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$202,500
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Property Description
Investor special! This duplex is the perfect value-add buy & hold with the potential to hit OVER the 1% rule and strong cash flow/equity. Each unit offers 3 bedrooms, 1 bathroom, and a full kitchen. 1296 is currently rented at $1,100/mo, while 1294 is vacant and ready for updates. With some cosmetic work, you can quickly increase rents-market rates in the area are $1,300-$1,400+ per side. Once stabilized, this property can generate $2,600-$2,800/mo, making it a solid long-term investment with great equity growth. Do a little work now, raise rents later, and watch this duplex cash flow like crazy. Available for showings. Please do not disturb tenants. See A2A remarks.
Full Property Details
Full Property Details for 1294-1296 E 23rd Ave
General
- Sold For: $202,500
- Taxes: $3,693 (2024)
- Status: Closed
- Type: Duplex
- Source: Columbus_N_Greater_Ohio
- MLS ID: 225031212
- Added to Site: 149 day(s) ago
Location
- County: Franklin
- Township: None
- Cross Streets: Cleveland ave
School Information
- School District: COLUMBUS CSD 2503 FRA CO.
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Structural Information
- Construction: Vinyl siding
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
Financial Considerations
- Price Per Sq. Ft.: $92.55
- Tax Amount: $3,693
- Tax Year: 2024
- Tenant Pays: Gas
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 010-079566
Listed by Swiss Realty LTD (317) 491-8756, Jimmy Lieu (614) 300-7535
Sold by LRG Realty (614) 301-2728, Chasity Nicole-Marie Hollingshed
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Price & Sales History for 1294-1296 E 23rd Ave
Date
Details
Price
Change
Source
9/26/2025
Sold
$202,500
-3.53%
MLS
8/26/2025
Price Reduced
$209,900
-4.55%
MLS
8/20/2025
Listed
$219,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1294-1296 E 23rd Avenue, Columbus, OH 43211 (MLS# 225031212) is a Duplex property that was sold at $202,500 on September 26, 2025. Want to learn more about 1294-1296 E 23rd Avenue? Do you have questions about finding other Duplex real estate for sale in Columbus? You can browse all Columbus real estate or contact a Coldwell Banker agent to request more information.

