Excellent opportunity for a 2-unit income producing property. This conversion two unit home was updated with a new roof and siding in 2025. Lower unit is a 1 bed/1 bath unit that retains much of the original early 1900's character and has basement access which includes a washer & dryer. The upper unit is a 2 bed/1 bath unit with an entrance from the side building. Upper unit is vacant and ready for you to select your next tenant. Parking in the rear off the alley. Tenants pay gas & electric. Landlord pays water & sewer. Centrally located with easy access to all parts of town. Photos show the interior of the vacant upper unit. Interior photos of the lower unit not included for the privacy of the tenants.
This historic 5-unit multifamily property (5-plex) offers a strong income-producing opportunity for both new and experienced investors. The property features a mix of units, each with functional layouts, separate utilities, and consistent rental demand. Each unit includes comfortable living areas, bedrooms, and practical kitchen spaces, making it attractive to long-term tenants. The building has been maintained with attention to key systems, helping reduce immediate capital expenditures. Situated in a desirable downtown location with convenient access to shopping, dining, schools, and major roadways. The location and rental growth potential makes this a desirable property to add to your portfolio!
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Columbus is located in Indiana. Columbus, Indiana has a population of 50,718. Columbus is more family-centric than the surrounding county with 36% of the households containing married families with children. The county average for households married with children is 32.57%.
The median household income in Columbus, Indiana is $72,380. The median household income for the surrounding county is $71,183 compared to the national median of $69,021. The median age of people living in Columbus is 35.7 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 46.5 inches per year, with 15 inches of snow per year.
