




0 Baths
$399,000
1878 Eddystone Avenue, a-b-c, Columbus OH, 43224
Price per sqftN/A
Built in1964
Property typeMulti-family
Courtesy of Jerry R Auger - Key Realty
Overview
Active
Listed Sep 29, 2026
Updated 2 days ago
INVESTOR OPPORTUNITY -Per the sellers: 8.25%+ CAP RATE! Add a turnkey, income-producing asset to your portfolio with this updated all-brick, 3-unit multifamily property in Columbus. All three units are rent-ready/turnkey and generate $3,150 per month in combined rental income, providing attractive cash flow from day one.
The property features two 2-bedroom over/under flats (Units A & B) plus a 2-bedroom townhouse (Unit C), offering a desirable and diversified unit mix. Recent tasteful updates enhance tenant appeal while the durable all-brick construction supports long-term ownership. A newer privacy fence creates attractive, private outdoor space for residents.
With a cap rate exceeding 8.25%, strong existing rental income, and a convenient location just minutes from Downtown Columbus, The Ohio State University, Clintonville, Easton, and major employment, shopping, dining, and entertainment destinations, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term upside.
Turnkey. Cash-flowing. 8.25%+ cap rate. Three units. One investment opportunity.
$2,655/mo
Est. mortgage payment based on a $399,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 226022353
Interior Features
- Bathrooms
- 0
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.16 Acres
Other Property Details
- Taxes
- $3,176
- Tax Frequency
- Annually
Courtesy of Jerry R Auger - Key Realty
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Greg Giessler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright: 2026 by Columbus and Central Ohio Regional MLS. All rights reserved.