1564-1566 E Blake Ave Columbus, OH 43211
South Linden NeighborhoodEstimated payment $1,589/month
About This Home
Welcome to 1564-1566 E Blake Ave, Columbus, OH 43211—a beautifully updated 2,240 sq. ft. duplex built in 1926 and offering a solid investment opportunity with immediate income potential. Each side of this well-maintained property features modern finishes and thoughtful updates, with leases already in place and a professional property management company on board for truly hands-off ownership (option to keep them if desired).
The property brings in $3,400/month in gross rental income. A cap rate of almost 9%.
Features include:
Forced air heating & window A/C
Basement with washer/dryer hookups
Shared driveway with 4 off-street parking spaces
Updated interiors in both units
Utilities (electric, gas, sewer) covered by owner
Located in a revitalizing area of Columbus, this property sits in Franklin County and within the Columbus City School District. The neighborhood is experiencing growth and redevelopment, with nearby properties poised for improvement—a value-add factor for future appreciation.
You'll be near Weinland Park, Linden, and Milo-Grogan—areas gaining attention for affordable housing, city grants, and proximity to downtown Columbus. Access to major highways, public transit, and shopping makes this a desirable location for long-term tenants.
Proforma based on actual financials available in documents.
Whether you're looking to expand your portfolio or get started with a strong income-producing property, this duplex checks all the boxes.
Don't miss out on this promising investment in one of Columbus's emerging neighborhoods!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,103
Year Built
- Built in 1926
Home Design
- 2,240 Sq Ft Home
- Duplex
- Frame Construction
Parking
- No Garage
- Off-Street Parking
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
- Insurance Expense $1,000
- Maintenance Expense $3,600
- Operating Expense $6,703
- Gross Income $40,800
- Net Operating Income $34,097
Map
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | Price Changed | $270,000 | -3.6% | $121 / Sq Ft |
| 08/09/2025 08/09/25 | Price Changed | $280,000 | -3.4% | $125 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $289,900 | -- | $129 / Sq Ft |
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 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $79,200 | Purchase Money Mortgage |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225026714
APN: 010-060889
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Information is deemed reliable but not guaranteed.
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