1025-1027 Lockbourne RoadColumbus, OH 43206

1025-1027 Lockbourne RoadColumbus, OH 43206

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$249,000 Contingent
Multi Unit - Multiple MLS 226027088 New to the Market Contingent

Listed By

Agency Name: Red 1 Realty
Agent Name: Zeke Liston
Agency Phone: 614-585-9020

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Prime investment opportunity just steps from Nationwide Children's Hospital! Located adjacent to Roosevelt Park, this massive brick duplex offers exceptional cash flow, value-add potential, and a premier location. Unit 1025 features a spacious 3-bedroom, 1-bath layout currently leased at $1,300/month, while Unit 1027 offers a large 4-bedroom, 1-bath layout leased through 7/31/2026 at $1,100/month, providing immediate upside with below-market rent. With all utilities paid by the tenants, this property is ideal for investors seeking a low-maintenance asset or owner-occupants looking to house hack when the current lease expires. The property features covered front porches, full basements, off-street parking, and fully fenced, separate backyards with an additional private side yard. Recent capital improvements include a new roof (2018), extensive roof maintenance and sealing (2026), replacement of one long run of gutters along with maintenance of the remaining gutters (2026), basement sealing and fresh paint (2026), a new water heater in unit 1025 (2025) and new furnace in unit 1025 (2026), freshly painted porches and exterior trim (2025), and updated kitchens in both units (2022 in Unit 1025 and 2025 in Unit 1027). Conveniently located within walking distance of Nationwide Children's Hospital and just minutes from Downtown Columbus and Franklin Park Conservatory, this is a rare opportunity to acquire a high-quality duplex with strong in-place income, future rental upside, and long-term appreciation potential.

1025-1027 Lockbourne Road | MLS# 226027088

This multi-family property located at 1025-1027 Lockbourne Road, Columbus, OH 43206 is currently listed for sale with an asking price of $249,000. 1025-1027 Lockbourne Road is located within the COLUMBUS CITY school district. Search Columbus real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Days on Market: 4
Heating: Forced Air
Lot Size: 0.20 Acres
Taxes: $3,620
Year Built: 1925

Feature Descriptions

Parcel #: 010-016048
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Local Schools

School District: COLUMBUS CITY

Demographics

Franklin County Demographic Information for 1025-1027 Lockbourne Road, Columbus, OH 43206
Fips
Fips Code 39049
Population
2020 to 2025 Change up 2.9%
2010 Count 1,163,414
2020 Count 1,323,807
2025 Estimate (V2025) 1,361,536
2020 Estimate (V2025) 1,323,810
Age Distribution (Years Old)
0 to 4 6.3%
5 to 17 23.0%
18 to 64 57.0%
65 and Older 13.7%
Gender
Male 49.1%
Female 50.9%
Place of Birth
Foreign 13.0%
US 87.0%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 42.1%
Computer and Internet use
Households with a computer 97.1%
Households with a broadband Internet subscription 94.1%
Language
English is Second Language, Age 5+ 16.7%
English is First Language, Age 5+ 83.3%
Veterans
Veterans 52,088
Income
Per Capita Income $43,731
Median Household Income $75,176
People in Poverty 13.9%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 594,813
Households 553,099
Average Household Size 2.36
Owner-Occupied 52.8%
Multi-Family 36.6%
Owner-Occupied Median Value $288,400
Median selected monthly owner costs -with a mortgage $1,781
Median selected monthly owner costs -without a mortgage $748
Median gross rent $1,302
Building Permits
New Private Housing Issued 2024 8,122
Years at Residence
1 Year or More 83.1%
Less Than 1 Year 16.9%
Business and Employment
Private non-farm Establishments 30,700
Private non-farm Employment 695,387
Private non-farm Employment Growth up 0.4%
Nonemployer Establishments 125,504
Number of Firms 21,489
Business Production
Value of Shipments $13,796,060,000
Wholesale Trade $32,205,012,000
Retail Trade $25,665,382,000
Retail Sales Per Capita $17,887
Accommodation and Food Services $3,728,293,000
Land
Land Area 532.19 sq. miles
Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,649.79 per month $1,275.50 Principal & Interest $301.67 Property Tax $72.63 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage