Browse All Columbus IN Multi-Family Properties for Sale

Discover a unique opportunity at 739 Maple ST, COLUMBUS, IN. This 1905 duplex, spanning 2296 square feet of living space, offers a distinctive character and a generous 6000 square foot lot. It presents a rare chance to embrace a piece of history with significant potential. This property, with its 1.5 stories, provides an intriguing layout ready for your vision. The structure itself speaks to a bygone era, offering a foundation for modern living while retaining its original charm. Imagine the possibilities within this substantial duplex, where classic architecture meets contemporary aspirations.

739 Maple Street, Columbus

$225,000

22102744 MLS

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.

713 Reed Street, Columbus

$399,900

22095668 MLS

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!

929 Franklin Street, Columbus

$308,000

22097138 MLS

Attention investors! This brick duplex on Camelot is now available! Not often available. A fully rented duplex in Crump Estates!

3720 Camelot Lane, Columbus

$239,900

22092078 MLS

Turn-Key Duplex Opportunity with Value-Add Potential in Columbus! Welcome to 303 & 305 Hope Avenue-an exceptional investment opportunity featuring a separately metered duplex plus a detached, separately metered garage with the potential to be converted into a third income-producing unit. Whether you're an investor looking to maximize returns or a buyer seeking a house-hack opportunity, this property checks all the boxes. Both units are currently vacant, giving you the flexibility to place your own tenants at market rents or live in one side while generating income from the other. Unit 305 offers a 1 bedroom, 1 bathroom layout with a full unfinished basement, while Unit 303 features 2 bedrooms, 1 bathroom and its own full unfinished basement-ideal for additional storage or future expansion. Previously unit 305 rented for $1,012/month while unit 303 rented for $1,112/month, plus an additional $100/month for the garage, this property offers immediate income potential. Tenants pay all utilities, keeping operating expenses low and maximizing your cash flow. The detached garage presents a unique value-add opportunity-finish it out as a third unit to significantly boost rental income and overall property value. With ample off-street parking and a convenient Columbus location close to shopping, dining, and amenities, this is a rare find with multiple income streams. Whether you're building your portfolio or looking to offset your monthly expenses, this turn-key duplex with upside potential is one you won't want to miss!

303 Hope Avenue, Columbus

$540,000

22090582 MLS

Brand new construction triplex offering a rare turnkey investment opportunity! Each unit features 2 bedrooms and 1 bathroom, all fully rented and generating immediate income. Designed with durability and modern appeal in mind, every unit includes stainless steel appliances, quartz countertops throughout, and quality finishes that attract and retain tenants. This low-maintenance property is ideal for investors seeking strong cash flow with minimal upkeep. Located in a prime area just minutes from downtown Columbus, residents enjoy convenient access to shopping, dining, and local amenities. Don't miss this opportunity to own a fully stabilized, income-producing property in a rapidly growing area!

2019,2021,2023 Ohio Avenue, Columbus

$253,500

22087935 MLS

Duplex Near Donner Park: Both units have 2 bedrooms and fully-applianced kitchens (refrigerator, electric stove, microwave, disposal, dishwasher) plus their own laundry hook-ups in the basement. This home has 3,816 sq ft total; each apartment has 954 sqft on the main level and additional 954 sqft in the full, unfinished basement for laundry + storage/home gym use. One apartment is rented with the 24x24 detached garage; driveway and street parking is also available. Great yard space on this large corner lot plus a shared deck. Looking for a small Donner Park home for yourself or a parent or adult child? Let the tenant in the second apartment make the house payment for you! The utilities have been separated so that the tenants can pay their own bills. Both furnaces and water heaters are less than 5 years old. Many cosmetic updates. Only the vacant unit, the garage, and the shared basement are pictured. Addresses of units are 525 25th Street and 2424 Lafayette Avenue. Both have 2 bedrooms. 525 25th is vacant and rents with the 2-car garage--typical rent is at least $1200/month. 2424 Lafayette is occupied and currently rents for $925; tenant pays all utilities for that apartment; lease expires 12/31/26. (Typical rent for 2424 Lafayette is $1100.)

