Well-Maintained Duplex with Split
For Sale
$298,000
Pending
100 Hosack Street Unit A, Columbus, OH 43207
Two separate units each offer two bedrooms and a full bath, with private 1-car garage space for added convenience.
Property Size2,120 SF
Days on Market117
Property Features for 100 Hosack Street Unit A
General Information
Standard status
Pending
Size
2,120 SF
Total Parking Spaces
2
Property subtype
Multi-Family / Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,697
Amenities
Window Unit(s)
Forced Air
Yes
Building Details
Year Built
1893
Tenancy
Multi
Listing Agency:
Keller Williams Consultants
Listed By:
Andrea R Kaper · License #2013004247
(614) 804-9100
Source:
Compass
Added: May 15
Changed: Aug 8
Last Checked: Jul 24 at 2:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Consultants
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate residential units, each with two bedrooms and one full bathroom, along with spacious living areas designed for comfortable everyday use. The property also provides added privacy through separate living space between the units. One unit offers single-story living, which can broaden fit for a range of household needs. A detached two-car garage is divided down the middle, giving each unit its own private one-car garage space. Public remarks also indicate that many upgrades have already been completed, providing a level of assurance for the next owner.
The property is located at 100 Hosack Street, Unit A, Columbus, OH 43207, on the Southside of Columbus. The surrounding area offers access to shopping, dining, and parks, as well as major commuter routes, with convenient connectivity to Downtown Columbus and surrounding areas.
For buyers seeking an income-producing residential property, the duplex layout provides two distinct living options under one roof. For owner-occupants, the unit configuration supports the common strategy of living in one side while renting the other. The detached, split garage setup can also be an appealing convenience for tenants and households that value private off-street parking.
The property is located at 100 Hosack Street, Unit A, Columbus, OH 43207, on the Southside of Columbus. The surrounding area offers access to shopping, dining, and parks, as well as major commuter routes, with convenient connectivity to Downtown Columbus and surrounding areas.
For buyers seeking an income-producing residential property, the duplex layout provides two distinct living options under one roof. For owner-occupants, the unit configuration supports the common strategy of living in one side while renting the other. The detached, split garage setup can also be an appealing convenience for tenants and households that value private off-street parking.
Key Highlights
- Duplex built in 1893 with two separate units, each offering 2 bedrooms and 1 full bathroom
- Detached 2‑car garage divided down the middle, providing each unit private 1‑car garage space
- Each unit includes separate living space for added privacy and functionality
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,885
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,700
$477.7K
Cap Rate 7%
$341,214
$341.2K
Cap Rate 9%
$265,389
$265.4K
Market Conditions
NOI Build-Up for 2,120 SF
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.
Gross rent
$36.9K $17.40/SF
− Vacancy
−$2.8K −$1.31/SF
EGI
$34.1K $16.10/SF
− OpEx
−$10.2K −$4.83/SF
NOI
$23.9K $11.27/SF
Area
ZIP 43207
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,700
Cap Rate 7%
$341,214
Cap Rate 9%
$265,389
Alternative Uses
Best Use
Multifamily LT 5
$341.2K
$298.6K – $398.1K
NOI $23,885 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$313.0K
$273.8K – $365.1K
NOI $21,907 @ 7.0% cap · market cap 7.35%
Theoretical Best
Warehouse
$427.3K
$373.9K – $498.5K
NOI $29,910 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Explore this area
Business Placement
Demographics for 43207, OH
46,853
Population
21,242
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
85%
High-School Grad
23.1 sq mi
ZIP Area
2,028
Density / Sq Mi
$61,307
Median Household Income
$40,037
Median Earnings
$1,115
Median Rent
$156,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate units each offer two bedrooms and a full bath, with private 1-car garage space for added convenience.
Where is this duplex located?
The property is located at 100 Hosack Street Unit A Columbus, OH.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Duplex built in 1893 with two separate units, each offering 2 bedrooms and 1 full bathroom; Detached 2‑car garage divided down the middle, providing each unit private 1‑car garage space; Each unit includes separate living space for added privacy and functionality
