2287-2289 Margaret AvenueColumbus, OH 43219

Property Description

Cash-flowing duplex tucked away in a quiet neighborhood. Each unit features a highly functional, great-sized 2BR/1BA layout equipped with its own dedicated unfinished basement for ample storage. Unit 2287 is leased through April 30, 2027, at $1,190/mo plus a $100/mo water/sewer fee and an additional $40/mo mowing fee (March-November). Meanwhile, Unit 2289 is currently occupied on a month-to-month lease at a below-market rent of $825/mo, providing a seamless opportunity to immediately reposition the unit to true market rates. The exterior has been meticulously maintained with partial new gutters where needed (2026) and a freshly painted exterior. The building also boasts newer siding, furnaces, and newer hot water heaters (including a brand-new water heater installed in 2025). Unit 2287 features a 2026 interior remodel, including a fully updated bathroom (new tub, vanity, mirror, toilet, and plumbing), an updated kitchen, new flooring on the stairs and entire second level, fresh paint throughout, new door hardware, updated light fixtures, and brand-new blinds. Unit 2289 features freshly sealed windows and a soffit that was fully rebuilt this year. This property offers the ultimate blend of stability and immediate repositioning potential! Inspection report is available.

Property Features

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