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$245,000 -

303 Hope Avenue Columbus IN 47201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.13
Acres

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!

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Property Details

Price: $245,000 Previously: $245,000 Originally: $245,000 Bathrooms: 0.00 MLS #: 22092078 Year Built: 1936 Township: Columbus Type: Residential Income Zip Code: 47201 City: Columbus Subdivision: Mcclure County: Bartholomew School District: Bartholomew Con School Corp

Interior Features

Interior Features:
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Setting / Lot Description: Corner Lot
  • # Acres: 0.13

Listing Office: 1 Percent Lists Indiana Real Estate

Similar Properties To: 303 Hope Avenue, Columbus

$210,000

Original Town Of Columbus
MLS® #:
22013174
Provider:
Carpenter, Realtors®
713 Reed Street, Columbus

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on April 5th, 2026 at 4:28pm EDT.

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