Not one, not two, but FOUR cash-flowing duplexes hitting the 1% rule in Columbus, Ohio. Buy one, several, or all four! These well-performing properties offer a rare opportunity for investors seeking strong rental income with minimal vacancy. Out of 8 total units, only 1 unit is currently vacant -- intentionally left open for a potential owner-occupant or for easy viewing during the sales process.
Addresses include: 1040-1042 Loretta Ave, 1045-1047 Loretta Ave, 1051-1053 Republic Ave, and 1056-1058 Loretta Ave. We also manage one additional duplex on Loretta that is not currently listed but the owner may consider selling at the right price -- perfect for investors looking to acquire a package of 5 properties.
These properties have been professionally managed long term, and current management is willing to stay in place for a seamless transition.
Rent roll is available in the attached documents. Since all units feature the same layout, only the vacant unit will be available for showings prior to contract acceptance, but it serves as an accurate representation of the others. Unit photos are from prior to tenant move-in and may or may not reflect current condition.
Tenants pay all utilities, keeping owner expenses low. Water is already separately sub-metered, and trash service is through the City of Columbus. All tenants are current on rent, with several long-term residents providing stable occupancy history.
And did we mention the CRAZY LOW taxes? Annual property taxes range from just $1,573.54 to $1,803.86 per year -- helping maximize your cash flow and returns.
Properties are being sold as-is. Excellent opportunity to add stable, income-producing multifamily assets to your portfolio in a strong Columbus rental market.
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Zillow last checked:
Listing updated:
Listed by:
Tristam Griffith614-506-3086,
Cap Rate Realty
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226017341
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Heating
Forced Air
Property
Parking
Total spaces: 2
Lot
Size: 4,791 Square Feet
Details
Parcel number: 010079681
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Condition
Year built: 1950
Utilities & green energy
Sewer: Public Sewer, Storm Sewer
Water: Public
Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Community & HOA
Community
Subdivision: Linden
Location
Region: Columbus
Financial & listing details
Annual tax amount: $1,792
Date on market: 5/15/2026
Listing terms: Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
5/15/2026
Listed for sale
$169,997
Source: Columbus and Central Ohio Regional MLS #226017341Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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