Overview

  • Duplex
  • Property Type

Description

Located in the heart of West Jefferson, 116 S Frey Ave is a well-maintained duplex offering immediate income and strong investment potential. This two-family property features two spacious 2-bedroom, 1 bathroom units, both currently rented, making it a turnkey addition to any portfolio. Tenants pay all utilities, handle lawn maintenance, and supply their own appliances-helping keep owner expenses low. Numerous updates add value and peace of mind. The lower unit includes a hot water tank (2021), furnace (2022), electric breaker panel (2024), updated kitchen cabinets (2025), and a new bathroom vanity and toilet. The upper unit features a furnace (2022), electric breaker panel (2024), new A/C (2024), hot water heater (2025), and new kitchen flooring (2025). Some hardwood floors add character throughout the home. The basement offers two separate washer and dryer hookups for added tenant convenience. Ideally situated with convenient access to I-70 and US-40, the property provides an easy commute to Columbus and surrounding areas. Tenants enjoy close proximity to local dining, small businesses, parks, and community amenities–supporting continued rental demand in this growing market. Additional opportunity: The seller also has three other duplexes currently listed, presenting a rare chance to expand your portfolio with multiple income-producing properties in the same area. A solid, income-producing asset with long-term upside potential.

Address

  • City West Jefferson
  • State/county Madison

Details

Updated on March 1, 2026 at 2:34 pm
  • Property Type: Duplex
  • Property Status: Multi-Family

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Dipankar Ayon
  • Dipankar Ayon

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Dipankar Ayon
  • Dipankar Ayon