent. With all utilities paid by the tenants, this property is ideal for investors seeking a low-maintenance asset or owner-occupants looking to house hack when the current lease expires. The property features covered front porches, full basements, off-street parking, and fully fenced, separate backyards with an additional private side yard. Recent capital improvements include a new roof (2018), extensive roof maintenance and sealing (2026), replacement of one long run of gutters along with maintenance of the remaining gutters (2026), basement sealing and fresh paint (2026), a new water heater in unit 1025 (2025) and new furnace in unit 1025 (2026), freshly painted porches and exterior trim (2025), and updated kitchens in both units (2022 in Unit 1025 and 2025 in Unit 1027). Conveniently located within walking distance of Nationwide Children's Hospital and just minutes from Downtown Columbus and Franklin Park Conservatory, this is a rare opportunity to acquire a high-quality duplex with strong in-place income, future rental upside, and long-term appreciation potential.

Property Features

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