Property Description

Turnkey Investment Opportunity - Charming, Updated Cottage on a quiet street.This well-maintained and thoughtfully updated cottage offers the perfect blend of charm and reliability--ideal for investors seeking consistent, low-maintenance returns.The home features beautiful hardwood floors and a fully remodeled bathroom, along with a series of major capital improvements that provide peace of mind for years to come. Updates include a new roof (2020), upgraded plumbing, an energy-efficient furnace, sealed and wrapped windows for improved efficiency, gutter guards, and a spacious backyard.The property is under rented to a dependable tenant at $1,510/month lease expiring August 2026, delivering immediate and predictable cash flow from day one. With a proven rental history and strong in-place income, this is a true turnkey, ''mailbox money'' investment.

261 Lowell Road | MLS# 226008785

This single family home located at 261 Lowell Road , Columbus, OH 43209 is currently listed for sale with an asking price of $184,900. This property was built in 1942 and has 2 bedrooms and 1 full baths with 756 sq. ft. Lowell Road is located in the Eastvale subdivision within the COLUMBUS CITY school district. Search Eastvale real estate on 2535searsroad.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Cooling: Central Air

Days on Market: 1

Garage: 1 car attached

Heating: Forced Air

Home Style: Ranch

Lot Size: 0.14 Acres

Taxes: $2,246

Year Built: 1942

Feature Descriptions

Exterior: Wood Siding

Fireplace: Gas Log

Flooring: Wood, Laminate, Carpet, Ceramic/Porcelain

Parcel #: 010-078393

Parking: Attached Garage

Windows: Insulated All

Local Schools

School District: COLUMBUS CITY

Market Trends

Franklin County Residential Market Trend Graphs

Zip Code 43209

Source: Delta Media Group, Inc.

Demographics

Franklin County Demographic Information for 261 Lowell Road , Columbus, OH 43209

Fips

Fips Code 39049

Population

2020 to 2023 Change up 0.2%

2010 Count 1,163,414

2020 Count 1,323,807

2023 Estimate (V2023) 1,326,063

2020 Estimate (V2023) 1,323,810

Age Distribution (Years Old)

0 to 4 6.5%

5 to 17 22.9%

18 to 64 57.4%

65 and Older 13.2%

Gender

Male 49.2%

Female 50.8%

Place of Birth

Foreign 12.0%

US 88.0%

Education

High School Graduate, Age 25+ 91.5%

Bachelor's Degree or Higher, Age 25+ 41.7%

Computer and Internet use

Households with a computer 95.9%

Households with a broadband Internet subscription 92.1%

Language

English is Second Language, Age 5+ 14.9%

English is First Language, Age 5+ 85.1%

Veterans

Veterans 56,845

Income

Per Capita Income $41,148

Median Household Income $71,070

People in Poverty 15.1%

Commute

Average Work Commute Time 22 minutes

Housing

Total Housing Units 594,813

Households 542,366

Average Household Size 2.38

Owner-Occupied 53.5%

Multi-Family 36.6%

Owner-Occupied Median Value $243,100

Median selected monthly owner costs -with a mortgage $1,667

Median selected monthly owner costs -without a mortgage $685

Median gross rent $1,169

Building Permits

New Private Housing Issued 2023 7,303

Years at Residence

1 Year or More 82.6%

Less Than 1 Year 17.4%

Business and Employment

Private non-farm Establishments 30,187

Private non-farm Employment 642,630

Private non-farm Employment Growth up 0.4%

Nonemployer Establishments 117,491

Number of Firms 107,363

Business Production

Value of Shipments $13,796,060,000

Wholesale Trade $32,205,012,000

Retail Trade $25,665,382,000

Retail Sales Per Capita $17,887

Accommodation and Food Services $3,728,293,000

Land

Land Area 532.19 sq. miles

Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,143.22 per month $902.13 Principal & Interest $187.17 Property Tax $53.93 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for 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. Information on this site was last updated 03/25/2026. The listing information on this page last changed on 03/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/25/2026 1:03:45 AM EST) or Dayton MLS (last updated Tue 03/24/2026 11:46:35 PM EST) or CBRMLS (last updated Wed 03/25/2026 12:44:23 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 03/24/2026 11:53:23 PM EST) or NKY MLS (last updated Tue 03/24/2026 11:28:17 PM EST) or Wrist MLS (last updated Tue 03/24/2026 11:24:20 PM EST) or Firelands MLS (last updated Tue 03/24/2026 11:11:21 PM EST) or MLS NOW (last updated Wed 03/25/2026 12:17:27 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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