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Price Drop: $16K (09/29)
Street View
$399,000
Monthly Est:$1,986
-- Bed
-- Bath
--sqft
1878 Eddystone Ave #a-b-c, Columbus, OH 43224
$399,000
$1,986/moEst:
Get Pre-Approved
Apartment
Built in 1964
$-- HOA
6,969.6 sqft lot
--/sqft
Description
INVESTOR OPPORTUNITY -Per the sellers: 8.25%+ CAP RATE! Add a turnkey, income-producing asset to your portfolio with this updated all-brick, 3-unit multifamily property in Columbus. All three units are rent-ready/turnkey and generate $3,150 per month in combined rental income, providing attractive cash flow from day one.
The property features two 2-bedroom over/under flats (Units A & B) plus a 2-bedroom townhouse (Unit C), offering a desirable and diversified unit mix. Recent tasteful updates enhance tenant appeal while the durable all-brick construction supports long-term ownership. A newer privacy fence creates attractive, private outdoor space for residents.
With a cap rate exceeding 8.25%, strong existing rental income, and a convenient location just minutes from Downtown Columbus, The Ohio State University, Clintonville, Easton, and major employment, shopping, dining, and entertainment destinations, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term upside.
Turnkey. Cash-flowing. 8.25%+ cap rate. Three units. One investment opportunity.
- Houzeo last checked: 13 minutes ago
- Listing updated: October 6, 2026 at 10:46 am
- Listing Provided by: Jerry R Auger (614) 203-5318 | Key Realty (877) 539-7589
- Source: Columbus and Central Ohio Regional MLS-OH | MLS#: 226022353
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1964
HOA Fees
-
Finished Area
- sqft
Lot Size
6,969.6 sqft lot
Basement Area
- sqft
MLS Name
Columbus and Central Ohio Regional MLS
MLS Number
226022353
MLS Status
Active
Days on Market
10
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Heating
Forced Air
Utilities & Energy
Utilities
Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
Water Source
Public
Other Features
Subdivision Name
Clevelawn
Price History
| Date | Event | Price |
|---|---|---|
09/29/2026 Source: | Listed for Sale | $399,000 $0/sqft |
08/10/2026 Source: | Contingent (Active Under Contract) | $399,000 -3.86% $0/sqft |
06/24/2026 Source: | Listed for Sale | $415,000 $0/sqft |
06/20/2026 Source: | Contingent (Active Under Contract) | $415,000 $0/sqft |
North Linden Ranks #186 in Columbus, OH
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Based on information from the Columbus Association of REALTORS (alternatively, from Multiple Listing Service of the Columbus Association of Realtors, Inc.) through Oct 09, 2026, 11:15AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of property information; such should be independently verified. Columbus Association of REALTORS expressly disclaims any liability in connection therewith. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Copyright Columbus Association of REALTORS. All rights reserved.
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