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Duplex North of Broad
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105 N Terrace Avenue, Columbus, OH 43204

Updated duplex with rental income potential in Columbus, Ohio.

Property SizeContact for details
Days on Market159

Property Features for 105 N Terrace Avenue

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Building Details

Year Built 1910
Units 2
Listing Agency: RE/MAX Premier Choice
Listed By: Aimee Calvert · License #325405
Source: Crexi
Added: Mar 7 Changed: Aug 8 Last Checked: Aug 8 at 2:50PM

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 RE/MAX Premier Choice

Investment Insights

Based on property information with market context.

This stacked duplex is located north of Broad. Each unit features two bedrooms and a generous living area. The second-floor unit includes a washer and dryer, while the basement has washer and dryer hookups. The basement is accessible to both units. Current rents are $850 for the upstairs unit and $800 for the downstairs unit. According to the listing, area rents are in the $1200 range. Both units have been extensively updated. The roof is 5 years old, one furnace is 3 years old and the other is 8 years old, and the water heaters are 5 years old and new.

Key Highlights

  • Significant rental income upside: Current rents are substantially below market value.
  • Updated units: Extensive updating has been completed on both units.
  • Newer major systems: Roof (5 years), furnaces (3 & 8 years), and water heaters (5 years & new).

Property Analytics

Current Use

Duplexes

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 43204, OH

42,315
Population
19,286
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
4,502
Density / Sq Mi
$59,158
Median Household Income
$38,610
Median Earnings
$1,206
Median Rent
$170,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated duplex with rental income potential in Columbus, Ohio.
Where is this duplex located?
The property is located at 105 N Terrace Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $198,900.
What are key features of this property?
This property features: Significant rental income upside: Current rents are substantially below market value.; Updated units: Extensive updating has been completed on both units.; Newer major systems: Roof (5 years), furnaces (3 & 8 years), and water heaters (5 years & new).
(614) 273-6900 Call to check price and availability
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