AvailableBuy & Hold

2207 E 17th Ave

Columbus, OH 43219 · Franklin County

Asking

$149,000

ARV

$240,000

Est. spread

$63,000

All-in / ARV

74%

Underwriting

The numbers

Purchase (assignment price)$149,000

Estimated repairs+ $28,000

All-in basis$177,000

After-repair value (ARV)$240,000

Gross spread$63,000

Return on basis (before costs)35.6%

Market rent estimate$2,300/mo

Rent-to-basis (monthly)1.30%

Holding, closing and financing costs not included. Verify all figures independently.

The opportunity

Side-by-side duplex with both units leased month-to-month at below-market rents. Separate meters. Light rehab pushes rents to $1,150/side.

Separate gas & electric
Both units leased
Value-add rent upside
Off-street parking

Property facts

Property type: Duplex
Strategy: Buy & Hold
Beds / Baths: 4 bd · 2 ba
Living area: 1,880 sf
Lot: 5,200 sf (0.12 ac)
Year built: 1948
Occupancy: Tenant Occupied
County: Franklin County, OH

Also under contract

More deals in OH

Available

Fix & Flip

Asking

$118,000

Single Family

1418 Maple Ridge Dr

Columbus, OH 43224 · Franklin County

ARV

$215,000

Repairs

$42,000

Spread

$55,000

3 1.5 1,340 sf74% of ARV

Pending

Fix & Flip

Asking

$96,000

Single Family

5631 Cedar Bluff Ln

Dayton, OH 45424 · Montgomery County

ARV

$182,000

Repairs

$38,000

Spread

$48,000

3 2 1,520 sf74% of ARV

Available

Fix & Flip

Asking

$189,000

Single Family

509 Glenwood Dr

Charlotte, NC 28208 · Mecklenburg County

ARV

$329,000

Repairs

$52,000

Spread

$88,000

3 2 1,350 sf73% of ARV