1878 Eddystone Avenue, a-b-c, Columbus, OH 43224
- 0.16 acres
- Built 1964
About this home
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.
Key facts
- Status
- Active
- Type
- Apartment
- Days on market
- 42
- Property taxes
- about $3,176/yr
- Subdivision
- Clevelawn
- County
- Franklin
- MLS #
- 226022353
- Listing brokerage
- Key Realty
- Listing agent
- Jerry R Auger
- Listing brokerage contact
- 877-539-7589
Price reduced 4% from $415,000 on August 10.
Lot and parking
- Lot size
- 0.16 acres
- Lot square feet
- 6,969
Systems and utilities
- Heating
- Forced Air
- Utilities
- Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
- Sewer
- Public Sewer
- Water
- Public
Taxes and HOA
- Property taxes
- about $3,176 a year
- Tax year
- 2024
- Parcel number
- 010-081088
Schools
- District
- Columbus CSD
Sale terms
- Financing accepted
- Conventional
Around it
School district: COLUMBUS CSD 2503 FRA CO. schools, every home for sale. ZIP 43224: 85 homes for sale · sold prices. Franklin County: 3168 homes for sale · county sold data. Town: everything for sale in Columbus · Columbus sold prices and days on market.
Is it priced right?
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Everything for sale in Columbus · what Columbus homes actually sold for
Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 19, 2026, 6:08 PM.