About This Home

This 6-bedroom, 0-bathroom multi-family at 1878 Eddystone Avenue #A-B-C in Columbus, OH is listed for $399,000. Built in 1964, on a 0.16 acres lot.

Key Features

  • Built in 1964
  • 0.16 acre lot

Property Details

#A-B-C
1964

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$2,134/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116

Estimates only. Actual payments may vary.

Location

1878 Eddystone Avenue #A-B-C

Columbus, OH 43224

Clevelawn

Property Details

Heating

Forced Air

Questions & Answers

This 6-bedroom, 0-bathroom multi-family at 1878 Eddystone Avenue is listed at $399,000. The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.16 acre lot.

This property is listed by Jerry R Auger.

JA

Jerry R Auger

Agent at Key Realty, Ltd.

Listed by Key Realty, Ltd. · Broker phone: (419) 351-2813 · View on Broker Site

MLS# 226022353· Source: Columbus and Central Ohio Multiple Listing Service· 135 days on PropertySimple

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1878 Eddystone Avenue #A-B-C, Columbus, OH 43224

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