1157-59 E AtchesonColumbus, OH 43203

1157-59 E AtchesonColumbus, OH 43203

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$400,775 Active
Multi Unit - Multiple MLS 225045583

Listed By

Agency Name: e-Merge Real Estate
Agency Phone: 614-678-5505
Agent Name: Fredrika P Kagai

Shown By

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

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Property Description

Discover a wonderful investment opportunity in the Hildreth subdivision on Columbus' Near East Side. 1157-1159 E Atcheson Street offers a solid, well-maintained brick duplex with long-term potential and the advantage of qualifying for a 15-Year Tax Abatement???a valuable benefit in a growing area. This location places you minutes from Downtown, the East Market/Trolley District, Franklin Park, Olde Towne East, and Bexley, making it highly appealing for future tenants and long-term rental stability.Each side of this duplex features a comfortable and practical layout with 2 bedrooms, 1 full bath upstairs, and a half bath on the main level. The units include bright living spaces, dining areas, and user-friendly kitchens that make daily living feel open and functional. Updates throughout the property provide a fresh interior while keeping maintenance manageable for investors.One unit is currently tenant-occupied, allowing you to step into immediate income, while the other unit offers flexibility???ideal for leasing, refreshing for increased rental value, or setting up a long-term portfolio strategy. The exterior presents well, and the surrounding neighborhood continues to experience steady revitalization, improving both demand and future appreciation potential.Whether you're expanding your rental portfolio or looking for a property with dependable returns and long-term upside, this duplex stands out for its location, functionality, and incentive eligibility.Showings: Please do not disturb tenants. One side is vacant and available to view. Access to the occupied unit will be scheduled after an accepted offer. See A2A for instructions.A straightforward, income-generating property with room to grow???right where Columbus continues to evolve.

1157-59 E Atcheson | MLS# 225045583

This multi-family property located at 1157-59 E Atcheson, Columbus, OH 43203 is currently listed for sale with an asking price of $400,775. 1157-59 E Atcheson is located within the COLUMBUS CITY school district. Search Columbus real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Days on Market: 90
Heating: Forced Air, Hot Water
Lot Size: 0.09 Acres
Taxes: $4,250
Year Built: 1900

Feature Descriptions

Parcel #: 010-034666

Local Schools

School District: COLUMBUS CITY

Demographics

Franklin County Demographic Information for 1157-59 E Atcheson, Columbus, OH 43203
Fips
Fips Code 39049
Population
2020 to 2023 Change up 0.2%
2010 Count 1,163,414
2020 Count 1,323,807
2023 Estimate (V2023) 1,326,063
2020 Estimate (V2023) 1,323,810
Age Distribution (Years Old)
0 to 4 6.5%
5 to 17 22.9%
18 to 64 57.4%
65 and Older 13.2%
Gender
Male 49.2%
Female 50.8%
Place of Birth
Foreign 12.0%
US 88.0%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 41.7%
Computer and Internet use
Households with a computer 95.9%
Households with a broadband Internet subscription 92.1%
Language
English is Second Language, Age 5+ 14.9%
English is First Language, Age 5+ 85.1%
Veterans
Veterans 56,845
Income
Per Capita Income $41,148
Median Household Income $71,070
People in Poverty 15.1%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 594,813
Households 542,366
Average Household Size 2.38
Owner-Occupied 53.5%
Multi-Family 36.6%
Owner-Occupied Median Value $243,100
Median selected monthly owner costs -with a mortgage $1,667
Median selected monthly owner costs -without a mortgage $685
Median gross rent $1,169
Building Permits
New Private Housing Issued 2023 7,303
Years at Residence
1 Year or More 82.6%
Less Than 1 Year 17.4%
Business and Employment
Private non-farm Establishments 30,187
Private non-farm Employment 642,630
Private non-farm Employment Growth up 0.4%
Nonemployer Establishments 117,491
Number of Firms 107,363
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

$ 2,426.44 per month $1,955.38 Principal & Interest $354.17 Property Tax $116.89 Homeowner's Insurance

Change Payment Information

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