1564-1566 E Blake Ave Columbus, OH 43211
South Linden NeighborhoodEstimated payment $1,711/month
Total Views
3,668
--
Bed
--
Bath
2,240
Sq Ft
$129
Price per Sq Ft
About This Home
Built in 1926, the 2,240 sq. ft. building consists of two updated units, both currently occupied with leases in place. A professional management company is already in place. The property generates a gross monthly income of $3,400, with total operating expenses of $1109, resulting in a net operating income of $2291 per month! It features forced air heating, window A/C, a basement, washer/dryer hookups, and a shared driveway with four parking spaces. The owner covers electric, gas, and sewer expenses. Located in Columbus CSD within Franklin County, it offers a turnkey investment opportunity with immediate rental income. Proforma in the Documents based on actual numbers. Both units have been beautifully updated. Wonderful investment opportunity. Both sides are occupied with leases in place.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,077
Year Built
- Built in 1926
Home Design
- 2,240 Sq Ft Home
- Duplex
- Frame Construction
Parking
- 4 Parking Spaces
- Shared Driveway
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Gas Available
Additional Features
- Washer and Dryer Hookup
- 4,356 Sq Ft Lot
- Basement
Listing and Financial Details
- Assessor Parcel Number 010-060889
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $1,109
- Gross Income $3,400
- Net Operating Income $2,291
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,103 | $45,890 | $5,320 | $40,570 |
| 2023 | $2,077 | $45,890 | $5,320 | $40,570 |
| 2022 | $884 | $16,630 | $2,210 | $14,420 |
| 2021 | $885 | $16,630 | $2,210 | $14,420 |
| 2020 | $887 | $16,630 | $2,210 | $14,420 |
| 2019 | $862 | $13,870 | $1,860 | $12,010 |
| 2018 | $431 | $13,870 | $1,860 | $12,010 |
| 2017 | $764 | $13,870 | $1,860 | $12,010 |
| 2016 | $666 | $9,810 | $2,210 | $7,600 |
| 2015 | $461 | $9,810 | $2,210 | $7,600 |
| 2014 | $964 | $15,550 | $2,210 | $13,340 |
| 2013 | $528 | $17,255 | $2,450 | $14,805 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Price Changed | $289,900 | -6.2% | $129 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $309,000 | 0.0% | $138 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | Price Changed | $309,000 | -0.3% | $138 / Sq Ft |
| 02/27/2025 02/27/25 | Price Changed | $310,000 | -3.1% | $138 / Sq Ft |
| 02/05/2025 02/05/25 | For Sale | $320,000 | -- | $143 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Landsel Title Agency Inc | |
| Quit Claim Deed | -- | Northwest T | |
| Warranty Deed | $10,000 | Worthington | |
| Sheriffs Deed | $26,000 | None Available | |
| Warranty Deed | $88,000 | First Assur | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,000 | Credit Line Revolving | |
| Previous Owner | $79,200 | Purchase Money Mortgage |
Source: Public Records
Similar Home in Columbus, OH
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225003405
APN: 010-060889
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