Renovated Two-Unit
1107 S Champion Ave, Columbus, OH 43206
For Sale
$415,000
Updated duplex with refreshed systems, a two-car garage, and convenient access to Downtown Columbus amenities.
Property Size2,288 SF
Price / SF$181.38
Days on Market56
Property Features for 1107 S Champion Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Year Built
Year Renovated
Listing Agency:
Robin Panzera, Panzera Realty
Listed By:
Real Estate Showcase RES
(740) 389-2000
Source:
Resmarion
Added: Sep 13
Changed: Nov 6
Last Checked: Nov 6 at 8:03AM
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 Robin Panzera, Panzera Realty
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Investment Insights
Based on property information with market context.
This 2,288-square-foot duplex contains two residences, each offering 3 bedrooms and 1.5 baths. The property was rebuilt with new mechanical systems, roofing, and other major components in 2020. Additional work includes insulation and drywall along shared walls completed in 2025/2026, plus new gutters in 2025. The 1109 side also has new carpet and interior paint.
A two-car garage provides off-street parking and storage. The property is located at 1107 S Champion Ave in Columbus’s Southern Orchards area, with Downtown Columbus, German Village, Nationwide Children’s Hospital, parks, restaurants, and entertainment minutes away.
A two-car garage provides off-street parking and storage. The property is located at 1107 S Champion Ave in Columbus’s Southern Orchards area, with Downtown Columbus, German Village, Nationwide Children’s Hospital, parks, restaurants, and entertainment minutes away.
Key Highlights
- Two‑unit duplex with 2,288 SF of total building area
- Each unit includes 3 bedrooms and 1.5 baths
- Major renovation completed in 2020, including mechanicals and roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,483
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,660
$389.7K
Cap Rate 7%
$278,329
$278.3K
Cap Rate 9%
$216,478
$216.5K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$29.9K $13.08/SF
− Vacancy
−$2.1K −$0.92/SF
EGI
$27.8K $12.16/SF
− OpEx
−$8.3K −$3.65/SF
NOI
$19.5K $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%
$389,660
Cap Rate 7%
$278,329
Cap Rate 9%
$216,478
Alternative Uses
Best Use
Multifamily LT 5
$278.3K
$243.5K – $324.7K
NOI $19,483 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$223.9K
$195.9K – $261.2K
NOI $15,672 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$476.8K
$417.2K – $556.3K
NOI $33,378 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
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Business Placement
Demographics for 43206, OH
21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Columbus, OH
Properties on Market for Duplexes in Columbus
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex with refreshed systems, a two-car garage, and convenient access to Downtown Columbus amenities.
Where is this duplex located?
The property is located at 1107 S Champion Ave Columbus, OH.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,288 SF of total building area; Each unit includes 3 bedrooms and 1.5 baths; Major renovation completed in 2020, including mechanicals and roof
