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2632-2634 Deming Avenue, Columbus, OH, 43202
Two-Unit Duplex with Basements

2632-2634 Deming Avenue Columbus, OH 43202

For Sale
$415,000

MULTI_FAMILY - Columbus, OH

Property Size2,204 SF
Lot Size0.11 Acres
Price / SF$188.29
Days on Market57

Property Features for 2632-2634 Deming Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Rooms Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6
Standard status Active
APN 010-050265
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5535

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Number of units 2
Listing Agency: Delicious Real Estate Group
Listed By: Miles M Hartley · License #2019004209
Added: Jun 3 Changed: Jul 28 Last Checked: Jul 29 at 1:06AM
MLS# 226020414

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two side-by-side 3-bedroom, 1-bath units are offered in this Old North Columbus duplex. Each unit includes hardwood floors, updated kitchens and bathrooms, and a full basement with laundry and storage. An unfinished attic is also available on both sides for additional storage or future finishing. The property provides off-street and on-street parking and a fenced yard split between both units for added privacy.

The duplex is located near Glen Echo Ravine and offers easy access to OSU, major medical centers, local shops, and dining.

Major mechanicals, siding, and key components have been updated over the years. The property is currently rented with both tenants on month-to-month leases, generating $2,575 per month in gross rents ($1,375 and $1,300 per side).

Key Highlights

  • Old North Columbus duplex with two side‑by‑side 3‑bedroom, 1‑bath units, 1,102 SF per side
  • Both units have updated kitchens and baths plus hardwood floors
  • Full basements in each unit with laundry and storage; unfinished attic for additional storage or potential expansion

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.8k $13.08
− Vacancy −$2.0k −$0.92
EGI $26.8k $12.16
− OpEx −$8.0k −$3.65
NOI $18.8k $8.52
2,204 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$268.1K
$234.6K – $312.8K (±1% cap)
NOI $18,767 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$215.7K
$188.7K – $251.6K (±1% cap)
NOI $15,097 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$459.3K
$401.9K – $535.9K (±1% cap)
NOI $32,153 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Nail Salon Daycare Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two side-by-side 3-bedroom, 1-bath units, each with updated interiors, full basements, and unfinished attics.
Where is this duplex located?
The property is located at 2632-2634 Deming Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Old North Columbus duplex with two side‑by‑side 3‑bedroom, 1‑bath units, 1,102 SF per side; Both units have updated kitchens and baths plus hardwood floors; Full basements in each unit with laundry and storage; unfinished attic for additional storage or potential expansion
More about this property
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