Investor Opportunity – Duplex with Section 8 Income, Rent Upside & Portfolio Expansion Potential $185,000 Well-maintained duplex offering immediate cash flow with a combination of government-backed income and significant rental upside. This property is ideal for investors seeking stability today with the opportunity to increase returns over time.… Read More Unit A is currently rented at $600/month through the Section 8 program, with a lease in place through September 2026, providing reliable and consistent income. This unit also features an HVAC system replaced in 2024, reducing near-term maintenance concerns. Unit B is rented at $575/month with a lease in place through April 2026, offering additional income with an earlier opportunity to adjust rents to market levels. Total current rental income: $1,175/month Both units are currently well below market rent, with projected rental rates estimated in the $850–$950/month range per unit, creating a strong value-add opportunity for investors looking to increase cash flow. Highlights: Total current rental income of $1,175/month Section 8 income in place (Unit A) Lease terms through April & September 2026 HVAC replaced in 2024 (Unit A) Significant below-market rents with upside potential Stable, income-producing investment This property can be purchased individually or as part of a larger portfolio, including multiple duplexes and quadplexes—ideal for investors looking to scale quickly with income-producing assets. Contact agent for full portfolio details. Read Less
Courtesy of Michael Terrell, Keller Williams Realty River Cities 706-221-6900
Listing Snapshot
Days Online
14
Last Updated
Property Type
Duplex
Beds
4
Square Ft.
1,648
Lot Size
0.24 Acres
Year Built
1995
MLS Number
231352
30 Days Snapshot Of 36867
$161k
-43%
(avg) sold price
11
+22%
homes sold
71
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1995, Living area: 1,648, Building area total: 1,648, Construction materials: "Brick"
Heating
"Electric"
Lot
0.24 acres, 10,454 square feet, "Less than 1/2 Acre", "Level"
Parking
2 total parkings, "One per Unit"
Security Features
"None"
Sewer
"Public Sewer"
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Information herein is deemed reliable but not guaranteed and 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.
Source: Columbus Board of REALTORS
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