525 25th Street, Columbus

$89,000

22086446 MLS

924 & 926 Pearl Street, Columbus

$457,500

22086237 MLS

Attention investors - this is the kind of opportunity that makes you sit up a little straighter. One lot. Four rental units. One streamlined purchase. This income-producing package includes two single-family homes (each 2 bed | 1 bath) plus one duplex with two separate 2-bedroom units - all currently leased and generating income from day one. No vacancy guesswork. No renovation limbo. Just immediate cash flow. What makes this one especially smart? Built-in diversification. Instead of relying on a single tenant or single structure, you've got four doors working for you across three buildings. Spreading risk while multiplying income potential. The units are in solid condition with strong market rents already in place. Tenants benefit from walkable access to local trails, nearby bus transportation, off-street parking, and usable yard space. All features that consistently support rental demand. This isn't just "another duplex." It's a compact portfolio in one clean transaction. This acquisition presents a rare opportunity to secure multiple revenue streams within a single transaction. With four doors across three structures, investors gain both scale and diversification in one strategic purchase. An ideal addition for buyers seeking portfolio growth, steady cash flow, and an asset positioned in a consistently rentable location. Professional property management is already in place and can seamlessly continue with the new owner, making this a truly turnkey investment from day one. If you've been waiting to grow your doors without juggling multiple closings, this is your moment. Four doors. One decision. Smart move.

1220 Iowa Street, Columbus

$215,000

22082314 MLS

Versatile duplex offering strong investment potential or an ideal owner-occupied opportunity! The front unit features 2 bedrooms and 1 full bath with a full unfinished basement, providing ample storage or future potential. The rear unit has been completely renovated down to the studs, offering a brand-new 2-bedroom, 1-bath living space with modern finishes throughout. Perfect for an investor looking to add a turnkey property to their portfolio, or for an owner-occupant who wants to live in the brand-new unit while renting out the occupied front unit to help offset monthly expenses. Separate living spaces provide flexibility, income potential, and long-term value. A rare chance to own a mixed-condition duplex where major renovation work is already done, don't miss it!

1802 California Street, Columbus

$290,000

22079891 MLS

Spacious multi-family investment property with 3 units and 4 off-street parking spaces. Well maintained property. Recent improvements: New LVP flooring, interior paint, roof (2021), some newer windows except living room in rear unit. Each unit has its own private entrance, bedroom, kitchen, living area, and bath. Upstairs unit has 2 bedrooms. Electric and gas are metered for each unit. Owner pays water. All units are currently empty. New owner can qualify and select new tenants.

930 7th Street, Columbus

$165,000

22077334 MLS

DUPLEX

1802 California Street, Columbus

$258,000

22040201 MLS

Great westside location. Each unit features 2 bedroom/1 bath, fully equipped kitchen and an attached one car garage. 1369 is currently vacant and easy to show. 1367 is rented and the tenant is month to month at $1040 per month. Tenants pay all utilities.

1367 Brookside Court, Columbus

$274,500

22037377 MLS

This well-maintained duplex offers 1,800 sq. ft. of total living space, featuring two spacious units-each with 2 bedrooms, 1 full bath, and a generous main-level layout. Ideal for both owner-occupants and savvy investors, the property is located in a rapidly developing area just minutes from shopping, dining, and local attractions. Mature trees and charming curb appeal enhance the exterior, while the interiors are move-in ready-minimal updates needed. Reliable long-term tenants are already in place, providing immediate rental income. Don't miss your chance to own a low-maintenance, high-potential duplex in a thriving community!

5120 Apache Court, Columbus

$320,000

22030745 MLS

Prime Investment Opportunity! This spacious 6-bedroom, 2-bath duplex in Columbus is perfect for both owner-occupants and investors! With 4,236 sq. ft., each unit features 3 bedrooms and 1 bath, plus a generous main level. Both units have basements, adding highly desirable additional living space. Located in a thriving area just minutes from shopping, dining, and cultural attractions, this property offers both convenience and strong investment potential. Don't miss this incredible opportunity to own a duplex in a rapidly developing area!

