2/1230 Gilbert St

Columbus OH 43206

3920.4 sq. ft.

Duplex

Last sold for $255,000

Overview

This duplex offers a rare opportunity for both owner-occupants and investors to step into immediate value with built-in upside. Each unit features 2 bedrooms and 1 full bath, providing flexible living options--live in one side and rent the other, or add a strong performer to your portfolio. Unit 1232 is fully rent-ready, while 1230 needs minor finishing work in the bathroom (drywall and tile repair from a prior leak), creating an opportunity to customize and build equity quickly. Once completed, the property is well-positioned to exceed its prior 2025 appraised value of $261,000. The current pricing reflects these remaining updates, offering buyers the chance to walk into equity from day one. With repairs completed, the property has strong rental potential that can meet--and likely exceed--the 1% rule, making it equally appealing as a long-term investment. Located just minutes from Nationwide Children's Hospital and near German Village shops, dining, and downtown Columbus, this location supports both strong rental demand and everyday livability. Whether you're looking to offset your mortgage with rental income or expand your portfolio with a high-potential property, this is a smart, flexible opportunity in a prime location.

Features

3920.4 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Columbus over the last 12 months, the estimated median property value of 2/1230 Gilbert St is $341k.

Median value

$341k

Estimated value range

$150k - $875k

Median days on market

Estimated value trend

-10%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Columbus. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.