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1109 Windsor Avenue Unit 1103, Columbus, OH, 43211
Four-Unit Brick Apartment Building

1109 Windsor Avenue Unit 1103 Columbus, OH 43211

For Sale
$850,000

Four separate 2-bedroom, 1-bath units sit in a brick fourplex with separate utilities and rear off-street parking.

Property Size5,952 SF
Price / SF$142.81
Days on Market275

Property Features for 1109 Windsor Avenue Unit 1103

General Information

Standard status
Active
Size
5,952 SF
Property subtype
Multi-Family / Duplex

Building Details

Year Built
1936
Listing Agency: Anchor Real Estate Group LLC
Listed By: Denise L Pace · License #444298
Source: Compass
Added: Oct 22, 2025 Changed: Jul 23 Last Checked: Jul 23 at 2:09PM

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 Anchor Real Estate Group LLC


Investment Insights

Based on property information with market context.

This four-unit brick apartment building offers four separately metered units, each configured as 2 bedrooms and 1 bathroom with its own entrance. The property includes a full basement and off-street parking located at the rear. Separate gas and electric meters can support ease of management and tenant billing.

Set on a corner lot in North Columbus, the building provides convenient access to I-71 and public transit, with proximity to Linden Community Center and downtown Columbus.

Each unit is set up to function independently, and the overall layout supports straightforward day-to-day operations for an owner-occupant or investor. The property also offers room to expand or improve amenities, supported by the existing basement and rear parking area.

Key Highlights

  • Solid brick fourplex built in 1936 with four separate 2‑bedroom, 1‑bath units
  • Each unit has separate entrances and its own gas and electric utility meters
  • Corner lot with off‑street parking in the rear

Financial Insights For Multifamily LT 5

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 $77.9k $13.08
− Vacancy −$5.4k −$0.92
EGI $72.4k $12.16
− OpEx −$21.7k −$3.65
NOI $50.7k $8.52
5,952 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$724.0K
$633.5K – $844.7K (±1% cap)
NOI $50,682 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$582.4K
$509.6K – $679.5K (±1% cap)
NOI $40,770 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,830 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Four separate 2-bedroom, 1-bath units sit in a brick fourplex with separate utilities and rear off-street parking.
Where is this multifamily property located?
The property is located at 1109 Windsor Avenue Unit 1103 Columbus, OH.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Solid brick fourplex built in 1936 with four separate 2‑bedroom, 1‑bath units; Each unit has separate entrances and its own gas and electric utility meters; Corner lot with off‑street parking in the rear
More about this property
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