Duplex Acquisitions in Columbus
Written terms for Columbus owners of two-unit residential buildings.
AceStone Capital Group buys two-unit buildings across Franklin County. Stacked wood-frame doubles near the university corridors and side-by-side brick pairs on the near east and south sides are reviewed on recorded title, unit configuration, and in-place rent before terms are issued.
Acquisition Parameters
Columbus Two-Unit Criteria
What we apply to Columbus two-unit files. A building inside these bounds can receive written terms without going to market.
- Asset
- Two-unit structures on a single parcel, including legally converted doubles.
- Geography
- Franklin County plus Delaware, Licking, and Fairfield.
- Condition
- Occupied, vacant, or carrying deferred maintenance and open code orders.
- Tenancy
- Ohio leases carry over at closing on their existing terms.
- Structure
- Direct purchase with no listing period. Acquisitions may involve private capital or third-party financing, with funding requirements and due-diligence conditions clearly stated in each offer.
- Closing
- Ohio title-company settlement, scheduled around the seller.
The national process, step by step, is documented on the duplex acquisitions page. Buildings above four units are handled by the multifamily desk.
Market Snapshot
Columbus, OH Underwriting Signals
Columbus duplex terms account for post-transfer tax reassessment and the cost of curing open code orders on older stock.
Configuration
Up/down dominant
Doubles and converted two-units both in scope.
Tax Reassessment
Modeled post-sale
Offers reflect the reassessed basis, not current bills.
Code Orders
Open violations accepted
Cured after closing at buyer expense.
Rent Basis
Combined in-place
Seasonal collection variance normalized.
Typical Close
10 – 21 days
Cash close, seller-selected date.
Signals are indicative and reviewed at intake. Written terms follow a file-level read of rent roll, condition, and title.
Columbus Submarkets Under Review
- Franklinton
- Olde Towne East & King-Lincoln
- Hilltop
- Linden
- Clintonville
- Whitehall & Reynoldsburg
Code enforcement files
Columbus records open orders at the parcel level. Existing citations are pulled during diligence and resolved on our side after closing rather than pushed to the seller.
Student-area leasing cycles
Near-campus rentals follow an academic calendar. Closing dates can be set around lease turnover so occupancy and prorations stay clean.
Questions
Columbus Seller Questions
Do you buy Columbus doubles with open code violations?
Yes. Citations are reviewed during underwriting, priced into the written terms, and handled after closing.
Can closing wait until the current leases end?
Yes. The settlement date is set to the ownership's preference, whether that is immediate or after the lease cycle.
Coverage
Other Duplex Markets
Own a Two-Unit Building in Columbus?
Send the address, unit configuration, and occupancy status. Title review and underwriting are completed on our side, then terms come back in writing — no fees, no obligation.