Updated Duplex Residential Income
436-438 N Garfield Avenue Columbus, OH 43203
MULTI_FAMILY - Columbus, OH
Property size:
3,400 SFLot size:
0.09 AcresPrice / SF:
$132/SF- Added:
- Jun 19, 2026
- Days on Market:
- 22
- Last Refresh:
- Jul 10 at 5:06 pm
Property Features for 436-438 N Garfield Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3
- Standard status
- Active
- APN
- 010-047689
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4263
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1880
- Number of units
- 2
Listing agent Ryan J Ruehle License #2003013260 (614) 209-1272
Listing office EXP Realty, LLC 545 Metro Place S Ste 100, Westlake, OH (866) 212-4991
Listing date Jun 19, 2026
MLS# 226022632
Listing URL
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.
This updated duplex offers over 3,400 square feet of living space, with each side laid out for comfortable daily living. Each unit includes a large living room and dining room, an updated kitchen with granite countertops, a laundry room, and a half bathroom on the main level. Upstairs, each side features three bedrooms and an updated full bathroom.
Outside, both units benefit from a fully fenced backyard area and a concrete driveway, providing practical, low-maintenance outdoor space. The property is located in Columbus, OH, just minutes from campus and the Short North, placing nearby restaurants, shopping, and entertainment within easy reach.
Designed to work for multiple ownership strategies, the duplex configuration supports renting one side while living in the other. With updated interiors, in-unit laundry, and a fenced yard, it can appeal to tenants seeking turnkey finishes and straightforward functionality, as well as buyers looking for a residential income property with well-defined unit separation.
Outside, both units benefit from a fully fenced backyard area and a concrete driveway, providing practical, low-maintenance outdoor space. The property is located in Columbus, OH, just minutes from campus and the Short North, placing nearby restaurants, shopping, and entertainment within easy reach.
Designed to work for multiple ownership strategies, the duplex configuration supports renting one side while living in the other. With updated interiors, in-unit laundry, and a fenced yard, it can appeal to tenants seeking turnkey finishes and straightforward functionality, as well as buyers looking for a residential income property with well-defined unit separation.
Key Highlights
- Updated duplex with over 3,400 SF of living space across two units
- Each side features a large living room, dining room, updated kitchen with granite countertops, and a half bath
- Main level includes a laundry room on each side
Local 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 | $44.5k | $13.08 |
| − Vacancy | −$3.1k | −$0.92 |
| EGI | $41.4k | $12.16 |
| − OpEx | −$12.4k | −$3.65 |
| NOI | $29.0k | $8.52 |
3,400 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$413.6K
$361.9K – $482.5K
NOI $28,951 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$332.7K
$291.1K – $388.2K
NOI $23,289 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$708.6K
$620.0K – $826.7K
NOI $49,600 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Updated duplex with two matching units, modern kitchens, fenced yard, and driveway—suited for owner-occupancy or rental income.
Where is this duplex located?
The property is located at 436-438 N Garfield Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Updated duplex with over 3,400 SF of living space across two units; Each side features a large living room, dining room, updated kitchen with granite countertops, and a half bath; Main level includes a laundry room on each side
