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Sold for $650,000
  • Zillow Home logoZestimate®
    $650,000

    389 Berkeley Rd #391, Columbus, OH 43205

    --beds
    0baths
    --sqft
    Duplex
    Built in 1916
    -- sqft lot
    $650,000 Zestimate®
    $--/sqft
    $1,527 Estimated rent

    Home value

    $650,000

    $618,000 - $683,000

    $1,527/mo

    Zestimate® history
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    What's special

    Fresh paintRenovated interiors
    Turnkey 2-unit investment property in Olde Towne East, Columbus, Ohio, with a partial 15-year CRA tax abatement active through March 2036. Both sides feature identical 3-bedroom, 1.5-bathroom layouts with renovated interiors, fresh paint, and separately metered utilities paid by tenants. Each unit offers hardwood floors throughout the first floor, a renovated kitchen with quartz countertops and stainless steel appliances, and a flexible first-floor bonus room that works as a dining room or home office. Three second-floor bedrooms share a full bathroom with upgraded finishes, and in-unit washer and dryer are included in both units. Unit 391 includes a large fenced backyard with a patio. The property has a full basement for storage and utility access. Roof, HVAC, and major mechanical systems were updated in 2021. Separate gas, electric, tenants pay all utilities. Gross scheduled rent is $50,340 annually ($4,195/month combined). Current property taxes are $3,729.54 under the active CRA abatement. Projected net operating income is approximately $45,110, producing an approximate 6.9% cap rate at the list price. Located in Olde Towne East, minutes from Downtown Columbus, Bexley, Capital University, and Nationwide Children's Hospital. Franklin Park Conservatory, the Trolley District, and East Market are nearby. Olde Towne East is one of Columbus's historic near-east neighborhoods with ongoing investment activity and consistent rental demand. A turnkey Olde Towne East duplex with a long-term tax abatement, updated systems, and tenant-paid utilities -- positioned for an investor or an owner-occupant house-hack buyer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew D Cochrell 614-296-3100,

    MDC Realty Limited

    Bought with:

    Amy T Long, 2026000434

    MDC Realty Limited

    Source: Columbus and Central Ohio Regional MLS ,MLS#: 226032253MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air, Hot Water
    Cooling
    • Central Air

    Property

    Lot
    • Size: 3,484 Square Feet
    Details
    • Parcel number: 010096197
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • Year built: 1916
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Columbus

    Financial & listing details

    • Annual tax amount: $3,730
    • Date on market: 8/25/2026
    • Listing terms: Conventional

    Price history

    DateEventPrice
    9/29/2026Sold$650,000-0.6%
    Source: Columbus and Central Ohio Regional MLS #226032253 Report a problem
    8/28/2026Contingent$654,000
    Source: Columbus and Central Ohio Regional MLS #226032253 Report a problem
    8/25/2026Listed for sale$654,000
    Source: Columbus and Central Ohio Regional MLS #226032253 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Franklin Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $650,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $650,000