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USAOHColumbus391-389-391 Berkeley Rd
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391-389-391 Berkeley Rd, Columbus, OH

Real Estate

For Sale

Listed price in listed location currency (USD).
$685,000

000

MLS® 226010909

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes $3,718
Days Active 2
Lot Size 0.08 acres
Approx. Age 1916
MLS® Number 226010909

Property Address: 391-389-391 Berkeley Rd, Columbus, OH, 43205-2113

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 2-unit investment property in Olde Towne East, Columbus, Ohio, with a partial 15-year CRA tax abatement active through March 2036. Both sides feature identical 3-bedroom, 1.5-bathroom layouts with renovated interiors, fresh paint, and separately metered utilities paid by tenants. Each unit offers hardwood floors throughout the first floor, a renovated kitchen with quartz countertops and stainless steel appliances, and a flexible first-floor bonus room that works as a dining room or home office. Three second-floor bedrooms share a full bathroom with upgraded finishes, and in-unit washer and dryer are included in both units. Unit 391 includes a large fenced backyard with a patio. The property has a full basement for storage and utility access. Roof, HVAC, and major mechanical systems were updated in 2021. Separate gas, electric, tenants pay all utilities. Gross scheduled rent is $48, 300 annually ($4, 025/month combined). Current property taxes are $3, 729.54 under the active CRA abatement. Projected net operating income is approximately $43, 070, producing an approximate 6.2% cap rate at list price. Located in Olde Towne East, minutes from Downtown Columbus, Bexley, Capital University, and Nationwide Children's Hospital. Franklin Park Conservatory, the Trolley District, and East Market are nearby. Olde Towne East is one of Columbus's historic near-east neighborhoods with ongoing investment activity and consistent rental demand. A turnkey Olde Towne East duplex with a long-term tax abatement, updated systems, and tenant-paid utilities -- positioned for an investor or an owner-occupant house-hack buyer.
MLS® Number226010909
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageNo
Approx. Age1916
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$685,000List Price
Apr 7, 2026End Date
$1,900Sold Price

Leased

Mar 6, 2026List Date
$1,995List Price
  • Commute

Commute

Starting Address
Destination Address
389-391 Berkeley Rd, Columbus, OH

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