3819 Camelot Lane, Columbus

$517,500

22025940 MLS

This beautiful, historic home in downtown Columbus, built in 1861, must be seen to be believed. Custom woodwork, trim, and hardwood floors throughout the home are in good condition. The main level features four large rooms with high ceilings and windows, two fireplaces. Vintage kitchen and bathrooms with some updates. The second floor has five large bedrooms and two full baths, with one bedroom featuring a walkout balcony. And don't miss the huge attic with vast potential for additional living space... art or music studio? Writer's loft? And there's more. This large corner lot features a second structure with two income- generating apartments and an attached garage. A third structure/ apartment unit attached to the main house via a patio. The entire grounds are paved with brick and lots of mature landscaping and a wrought iron fence. The HVAC and roof have been recently updated in all structures. Main house features a large basement with extensive spray foam insulation for added efficiency. The radiators have also been recently updated to supplement the heating of the also recently- updated HVAC. This house is perfect for new residents keen to restore the main house to its original glory, and who also love the idea of rental income from the three units.

806 Franklin Street, Columbus

$168,000

22018606 MLS

Nice 2 unit, historical home on corner lot. Each unit is 1 bedroom, 1 bath with nice hardwood floors. Main level unit has living room, dining room and laundry hookup. Upper level has living room and kitchen. Gas furnace and water heater. Great location.

1103 Sycamore Street, Columbus

$317,000

22018202 MLS

Great potential in this 4 unit property. 2 units on main level consist of 2 bedroom, 1 bath, eat-in kitchen and living room. 2 units upstairs consist of 1 bedroom, 1 bath, kitchen and living room. There is a 4 car carport for tenants. Gas furnace and water heater for main level units. Window A/C, wall unit heater and electric water heater for upper units.

717 25th Street, Columbus

$270,000

22017627 MLS

This is an estate so there is no seller disclosure. Only one, of the 3 units, has been rented in the past several years. Former owner was not interested in renting out to anyone new, and preferred to keep the property just the same, as well as not raising the rent in the unit that was rented. There are a couple "trouble spots" that could use some attention & repair, but all in all, this is a nice property, & has been maintained in fairly good condition.

1111 Franklin, Columbus

$187,400

22012920 MLS

Prime Duplex Opportunity Near Downtown! This versatile duplex on a corner offers the perfect blend of convenience and income potential. Live in one unit while generating steady rental income from the other! Unit 1 (1702 Maple St) features a reliable long-term tenant and dog with a signed lease through December 2025-details & showings available upon request. Unit 1 has baseboard heat and window AC. Unit 2 (1410 17th St) is 2 levels with one bedroom upstairs has a new HVAC system in 2022. Located just minutes from downtown, this property offers easy access to dining, shopping, and entertainment. Whether you're an investor or looking to offset your mortgage, this property is a smart move! If you live in one side you can use the owner-occupied first-time buyer programs! No VA or FHA offers.

1702 Maple Street, Columbus

$205,000

21999918 MLS

Great opportunity for a great investment! So much character and original storage closets and built ins. There are a total of 4 units that have been consistently been bringing in total rents of $2325. These rates have not been adjusted for several years so there is plenty of room for adjustment. 3 units in the main building are currently vacant so you can do whatever you'd like with them! Immediately start leasing them, make changes to them if you desire, or convert back to a single family home and leave the back studio as an income opportunity. Studio is occupied by a very long term faithful renter. Landlord pays water for the main building. Studio renter pays water. All units pay electric separately. Great location convenient to Cummins plant and downtown. So much space for a great price means you can be creative and use it to earn even more!

