1352 S Ohio Ave · Columbus, OH 43206

$75,000

3 bd · 1.0 ba · 1,523 sqft · SingleFamily public records · 31 Days on market

Built 1938 5,227 sqft lot

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +8.1/30.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• DSCR +2.1/10.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

ONLINE AUCTION, the RESERVE (Minimum Bid) is $75,000. The auction ends at 7:00 PM, Thursday, May 21st, 2026. BUYERS MUST SIGN ACKNOWLEDGEMENT OF TERMS to bid. Agents, please see 'A2A'. This 3-bedroom, 1-bath home sits on approximately 0.12± acres. Built in 1938, the home offers approximately 1,523 square feet of living space. The property includes off-street parking located behind the home.

Key facts

• Off-street parking
• 5,227 sq ft lot
• Built 1938

Tags

• OFF-STREET PARKING

🔨 Auction listing. The $75,000 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $256,603 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $-255 ($-3k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 5.1% vs local median 3.8% in Columbus — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#97 in OH, #1,491 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, crime F.
• Columbus City School District (urban): math 15% / reading 26% proficiency, ranked #626 of 656 in OH (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.5%/yr); 193 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 8,139 units permitted in Franklin County in 2024 (5,940 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Franklin County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $11k; list at $75k implies a 582% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 4.3% of price; built in 1938 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $72,750 (3.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
3. Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.72% ✗
• Cap rate: 5.10%
• Cash-on-cash: -4.25%
• DSCR: 0.81
• GRM: 11.5

CMA / ARV

• ARV (median comp): $256,603
• List price: $75,000
• Delta: -70.77%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1343 Linwood Ave	0.28mi	3/1.5	1,520 (-0%)	0mo	$315,000	$207	84
1129 Oakwood Ave	0.37mi	3/2.5	1,540 (+1%)	2mo	$327,500	$213	74
760 Siebert St	0.40mi	3/1.0	1,596 (+5%)	2mo	$178,900	$112	72
605 Frebis Ave	0.43mi	3/2.5	1,459 (-4%)	1mo	$345,000	$236	66
601 Frebis Ave	0.43mi	3/2.5	1,459 (-4%)	2mo	$349,000	$239	66
792 Thurman Ave	0.18mi	3/1.5	1,307 (-14%)	1mo	$280,000	$214	65
1005 Studer Ave	0.67mi	3/2.5	1,544 (+1%)	2mo	$272,900	$177	59
1742 Oakwood Ave	0.55mi	4/2.0 (+1)	1,659 (+9%)	1mo	$255,000	$154	49
1532 Parsons Ave	0.71mi	2/1.5 (-1)	1,402 (-8%)	1mo	$185,500	$132	46
674 Stanley Ave	0.65mi	3/1.5	1,315 (-14%)	2mo	$324,900	$247	44
1079 Ellsworth Ave	0.75mi	4/1.0 (+1)	1,336 (-12%)	1mo	$82,500	$62	39
935 S Ohio Ave	0.60mi	4/2.5 (+1)	1,735 (+14%)	1mo	$330,000	$190	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.51% rent growth · sell at horizon

5-year hold

• IRR: -22.9%
• Equity multiple: 0.21×
• Total profit: $-56,848
• Equity at exit: $38,260

10-year hold

• IRR: -16.2%
• Equity multiple: 0.08×
• Total profit: $-66,425
• Equity at exit: $22,186

Cash invested: $71,849 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 43206

• Rents YoY: 3.5%
• Active inventory: 193
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,860 high
• Mortgage (P&I): −$1,346
• Tax from tax record: −$271 /mo · $3,256/yr
• Insurance: −$107
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $-255

