113-115 W Park Avenue, Columbus, OH 43222
New Listing
$315,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$315,000
List Date:
3/17/2026
Last Modified:
3/17/2026
Description
Tax Abated Duplex through 2038!! This property features two spacious 3bed/2 full bath units with functional layouts that continue to attract and retain long-term tenants.
The property is currently generating strong income with Unit 113 rented at $1,540 + $65 water fee + $30 pet fee (lease through June 30, 2026) and Unit 115 rented at $1,375 + $65 water fee + $30 pet fee (lease through April 30, 2026), providing immediate and stable cash flow. Monthly income is $3,105!! Unit 115 will be renewing at $1,400.
Major mechanical updates have been completed, with both furnaces and A/C units replaced in 2023, helping minimize near-term capital expenses. Kitchen appliances have since been installed and will transfer to the new owners.
Tenants also enjoy access to a fenced-in backyard, adding privacy and outdoor space that enhances tenant appeal and retention.
With solid rents, lease security in place, and strong ongoing demand, this duplex is a reliable, income-producing asset with continued upside potential.
Supplements: ********
More Information MLS# 226007957
Location & Property Info
List Price/SqFt: 122.28
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 2576
Lot Size (Side): 131
Use Code: 520 – 2-FAM DWELL:PLATTED LOT
Number of Units: 2
Year Built: 1908
Acreage: 0.09
Tax Info
Tax Abatement: Yes
Abatement End Date: 2038-12-31
Taxes (Yrly): 4201
Parcel #: 010-047375
Tax Year: 2024
Remarks & Misc
Property Description: Tax Abated Duplex through 2038!! This property features two spacious 3bed/2 full bath units with functional layouts that continue to attract and retain long-term tenants.
The property is currently generating strong income with Unit 113 rented at $1,540 + $65 water fee + $30 pet fee (lease through June 30, 2026) and Unit 115 rented at $1,375 + $65 water fee + $30 pet fee (lease through April 30, 2026), providing immediate and stable cash flow. Monthly income is $3,105!! Unit 115 will be renewing at $1,400.
Major mechanical updates have been completed, with both furnaces and A/C units replaced in 2023, helping minimize near-term capital expenses. Kitchen appliances have since been installed and will transfer to the new owners.
Tenants also enjoy access to a fenced-in backyard, adding privacy and outdoor space that enhances tenant appeal and retention.
With solid rents, lease security in place, and strong ongoing demand, this duplex is a reliable, income-producing asset with continued upside potential.
Income/Expenses
Gross Income: 3105
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Expenses
R.E. Taxes: 4214.06
3 Bedroom
3 Bedroom # of Units: 2
3 Bedroom Month Rent Per Unit: 1457
Heat Fuel
Gas: 1
Water Source
Public: 1
Tenant Pays
Gas: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Central Air: 1
Owner Pays
Sewer: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 315000
List Price: $315,000
Property Sub Type: Duplex
Street #: 113-115
Street PreDirection: W
Street Name: Park
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43222
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2026-03-17
Property Features
Addl Acceptance Cond: None Known
Owner Pays: Sewer; Water
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Water Source: Public
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
David Spurlock
Last Updated: March – 17 – 2026
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