602 Hutchins Avenue, Columbus

$670,000

21998264 MLS

Discover this beautifully renovated quadplex, a fantastic investment opportunity nestled in a sought-after neighborhood. Each of the four units offers approximate 975 square feet of comfortable living space, making it ideal for both long-term and short-term rentals or an excellent house hacking opportunity. Each unit features 2 spacious bedrooms and 1.5 bathrooms, providing ample space for tenants or owners. The layout includes a cozy living room, a well-appointed kitchen, and a dining area, all designed for modern living. Enjoy the privacy of a separate entrance for each unit, enhancing the appeal for renters or owners who value independence. The entire property has been meticulously updated over the past 2-3 years, ensuring a move-in ready experience. Upgrades include all-new appliances and three new A/C furnaces, offering energy efficiency and reliability. Currently, two units are leased as long-term rentals, while the other two serve as successful Airbnb rentals, providing a blend of steady-income and high revenue potential. Each unit comes with its own designated parking spot, adding convenience for residents. Additionally, a wonderful outdoor area offers a communal space for relaxation or entertaining guests. Situation in a great neighborhood known for its charm and conveniences, this property offers easy access to location amenities, schools, parks, and public transportation. The area's appeal ensures strong rental demand and potential for long-term appreciation. Whether you're an investor looking to expand your portfolio or a savvy buyer interested in house hacking, this quadplex presents an outstanding opportunity. Live in one unit while renting out the others to cover your mortgage and generate additional income. The mix of long-term and short-term rentals provides a flexible strategy to maximize returns based on your financial goals. This is more than just a property; it's a chance to secure a solid investment in a thriving community.

3155 Sycamore Drive, Columbus

$140,000

21992617 MLS

Two story rental close to Donner Park. Main level has one bedroom, one bath, living room, kitchen and eating area. Second level has two bedrooms, one bath, kitchen and living room. There are two furnaces and one water heater in basement. Siding & roof (2019). Two car detached garage. Property needs TLC, but there is tons of potential.

1612 Union Street, Columbus

$578,000

21991844 MLS

Welcome to this incredible investment opportunity! Situation in a prime location this property features 6 income producing units and 3 income producing storage units. Sitting on nearly a 1/4 acre lot just blocks from downtown and just 1 block from Columbus's nationally ranked ZwanzigZ! Property features courtyard, onsite laundry, and public transportation at street. Units are all fully occupied, cash flowing, and ready for an investor to add to their portfolio.

636 11th Street, Columbus

$321,500

21971348 MLS

A truly exceptional property that seamlessly blends historic charm with modern convenience. This magnificent stately home offers a unique opportunity for investors or those seeking a grand single-family residence. Investors will appreciate the steady rental income generated by the three separate units, making this property a potential sound addition to any real estate portfolio. The demand for quality rental units in Columbus is strong, and this historic property's unique appeal sets it apart from the competition. For those with grand visions, the opportunity to return this stately home to its original single-family glory awaits. Each unit has its own separate entrance, providing privacy for residents.

1104 Franklin Street, Columbus

$325,000

21946389 MLS

Awesome Opportunity in this spacious Duplex. Live in one side, rent the other side, or rent them both. Current owner-Occupied Left unit for past 7 years, Right side tenants have occupied for 2 years. Each unit has 2 bedrooms, 2 1/2 baths, 2 car garages with storage above, Spacious Great rooms with towering ceilings. Owner's unit has updated Kitchen with Granite countertops and SS Appliances, updated Owner's bathroom, Solid surface flooring and comes with Washer and Dryer. Tenant's unit also includes fully applianced Kitchen and both units have Water Softeners. Kitchens offer bar areas, breakfast nooks and Formal Dining rooms. Units metered separately and 3485 rents for $1,100 per month. Very spacious corner lot privacy fenced area for 3487.

3487 Earls Court, Columbus

$142,000

21909482 MLS

Investment Property Opportunity! This rental has 2 units, 717 and 717 1/2 Reed St. Both units are currently tenant occupied. Each unit is 1 BR and 1 BR. 717 currently rents for $850/mo, 717 1/2 currently rents for $800 and is set to be raised to $975 June 1 (Columbus Housing Authority). Separate HVAC and water heater for each unit in partial basement. Check out this great income opportunity today!

717 Reed Street, Columbus

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IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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