Under Contract

505-507 Catherine Street

Columbus, OH 43223
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Bed --

Bed

Bath 0

Bath

Acres0.08

Acre(Lot)

Well-maintained duplex featuring two 2-bedroom, 1-bath units with separate utilities, full basements, and a detached 2-car garage. Major recent improvements include a new furnace and ductwork for Unit 505, new ductwork for Unit 507, newer water heaters, fresh interior paint, new LVP flooring, quartz countertops, exterior paint, and landscaping improvements. Each unit offers a living room and kitchen on the main level with two bedrooms and a full bath upstairs. Current rents are $1,000/month for Unit 505 and $1,102/month for Unit 507. Tenants pay gas and electric, while the owner pays water. Opportunity exists for future rental growth in Unit 505 as leases turn over, with nearby 2-bedroom rentals commonly achieving higher rental rates. Many recent inspection-related repairs and major capital improvements have already been completed, making this a strong opportunity for investors seeking stable rental income with reduced near-term maintenance concerns.

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Detail Ic Property Details

Property Type : Residential Income

Price : $225,000

AD Id : 81593287

MLS Id : 226020714

Lot Size : 0.08 Acre

Year Built : 1928

County : Franklin

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Feature Features

  • Building Information

    Year Built: 1928 Private Pool: No

  • Lot Information

    Main Square Feet: 0.08 Lot Size Acres: 0.08 Lot Size Square Feet: 3484.8

  • Listing Price Information

    Listing Price: $225000

  • Tax Information

    Parcel Number: 010-067590 Tax Year: 2024 Annual Tax: $3199
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ByOwner last updated this listing 06/19/2026 @ 05:05

MLS: 226020714 LISTED BY: Remington Lyman, Reafco 614-636-2560 SOURCE: Columbus and Central Ohio Regional MLS

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