$370,000
 $2,462 est/mo Sourced by Back At You

2407 Summit Street,Columbus, OH 43202

Columbus, OH 43202

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Description

Exceptional investment opportunity in the heart of the highly desirable Old North Columbus corridor, perfect for house hacking! Ideally located just minutes from The Ohio State University, Downtown Columbus, and the Short North Arts District, the property benefits from consistent rental demand driven by students, young professionals, and long-term residents seeking convenient access to major employment, dining, and entertainment hubs. The lower unit (Unit 2407) features 1 bedroom and 1 bathroom and is vacant, perfect for an immediate opportunity for an owner-occupant looking to house hack or an investor ready to reposition the unit and adjust the rent to full market value. The upper unit, unit 2407 1/2, features 4 bedrooms and 1 bathroom and is rented for $1,375 per month plus a $75 monthly water/sewer/trash fee through June 30, 2027, providing stable rental income. The property also features a detached garage, offering additional tenant convenience and potential added value. The property has also seen numerous capital improvements and cosmetic updates, including refinished hardwood floors (2025 - lower unit, 2022 - upper unit), new electrical panels for each unit (2022), detached garage rebuild (2021), fresh paint and updated fixtures (2021 - upper unit, 2025 - lower unit), updated vinyl windows (2020), roof replacement(2021), and a chain-link fenced backyard (2022). With its prime central location, strong rental demand, existing occupancy, and extensive recent improvements, this property offers an attractive opportunity for both investors and owner-occupants alike.

Details

MLS #226028656
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site24
Listing Provided ByForge Real Estate Advisors | Zeke Liston

Features

Units2

Taxes

Property5509

Area Information

StateOH
CountyFranklin
CityColumbus
Zip Code43202
School DistrictCOLUMBUS CSD 2503 FRA CO.
High SchoolCOLUMBUS CSD 2503 FRA CO.
Listing VS Median (in 43202)
Price:
$370,000
low | high
Med:
$379,950
47.310810810811% of Average
On site:
24
low | high
Med:
26.5
90.566037735849% of Average
Sourced by Back At You

Market Activity 43202

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Learn More About This Property

Tammy Marquardt

Tammy Marquardt

e-Merge Real Estate

2003020316 (614) 419-0611tammy.marquardt@e-merge.com
StateOH
CountyFranklin
CityColumbus
Zip Code43202
School DistrictCOLUMBUS CSD 2503 FRA CO.
High SchoolCOLUMBUS CSD 2503 FRA CO.
Listing VS Median (in 43202)
Price:
$370,000
low | high
Med:
$379,950
47.310810810811% of Average
On site:
24
low | high
Med:
26.5
90.566037735849% of Average
Sourced by Back At You
Listing Updated: August 10, 2026 at 11:16:23 AM PDT