735-737 E Mithoff St Columbus, OH 43206
Karns Park NeighborhoodEstimated payment $1,867/month
About This Home
Fantastic investment opportunity! This fully renovated duplex at 735-737 E Mithoff Street offers strong rental income and modern updates throughout. Each side features 2 bedrooms and 1 bath, thoughtfully refreshed with newer roof, gutters, HVAC, electrical, plumbing, doors, flooring, kitchens, and baths nothing left to do but move in or start collecting rent. One unit is leased through April 2026 at $1,200/month, while the other side is vacant and ready to show, perfect for an owner-occupant or new tenant. Located just minutes from Nationwide Children's Hospital, German Village, and downtown Columbus, this property offers both convenience and solid returns. Whether you're expanding your portfolio or looking for your first multi-unit, this 8.4% CAP rate opportunity is one you won't want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,427
Year Built
- Built in 1948
Home Design
- 1,568 Sq Ft Home
- Duplex
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Washer and Dryer Hookup
- 5,227 Sq Ft Lot
- Basement
Listing and Financial Details
- Assessor Parcel Number 010-035715
Community Details
Overview
- 2 Units
Building Details
- Water Sewer Expense $86
- Operating Expense $5,440
- Gross Income $30,520
- Net Operating Income $25,080
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 | $3,427 | $74,770 | $24,750 | $50,020 |
| 2023 | $3,384 | $74,770 | $24,750 | $50,020 |
| 2022 | $3,237 | $60,910 | $5,920 | $54,990 |
| 2021 | $1,515 | $28,460 | $5,920 | $22,540 |
| 2020 | $1,517 | $28,460 | $5,920 | $22,540 |
| 2019 | $1,034 | $16,630 | $4,940 | $11,690 |
| 2018 | $1,009 | $16,630 | $4,940 | $11,690 |
| 2017 | $1,034 | $16,630 | $4,940 | $11,690 |
| 2016 | $1,082 | $15,930 | $4,480 | $11,450 |
| 2015 | $985 | $15,930 | $4,480 | $11,450 |
| 2014 | $988 | $15,930 | $4,480 | $11,450 |
| 2013 | $513 | $16,765 | $4,725 | $12,040 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $174,000 | None Available | |
| Fiduciary Deed | $84,000 | Monarch Title Services Llc | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $130,500 | New Conventional |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225043497
APN: 010-035715
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 0 Gilbert St
- 739 Thurman Ave
- 1263 Heyl Ave
- 798 E Mithoff St
- 693 Thurman Ave
- 650 E Mithoff St
- 721 Hanford St Unit 721-723
- 1062 E Deshler Ave
- 621-627 E Gates St
- 706 Frebis Ave
- 853 Thurman Ave
- 1240 S 17th St
- 1191 S 22nd St Unit 1185
- 573 E Mithoff St
- 1404 S Ohio Ave
- 676 E Moler St
- 565 E Mithoff St
- 524 Thurman Ave
- 554 Hanford St
- 609 Frebis Ave
- 835 E Mithoff St Unit C
- 721 Hanford St
- 723 Hanford St
- 629 Hanford St
- 596 E Gates St
- 1270 S Ohio Ave
- 1408 S Ohio Ave
- 1416 S Ohio Ave
- 530 Hanford St Unit ID1262899P
- 1430 S Champion Ave
- 1123-1125 S Ohio Ave
- 1123-1125 S Ohio Ave
- 727 Reinhard Ave
- 638 E Jenkins Ave Unit A
- 613 Siebert St
- 798 E Whittier St
- 836 E Whittier St
- 1091 S Champion Ave
- 439 Thurman Ave
- 880 E Whittier St