Active

2407 Summit Street

Columbus, OH 43202
Mark as Favorite

Exceptional investment opportunity in the heart of the highly desirable Old North Columbus corridor! Ideally located just minutes from The Ohio State University, Downtown Columbus, and the Short North Arts District, the property benefits from consistent rental demand driven by students, young professionals, and long-term residents seeking convenient access to major employment, dining, and entertainment hubs. All units are currently occupied, providing immediate in-place cash flow. The property also features a detached garage, offering additional tenant convenience and potential added value. Unit 2407 features 1 bedroom and 1 bathroom and is currently rented for $1,000 per month plus a $50 monthly water/sewer/trash fee on a month-to-month lease, presenting an excellent opportunity for an in vestor to reposition rents to market rates or for an owner-occupant seeking a house hacking opportunity. Unit 2407 1/2 features 4 bedrooms and 1 bathroom and is rented for $1,375 per month plus a $75 monthly water/sewer/trash fee through June 30, 2027, providing stable rental income. The property has also seen numerous capital improvements and cosmetic updates, including refinished hardwood floors (2025 - lower unit, 2022 - upper unit), new electrical panels for each unit (2022), detached garage rebuild (2021), fresh paint and updated fixtures (2021 - upper unit, 2025 - lower unit), updated vinyl windows (2020), roof replacement(2021), and a chain-link fenced backyard (2022). With its prime central location, strong rental demand, existing occupancy, and extensive recent improvements, this property offers an attractive opportunity for both investors and owner-occupants alike.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $385,000

AD Id : 78336509

MLS Id : 226016370

Year Built : 1925

County : Franklin

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

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

  • Listing Price Information

    Listing Price: $385000

  • Tax Information

    Parcel Number: 010-006070-00 Tax Year: 2025 Annual Tax: $5509
Sell a home like this and save $22,601 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus REALTORS®. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information deemed reliable but not guaranteed. Copyright © 2026 Columbus REALTORS®. All rights reserved.

ByOwner last updated this listing 06/07/2026 @ 08:16

MLS: 226016370 LISTED BY: Zeke Liston, Red 1 Realty 614-585-9020 SOURCE: Columbus and Central Ohio Regional MLS

Selling? Save $22,601 when you sell a home like this

Tour with a ByOwner Agent