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$200,000
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Property Description
Solid cash-flowing duplex featuring 3 bed / 1 bath units per side, fully occupied and bringing in $2,400/month in gross rental income. With a 10.2% cap rate and tenants paying all utilities, this is a turn-key investment offering dependable returns in the Columbus market. Reported Net Operating Income: $21,948 Annual taxes: $2,350 Insurance: $1,622 10% maintenance reserve: $2,880 Units are in good condition and currently leased at $1,200/month each. Low owner expenses and consistent income make this an ideal buy-and-hold asset with long-term upside!
Full Property Details
Full Property Details for 130-132 S Richardson Ave
General
- Sold For: $200,000
- Taxes: $2,350 (2024)
- Status: Closed
- Type: Duplex
- Source: Columbus_N_Greater_Ohio
- MLS ID: 225029319
- Added to Site: 206 day(s) ago
Location
- County: Franklin
- Township: None
- Cross Streets: Olive St
School Information
- School District: COLUMBUS CSD 2503 FRA CO.
Structural Information
- # Buildings: 1
- Year Built: 1917
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
Financial Considerations
- Price Per Sq. Ft.: $88.26
- Tax Amount: $2,350
- Tax Year: 2024
Disclosures and Reports
- Property ID: 010-030945
Listed by Sell For One Percent (614) 451-4433, Jaime Barlow (614) 493-8541
Sold by Reafco (614) 636-2560, Patrick J Drury
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Schools
Schools serving 130-132 S Richardson Ave
School District:Columbus City School District
| Name | Grades | Distance |
|---|---|---|
Highland Elementary School, Columbus, OH 40 South Highland Avenue, Columbus, OH 43223 | PK-5 | 0.4 mi |
Westmoor Middle School 3001 Valleyview Drive, Columbus, OH 43204 | 6-8 | 1 mi |
West High School 179 South Powell Avenue, Columbus, OH 43204 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 130-132 S Richardson Ave
Date
Details
Price
Change
Source
10/14/2025
Sold
$200,000
-6.98%
MLS
8/05/2025
Listed
$215,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
130-132 S Richardson Avenue, Columbus, OH 43204 (MLS# 225029319) is a Duplex property that was sold at $200,000 on October 14, 2025. Want to learn more about 130-132 S Richardson 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.

