Midwest Assignment Contract Inventory Midwest Assignment Contract Inventory 
This off-market 3-bedroom, 1.5-bath single-family home offers significant upside for the savvy investor. Priced at just $150K, it’s well below market value – a true wholesale deal. With an estimated $60K rehab to modernize and add value, the total cost comes to roughly $210K, still far under the projected ARV of $265K. That means potential equity of ~$55K for your flip or significant built-in equity for a buy-and-hold. In fact, homes in the 43219-zip code have a median listing price around $200K, so a renovated value of $265K puts this property well above the area median, showcasing the value-add potential here. For buy-and-hold investors, the rental market is strong – a 3-bed home here can rent for roughly $1,800+ per month after updates, providing excellent cash-flow potential.
Value-Add Opportunity: This property was built in 1900, boasting the kind of historic character that rehabbers love (high ceilings, original woodwork, etc.). It will benefit from a full renovation – think modern kitchen, updated baths, new HVAC, roof, and cosmetic refresh. The ~$60K budget is expected to cover a comprehensive rehab, turning this “fixer-upper” into a shiny gem. The end result will command top dollar in this up-and-coming neighborhood. Similar renovated homes nearby are selling at strong prices, and property values in this area are on the rise (Franklin County assessments for this home more than doubled from 2022 to 2023). Investors can capitalize on the appreciation trend while creating additional value through improvements.
East Columbus location: The property sits in the East Columbus area; an established neighborhood poised for growth. It’s conveniently located just minutes from John Glenn International Airport and offers quick access to major highways (I-670/I-270), making commutes to downtown Columbus or other job centers a breeze. This convenience boosts future resale appeal – end-buyers and renters alike appreciate easy travel and accessibility. The home is on a corner lot (about 3,960 sq ft) with an attached 2-car garage, a valuable amenity for the area and era of the house. The surrounding neighborhood features a mix of older homes and new renovations, indicating active investor activity and revitalization. As development in Columbus continues eastward, properties in this pocket are seeing increased demand. Whether you plan to flip and sell to an owner-occupant drawn by the nearby amenities (parks, schools, shopping) or hold it as a rental in a high-demand location, the outlook is positive.
This is an assignment of contract wholesale deal for cash or hard money buyers only – no financing contingencies can be entertained. We are looking for a quick close to pass on this discount to a fellow investor; serious buyers should be prepared to move swiftly. Deals like this – with ~$55K potential upside – are rare in today’s market, and we expect significant interest. Time is of the essence: if you’re interested, act now to secure this contract before it’s gone.
Don’t miss out on adding 2827 E 6th Ave to your portfolio. This property offers the perfect blend of value-add potential, location perks, and a solid exit strategy – whether you flip for profit or rent for steady income. Contact us today for more details, to schedule a walkthrough, or to arrange assignment paperwork. This opportunity will not last long – unlock the potential of this Columbus wholesale deal now!
3 Bedrooms | 3 Baths | 1,078 ft
