497 E 2nd Avenue, Columbus, OH 43201

$169,900 Asking Price

3 beds

1 bath

1,260 sqft

Built in 1920

Great value-add or redevelopment opportunity in the heart of Milo-Grogan, steps from Italian Village! This 3BD/1BA SFH has been rented consistently (most recently for $1050/mo + utilities) and is ready to be updated & rented at area market rates. Possible option to redevelop and build a new SFH on the site as recent new builds have closed as high as $884,000 (487 E 2nd Ave, just 2 parcels west). The property is located within the ''Ready for Opportunity'' Community Reinvestment Area, allowing a tax-abatement application to be submitted.

Listing Status:: Active
Date Added:: July 18, 2024 — 62 days ago
Listing Office:: Lim Realty Group, Jonathan Lorenz (614-517-4590)
Office Phone:: 614-456-7365
MLS ID:: 224024823

Features & Amenities

Interior

Basement:: Full
Fireplace:: Decorative, Fireplace

Exterior

Style:: 2 Story
Parking:: 2 Off Street

Construction

General:: Block

Location

Originating MLS:: Columbus and Central Ohio Regional MLS
School District:: COLUMBUS CSD 2503 FRA CO.
County:: Franklin

Lot

Zoning:: 010-035357

Utilities

Water:: Public Water
Sewer:: Public Sewer

Financial

Source:: Columbus and Central Ohio Regional MLS

This listing courtesy of:
Lim Realty Group, Jonathan Lorenz

About Columbus, OH

Housing

Number of Units: 406,577
Median Home Value: $206,567
Median Rent: $850

54.65% of housing units are renter occupied.

7.95% are vacant.

Commute

Car: 67.42%
Public Transportation: 2.54%
Walk to Work: 3.09%
Work from Home: 25.77%
Other: 0.71%

The median travel time to work is 17 minutes.

People

Population: 875,555
Median Age: 35.10
Median Household Size: 2.52

Education

High School: 25.27%
Associate’s Degree: 6.52%
Bachelor’s Degree: 24.40%
Graduate Degree: 14.75%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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497 E 2nd Avenue, Columbus, OH 43201

$169,900 Asking Price