1230 Gilbert StreetColumbus, OH 43206

1230 Gilbert StreetColumbus, OH 43206

1/35 Fullscreen
$240,000 Active
Multi Unit - Multiple MLS 226005936

Listed By

Agency Name: Redfin Corporation
Agency Phone: 216-539-3768
Agent Name: Danielle Shields

Shown By

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

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Property Description

This duplex offers a rare opportunity for both owner-occupants and investors to step into immediate value with built-in upside. Each unit features 2 bedrooms and 1 full bath, providing flexible living options--live in one side and rent the other, or add a strong performer to your portfolio.Unit 1232 is fully rent-ready, while 1230 needs minor finishing work in the bathroom (drywall and tile repair from a prior leak), creating an opportunity to customize and build equity quickly. Once completed, the property is well-positioned to exceed its prior 2025 appraised value of $261,000.The current pricing reflects these remaining updates, offering buyers the chance to walk into equity from day one. With repairs completed, the property has strong rental potential that can meet--and likely exceed--the 1% rule, making it equally appealing as a long-term investment.Located just minutes from Nationwide Children's Hospital and near German Village shops, dining, and downtown Columbus, this location supports both strong rental demand and everyday livability.Whether you're looking to offset your mortgage with rental income or expand your portfolio with a high-potential property, this is a smart, flexible opportunity in a prime location.

1230 Gilbert Street, Unit 2 | MLS# 226005936

This multi-family property located at 1230 Gilbert Street, Unit 2, Columbus, OH 43206 is currently listed for sale with an asking price of $240,000. Gilbert Street, Unit 2 is located within the COLUMBUS CITY school district. Search Columbus real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 62
Heating: Forced Air
Lot Size: 0.09 Acres
Taxes: $5,205
Year Built: 1930

Feature Descriptions

Parcel #: 010-017176
Utilities: Water Available, Natural Gas Available, Electricity Available

Local Schools

School District: COLUMBUS CITY

Demographics

Franklin County Demographic Information for 1230 Gilbert Street, Unit 2, 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

$ 1,723.64 per month $1,219.89 Principal & Interest $433.75 Property Tax $70.00 Homeowner's Insurance

Change Payment Information

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