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About This Home

This 8-bedroom, 0-bathroom townhouse at 1048 E 20th Avenue in Columbus, OH is listed for $350,000. Built in 1940, on a 0.22 acres lot.

Agent Description

One of the few multifamily properties currently available in the Linden area, this is a rare opportunity to acquire a cash-flowing asset with significant potential for value creation. This brick 4-unit multifamily property features four 2-bedroom, 1-bath townhouse-style units, each with a private basement.

Three of the four units are currently occupied, providing immediate rental income, while the vacant fourth unit offers significant value-add potential. The occupied units have been updated with replacement windows, furnaces, and kitchen improvements. Unit 1048 is leased month-to-month at $900 per month.

Unit 1050 is leased through December 2026 at $800 per month. Unit 1052 is leased through May 2027 at $950 per month. Unit 1054 is currently vacant and requires a full renovation. The vacant unit presents an excellent opportunity for an owner-occupant looking to build equity through renovation or for an investor seeking to increase cash flow.

Professionally managed, the property offers stable tenancy with additional upside through renovation and future rent growth. The vacant unit is easy to show. Occupied units may be viewed after an accepted contract, contingent upon inspection. BEING SOLD AS IS.

Key Features

  • Built in 1940
  • 0.22 acre lot

Property Details

1940

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

1048 E 20th Avenue

Columbus, OH 43211

Property Details

Heating

Forced Air

Questions & Answers

This 8-bedroom, 0-bathroom townhouse at 1048 E 20th Avenue is listed at $350,000. The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.22 acre lot.

This property is listed by Cheryl D Morgan and can be reached at 6145814057 or cheryl@heartandhomeohio.com.

CM

Cheryl D Morgan

Agent at Heart & HomePropertyManagement

(614) 581-4057

Listed by Heart & HomePropertyManagement · View on Broker Site

MLS# 226021702· Source: listhub· Updated 11 days ago

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1048 E 20th Avenue, Columbus, OH 43211

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