Break-even live

Break-even rent $2,182

Max offer price $211,604

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $64,151
• Closing costs: $7,698
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1416 S Ohio Ave Columbus, OH	3.0	1.5	1056	$1,595	$1.51	21d	1	0.09mi
1239-1241 S Champion Ave Columbus, OH	3.0	1.0	1134	$1,275	$1.12	15d	1	0.19mi
1227 S Champion Ave Unit 1227 Columbus, OH	3.0	1.0	1110	$1,195	$1.08	3d	1	0.21mi
1225 S Champion Ave Unit 1225 Columbus, OH	3.0	1.0	1110	$1,095	$0.99	3d	1	0.21mi
1288 Linwood Ave Columbus, OH	3.0	1.0	1344	$1,900	$1.41	43d	1	0.34mi
1118 S Ohio Ave Columbus, OH	3.0	1.5	1232	$1,750	$1.42	43d	1	0.36mi
761 Siebert St Columbus, OH	2.0	2.0	1050	$2,350	$2.24	3d	1	0.40mi
573 E Mithoff St Columbus, OH	3.0	1.5	1300	$2,100	$1.62	43d	1	0.45mi
662 Southwood Ave Columbus, OH	3.0	2.0	1183	$1,950	$1.65	19d	1	0.46mi
880 E Whittier St Columbus, OH	2.0	1.5	1064	$1,100	$1.03	43d	1	0.47mi
850 E Whittier St Columbus, OH	3.0	2.0	1200	$1,949	$1.62	23d	1	0.49mi
530 Hanford St Unit 1496117P Columbus, OH	4.0	3.0	1862	$7,310	$3.93	1d	1	0.49mi
1056 Wilson Ave Unit A Columbus, OH	2.0	1.0	1100	$1,225	$1.11	43d	1	0.53mi
1056 Wilson Ave Unit B Columbus, OH	2.0	1.0	1100	$1,195	$1.09	17d	1	0.53mi
1165-1167 E Whittier St Columbus, OH	3.0	1.5	1300	$1,950	$1.50	43d	1	0.55mi
1167 E Whittier St Columbus, OH	3.0	1.5	1300	$1,950	$1.50	43d	1	0.55mi
977 S Ohio Ave Columbus, OH	3.0	2.5	1650	$2,500	$1.52	43d	1	0.55mi
997 Oakwood Ave Columbus, OH	3.0	1.5	1260	$1,800	$1.43	12d	1	0.56mi
963 S 22nd St Columbus, OH	3.0	2.0	1188	$3,200	$2.69	7d	1	0.56mi
506 Thurman Ave Columbus, OH	3.0	1.0	1500	$1,600	$1.07	1d	1	0.57mi
966 S 18th St Columbus, OH	3.0	1.5	1428	$2,400	$1.68	43d	1	0.60mi
936 Wagner St Columbus, OH	3.0	3.0	1560	$2,750	$1.76	23d	1	0.60mi
490-492 E Jenkins Ave Unit 490 Columbus, OH	3.0	1.0	1050	$1,325	$1.26	43d	1	0.63mi
928 S 18th St Columbus, OH	3.0	2.0	1216	$1,995	$1.64	43d	1	0.65mi
476 Southwood Ave Columbus, OH	2.0	1.0	1219	$1,400	$1.15	43d	1	0.67mi
988 Linwood Ave Columbus, OH	4.0	3.0	1800	$2,750	$1.53	17d	1	0.67mi
1061 Parsons Ave Columbus, OH	2.0	2.0	1408	$1,950	$1.38	43d	1	0.69mi
630 Stanley Ave Columbus, OH	3.0	1.0	1300	$1,949	$1.50	23d	1	0.70mi
877 Heyl Ave Columbus, OH	2.0	1.0	1200	$1,750	$1.46	43d	1	0.71mi
396 E Mithoff St Columbus, OH	3.0	1.5	1380	$2,295	$1.66	10d	1	0.71mi
1836 Lockbourne Rd Columbus, OH	2.0–3.0	1.0–1.5	997	$1,059	$1.06	2d	4	0.72mi
705 E Columbus St Columbus, OH	3.0	1.0	1436	$2,300	$1.60	43d	1	0.73mi
1275-1279 E Kossuth St Columbus, OH	2.0	2.0	1160	$1,350	$1.16	43d	1	0.73mi
529 E Morrill Ave Columbus, OH	3.0	1.0	1318	$1,600	$1.21	3d	1	0.74mi
932 Linwood Ave Columbus, OH	4.0	1.5	1663	$2,045	$1.23	43d	1	0.74mi
1106 Ellsworth Ave Columbus, OH	3.0	1.0	1150	$1,495	$1.30	7d	1	0.75mi
357 Frebis Ave #5 Columbus, OH	3.0	3.5	1748	$2,750	$1.57	43d	1	0.77mi
357 Frebis Ave #6 Columbus, OH	3.0	3.5	2160	$2,950	$1.37	43d	1	0.77mi
461-463 Reinhard Ave Columbus, OH	3.0	1.0	1134	$1,450	$1.28	2d	1	0.78mi
461-463 Reinhard Ave Unit 461 Columbus, OH	3.0	1.0	1134	$1,450	$1.28	2d	1	0.78mi

Listing history 14 events

1. 2026-04-21
   listed $75,000 Active 402-char remark

   Show marketing remark (402 chars)

   ONLINE AUCTION, the RESERVE (Minimum Bid) is $75,000. The auction ends at 7:00 PM, Thursday, May 21st, 2026. BUYERS MUST SIGN ACKNOWLEDGEMENT OF TERMS to bid. Agents, please see 'A2A'. This 3-bedroom, 1-bath home sits on approximately 0.12± acres. Built in 1938, the home offers approximately 1,523 square feet of living space. The property includes off-street parking located behind the home.

