4-Unit Apartment
New
For Sale
$370,000
107 N Hampton, Columbus, OH 43213
Four one-bedroom residences offer a mix of occupied and vacant units.
Property Size3,915 SF
Price / SF$94.51
Days on Market2
Property Features for 107 N Hampton
General Information
Standard status
Active
Size
3,915 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Mid East
Units
Unit Mix
4 x 1BR
Multifamily Units
4
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1950
Buildings
1
Listing Agency:
J. Gregory Hart, Hart Real Estate Agency LLC
Listed By:
Real Estate Showcase RES
(740) 389-2000
Source:
Resmarion
Added: Oct 23
Last Checked: Oct 23 at 5:22AM
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 J. Gregory Hart, Hart Real Estate Agency LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4-unit apartment property was built in 1950 and contains four one-bedroom residences. Two apartments are occupied, while the other two are vacant.
Located in East Columbus, the building offers a straightforward four-unit configuration for multifamily ownership.
Located in East Columbus, the building offers a straightforward four-unit configuration for multifamily ownership.
Key Highlights
- Four 1‑bedroom apartments
- Two units occupied and two vacant
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,337
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,740
$666.7K
Cap Rate 7%
$476,243
$476.2K
Cap Rate 9%
$370,411
$370.4K
Market Conditions
NOI Build-Up for 3,915 SF
Gross rent
$51.2K $13.08/SF
− Vacancy
−$3.6K −$0.92/SF
EGI
$47.6K $12.16/SF
− OpEx
−$14.3K −$3.65/SF
NOI
$33.3K $8.52/SF
Area
Columbus, OH
Vacancy
7.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,740
Cap Rate 7%
$476,243
Cap Rate 9%
$370,411
Alternative Uses
Best Use
Multifamily LT 5
$476.2K
$416.7K – $555.6K
NOI $33,337 @ 7.0% cap · market cap 9.01%
Second Best
Apartment 5plus
$383.1K
$335.2K – $447.0K
NOI $26,817 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$815.9K
$713.9K – $951.9K
NOI $57,113 @ 7.0% cap · market cap 15.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Explore this area
Business Placement
Demographics for 43213, OH
35,105
Population
17,069
Households
2.1
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
3,408
Density / Sq Mi
$53,908
Median Household Income
$37,753
Median Earnings
$1,107
Median Rent
$197,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences offer a mix of occupied and vacant units.
Where is this quadplex located?
The property is located at 107 N Hampton Columbus, OH.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Four 1‑bedroom apartments; Two units occupied and two vacant; Built in 1950
