Under Contract

1025-1027 Lockbourne Road

Columbus, OH 43206
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Bed --

Bed

Bath 0

Bath

Acres0.20

Acre(Lot)

Prime investment opportunity just steps from Nationwide Children's Hospital! Located adjacent to Roosevelt Park, this massive brick duplex offers exceptional cash flow, value-add potential, and a premier location. Unit 1025 features a spacious 3-bedroom, 1-bath layout currently leased at $1,300/month, while Unit 1027 offers a large 4-bedroom, 1-bath layout leased through 7/31/2026 at $1,100/month, providing immediate upside with below-market rent. With all utilities paid by the tenants, this property is ideal for investors seeking a low-maintenance asset or owner-occupants looking to house hack when the current lease expires. The property features covered front porches, full basements, off-street parking, and fully fenced, separate backyards with an additional private side yard. Recent cap ital improvements include a new roof (2018), extensive roof maintenance and sealing (2026), replacement of one long run of gutters along with maintenance of the remaining gutters (2026), basement sealing and fresh paint (2026), a new water heater in unit 1025 (2025) and new furnace in unit 1025 (2026), freshly painted porches and exterior trim (2025), and updated kitchens in both units (2022 in Unit 1025 and 2025 in Unit 1027). Conveniently located within walking distance of Nationwide Children's Hospital and just minutes from Downtown Columbus and Franklin Park Conservatory, this is a rare opportunity to acquire a high-quality duplex with strong in-place income, future rental upside, and long-term appreciation potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $249,000

AD Id : 88214343

MLS Id : 226027088

Lot Size : 0.20 Acre

Year Built : 1925

County : Franklin

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Feature Features

  • Room Information

    Has Basement: Yes
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes

  • Building Information

    Year Built: 1925 Construction Materials: Brick Private Pool: No

  • Lot Information

    Main Square Feet: 0.2 Lot Size Acres: 0.2 Lot Size Square Feet: 8712

  • Listing Price Information

    Listing Price: $249000

  • Tax Information

    Parcel Number: 010-016048 Tax Year: 2025 Annual Tax: $3620

  • Parking Information

    Parking Total: 2 No Garage

  • Utility Information

    Natural Gas Available, Water Available, Sewer Available, Electricity Available
  • Location Information

    WaterSource: Public
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ByOwner last updated this listing 07/24/2026 @ 05:21

MLS: 226027088 LISTED BY: Zeke Liston, Red 1 Realty 614-585-9020 SOURCE: Columbus and Central Ohio Regional MLS

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