Fully Leased Duplex with Two
673 E Sycamore Street Columbus, OH 43206
For Sale
$308,000
MULTI_FAMILY - Columbus, OH
Property Size1,992 SF
Lot Size0.07 Acres
Price / SF$154.62
Days on Market30
Property Features for 673 E Sycamore Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1
- Standard status
- Active
- APN
- 010-196513
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2700
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
Listing Agency:
Realty Forward
(614) 219-9214
Listed By:
Kelly M Hamilton · License #2023005710
(614) 746-3881
Added: Jun 27
Changed: Jul 26
Last Checked: Jul 26 at 3:06PM
MLS# 226023898
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 fully occupied duplex includes two separate units, each offering 2 bedrooms and 1 bathroom, along with a large kitchen. Unit 673 has been recently updated and includes a large fenced backyard. Unit 675 is currently in place and presents an opportunity for future cosmetic improvements.
The property is located at 673 E Sycamore Street in Columbus, Ohio (43206). The listing notes convenient access to German Village, Downtown Columbus, the Brewery District, and Nationwide Children’s Hospital, with the hospital’s presence described as a draw for healthcare professionals and long-term renters.
For investors or owner-operators, the current leasing structure is positioned for immediate income, with a new lease beginning August 1 and the property described as reaching 100% occupancy. With one unit already updated and the other offering room for cosmetic upgrades, the duplex provides a practical mix of in-place tenancy and potential for continued property improvement. If you’re seeking a straightforward duplex setup with clear unit count and bedroom/bathroom configuration, this property is designed for a hands-on approach to maintaining and enhancing rental readiness.
The property is located at 673 E Sycamore Street in Columbus, Ohio (43206). The listing notes convenient access to German Village, Downtown Columbus, the Brewery District, and Nationwide Children’s Hospital, with the hospital’s presence described as a draw for healthcare professionals and long-term renters.
For investors or owner-operators, the current leasing structure is positioned for immediate income, with a new lease beginning August 1 and the property described as reaching 100% occupancy. With one unit already updated and the other offering room for cosmetic upgrades, the duplex provides a practical mix of in-place tenancy and potential for continued property improvement. If you’re seeking a straightforward duplex setup with clear unit count and bedroom/bathroom configuration, this property is designed for a hands-on approach to maintaining and enhancing rental readiness.
Key Highlights
- Fully occupied duplex in Southern Orchards with 100% occupancy starting Aug 1
- 1,992 SF investment property with two 2‑bedroom, 1‑bath units plus large kitchens
- Unit 673 was recently updated and includes a large fenced backyard
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 | $26.1k | $13.08 |
| − Vacancy | −$1.8k | −$0.92 |
| EGI | $24.2k | $12.16 |
| − OpEx | −$7.3k | −$3.65 |
| NOI | $17.0k | $8.52 |
1,992 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$242.3K
$212.0K – $282.7K
NOI $16,962 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$194.9K
$170.6K – $227.4K
NOI $13,645 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$415.1K
$363.3K – $484.3K
NOI $29,060 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully occupied duplex with two 2-bedroom, 1-bath units, including one recently updated and featuring a fenced backyard.
Where is this duplex located?
The property is located at 673 E Sycamore Street Columbus, OH.
What is the asking price?
The asking price for this property is $308,000.
What are key features of this property?
This property features: Fully occupied duplex in Southern Orchards with 100% occupancy starting Aug 1; 1,992 SF investment property with two 2‑bedroom, 1‑bath units plus large kitchens; Unit 673 was recently updated and includes a large fenced backyard
