1566 E Blake Ave - 1564-1566 E Blake Avenue Columbus OH 43211 2 Unit Apartment Building Offered at $289,900 at a 11.70% Cap Rate Columbus, OH 43211

Welcome to 1564-1566 E Blake Ave, Columbus, OH 43211—a beautifully updated 2,240 sq. ft. duplex built in 1926 and offering a solid investment opportunity with immediate income potential. Each side of this well-maintained property features modern finishes and thoughtful updates, with leases already in place and a professional property management company on board for truly hands-off ownership (option to keep them if desired). The property brings in $3,400/month in gross rental income. A cap rate of 11.7% managing yourself. Features include: Forced air heating & window A/C Basement with washer/dryer hookups Shared driveway with 4 off-street parking spaces Updated interiors in both units Utilities (electric, gas, sewer) covered by owner Located in a revitalizing area of Columbus, this property sits in Franklin County and within the Columbus City School District. The neighborhood is experiencing growth and redevelopment, with nearby properties poised for improvement—a value-add factor for future appreciation. You'll be near Weinland Park, Linden, and Milo-Grogan—areas gaining attention for affordable housing, city grants, and proximity to downtown Columbus. Access to major highways, public transit, and shopping makes this a desirable location for long-term tenants. Proforma based on actual financials available in documents. Whether you're looking to expand your portfolio or get started with a strong income-producing property, this duplex checks all the boxes. Don't miss out on this promising investment in one of Columbus's emerging neighborhoods!