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651 Southwood Ave, Columbus, OH 43207, USA

$145,000

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This 3-bed, 1-bath home sits on a 7,405 sqft lot and is a prime fix & flip or buy-and-hold investment in a strong rental market. Currently tenant-occupied at $1,300/mo, with the lease expiring on February 28. A cash-for-keys option may be possible to vacate at closing.
📊 Property Details:
3 Beds | 1 Bath
Lot Size: 7,405 sqft
Year Built: 1924
Roof: Unknown (May Need Replacement)
HVAC: Unknown (May Need Replacement)
Occupancy: Tenant Paying $1,300/mo (Lease Expires Feb 28)
HOA: None
Zillow Rent Estimate: $1,436/mo
🚧 Rehab Needed:
✔ Possibly needs roof, HVAC, furnace, kitchen, bath, flooring, and paint
📈 Comparable Sales:
📍 1213 Bruck St, Columbus, OH 43206 – Sold for $411,101 on 03/20/24 (Lot size smaller)
📍 514 Sheldon Ave, Columbus, OH 43207 – Sold for $290,000 on 06/05/24 (1 less bed, 1 more bath, smaller lot)
📍 517 E Moler St, Columbus, OH 43207 – Sold for $239,999 on 01/24/25 (1 less bed, .5 more bath, smaller lot)
📍 1217 Bruck St, Columbus, OH 43206 – Sold for $365,000 on 02/09/24 (3 beds, 1 bath, 1,314 sqft)
📍 327 E Moler St, Columbus, OH 43207 – Sold for $380,000 on 11/26/24 (3 beds, 1.5 baths, 1,192 sqft – 24 years older, .5 more bath, smaller house)
🚀 Great opportunity for a flip or rental in a high-demand Columbus neighborhood!

To submit an offer or schedule a showing, please contact the seller on the listing.

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