Residential Income Property with
110 West Tulane Road Columbus, OH 43202
110 West Tulane Road, Columbus, OH, 43202
$685,500
For Sale
$685,500
One-bedroom, one-bath apartments feature a spacious living room, decorative fireplace, open kitchen, and basement storage with washer/dryer hookups.
Property Size4,428 SF
Price / SF$154.81
Days on Market145
Property Features for 110 West Tulane Road
General Information
- Standard status
- Active
- Size
- 4,428 SF
- Property subtype
- Multi-Family / Apartment
Building Details
- Year Built
- 1928
Listing agency
Keller Williams Consultants
(614) 395-0454
Listed by
Joan B Brant · License #0700174040
(614) 395-0454
Source
Compass
Added: Feb 26 Updated: Jul 21 at 7:20AM Checked: Jul 21 at 7:20AM
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 residential income property offers one-bedroom, one-bath apartments with a spacious living room and a decorative fireplace. Units also include an eating area and an open kitchen with ample cabinet space and appliances such as a range, dishwasher, refrigerator, and microwave. The basement includes a private storage room for each apartment, along with washer/dryer hookups.
The property is located on a tree-lined street, with ample street parking and one private parking spot behind the building. It is described as being just north of OSU and south of Clintonville.
Tenants are responsible for all utilities.
The property is located on a tree-lined street, with ample street parking and one private parking spot behind the building. It is described as being just north of OSU and south of Clintonville.
Tenants are responsible for all utilities.
Key Highlights
- One‑bedroom, one‑bath apartments with spacious living room and a decorative fireplace
- Open kitchen with ample cabinets plus range, dishwasher, refrigerator, and microwave
- Central air cooling and gas forced‑air heating
Local Financial Insights For Apartment 5plus
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 | $59.0k | $13.32 |
| − Vacancy | −$3.8k | −$0.87 |
| EGI | $55.1k | $12.45 |
| − OpEx | −$24.8k | −$5.60 |
| NOI | $30.3k | $6.85 |
4,428 SF · lease $13.32/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$433.3K
$379.1K – $505.5K
NOI $30,331 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$922.8K
$807.5K – $1.08M
NOI $64,597 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - One-bedroom, one-bath apartments feature a spacious living room, decorative fireplace, open kitchen, and basement storage with washer/dryer hookups.
Where is this multifamily property located?
The property is located at 110 West Tulane Road Columbus, OH.
What is the asking price?
The asking price for this property is $685,500.
What are key features of this property?
This property features: One‑bedroom, one‑bath apartments with spacious living room and a decorative fireplace; Open kitchen with ample cabinets plus range, dishwasher, refrigerator, and microwave; Central air cooling and gas forced‑air heating