2. 2010-09-19
   historical
3. 2010-05-25
   listed $68,730
4. 2010-01-30
   soldstatus $11,000
5. 2010-01-07
   historical
6. 2009-12-14
   listed $13,000
7. 2006-03-22
   soldstatus $85,000
8. 2005-12-28
   soldstatus $36,000
9. 2005-12-20
   soldstatus $36,000
10. 2005-12-06
    historical
11. 2005-11-09
    listed $45,150
12. 2005-01-08
    historical
13. 2004-10-07
    listed $58,000
14. 1989-02-03
    soldstatus $37,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $3,256 · $271/mo
• Projected year-2 tax: $3,256 · $271/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,317
• − Mortgage interest: −$14,374
• − Property taxes: −$3,256
• − Insurance: −$1,283
• − Repairs & maintenance: −$1,785
• − Management: −$1,785
• − Depreciation: −$7,465
• Taxable loss: −$7,632
• Est. tax savings @ 24.0%: +$1,832
• After-tax cash flow: $-1,225/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Columbus City School District
• NCES district ID: 3904380
• Math proficiency: 15% ▼ -17.00%
• Reading proficiency: 26% ▼ -12.00%
• Median HH income: $38,483
• Composite: 17.19/100
• National rank: #9105
• State rank: #626 of 656 in OH

Livability — Columbus

• Score: 81/100
• State rank: #97
• US rank: #1491

Category grades

Amenities A- Commute A+ Cost of living A+ Crime F Employment C- Housing A+ Health & safety A- User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Columbus, OH
• County: Franklin County · 1,351,780 people
• City population: 612,189
• Metro: Columbus, OH
• Population (ZIP): 21,996
• Household income: $75,806
• Rent vs Own: 51.3% rent · 48.7% own
• Severe rent burden: 846.0

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 1,456,139 people
• By 2030: 1,556,890 · +6.9%
• By 2040: 1,757,349 · +20.7%
• By 2050: 1,950,539 · +34.0%
• By 2075: 2,376,171 · +63.2%
• By 2100: 2,636,796 · +81.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 56% Black 31% Two or more races 9% Hispanic / Latino 4% Asian 1% Native American 1%
• Common ancestry: Romanian 3% Slovak 2% Lithuanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Franklin

• 2024 margin: Strong D (+28.4) · D 63.7% · R 35.3% · Other 1.0%
• 2008→2024 swing: +7.7pp toward D · 2008: 20.7pp · 2024: 28.4pp
• All cycles: 2024: D+28.4 2020: D+31.4 2016: D+25.9 2012: D+21.7 2008: D+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -576.73%
• Current HPI: 173.8569
• Rent YoY: ▲ 3.51%
• Metro: Columbus, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+97.9% since first listed

14 events — show timeline

• 2026-04-21 Listed $75,000 CBRMLS
• 2010-09-19 Listing Removed — CBRMLS
• 2010-05-25 Listed $68,730 CBRMLS
• 2010-01-30 Sold (MLS) $11,000 CBRMLS
• 2010-01-07 Listing Removed — CBRMLS
• 2009-12-14 Listed $13,000 CBRMLS
• 2006-03-22 Sold (Public Records) $85,000 Public Records
• 2005-12-28 Sold (Public Records) $36,000 Public Records
• 2005-12-20 Sold (MLS) $36,000 CBRMLS
• 2005-12-06 Listing Removed — CBRMLS
• 2005-11-09 Listed $45,150 CBRMLS
• 2005-01-08 Listing Removed — CBRMLS
• 2004-10-07 Listed $58,000 CBRMLS
• 1989-02-03 Sold (Public Records) $37,900 Public Records

Property tax history

+11.1%/yr

Latest (2024): $3,256 · -1.4% YoY. Source: county tax records.