$265,000

Turnkey Duplex Investment | Tax Abatement Through 2035 | Section 8 Income + Upside Fully rented duplex located at 1445-1447 Jefferson Ave, Columbus, OH 43211, offering immediate rental income with strong upside. Per the Franklin County Auditor, the property is recorded as a 6 bed / 2 bath (3 bed / 1 bath per unit). However, the current layout functions as 2 bed / 1 bath units and is currently rented as such. While the existing floorplan is more conducive to 2-bedroom use, a new owner with a creative approach may find a way to add a third bedroom, presenting a clear opportunity to further increase cash flow. Both units are currently leased through Section 8 at $1,225/month, producing $2,450/month ($29,400/year) in gross income. Both units are eligible for a CMHA rent increase to $1,285/month, bringing potential gross income to $2,570/month ($30,840/year). The property also benefits from a tax abatement through 2035, resulting in extremely low annual property taxes of just $592.10, allowing investors to enjoy stronger cash flow for years to come. Major capital improvements have already been completed, including new HVAC and water heaters in 2018, new windows and siding in 2022, a new sewer line, and a brand new roof installed in 2025, reducing near-term maintenance concerns. There is also significant long-term upside. CMHA currently allows up to $1,731/month for 3 bed / 1 bath units, meaning gross rents could potentially reach $3,462/month if configured and rented as 3-bedroom units as reflected in county records. Located in a strong Section 8 rental corridor in Linden, this property offers a combination of stable income, extremely low taxes, updated systems, and clear rent growth potential. Please do not disturb tenants. CURB OFFERS ONLY. Buyers will gain access to the property once an offer is accepted.