Residential Income Property with
For Sale
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1125 Wilson Avenue, Columbus, OH 43206
Three bedrooms, separate living and dining rooms, and included laundry equipment create a practical residential layout.
Property Size1,134 SF
Price / SF$1.10
Days on Market249
Property Features for 1125 Wilson Avenue
General Information
Standard status
Active
Size
1,134 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1.5BA
Multifamily Units
1
Amenities
washer & dryer
basement
Forced Air
Central Air
Dishwasher
Gas Range
Microwave
Refrigerator
Building Details
Building Size
1,134 SF
Year Built
1929
Listing Agency:
Keller Williams Greater Columbus Realty
Listed By:
Tracy Keffer · License #2014005256
(614) 949-4270
Source:
Kw
Added: Feb 14
Changed: Oct 21
Last Checked: Oct 21 at 12:48AM
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 Greater Columbus Realty
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Investment Insights
Based on property information with market context.
This 1,134-square-foot residential income unit, built in 1929, offers three bedrooms, 1.5 baths, and a full basement for additional storage. Separate living and dining rooms provide distinct spaces within the floor plan. Washer and dryer are included, along with forced-air heating, central air conditioning, a dishwasher, gas range, microwave, and refrigerator.
The property is located at 1125 Wilson Avenue in Columbus, Ohio, with ZIP code 43206. Furniture may be purchased separately, and a furnished rental arrangement is also available. The combination of dedicated living areas, basement storage, laundry equipment, and established interior systems provides a clearly defined residential configuration.
The property is located at 1125 Wilson Avenue in Columbus, Ohio, with ZIP code 43206. Furniture may be purchased separately, and a furnished rental arrangement is also available. The combination of dedicated living areas, basement storage, laundry equipment, and established interior systems provides a clearly defined residential configuration.
Key Highlights
- 1,134‑square‑foot unit with three bedrooms and 1.5 baths
- Full basement provides additional storage
- Separate living and dining rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,768
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,360
$155.4K
Cap Rate 7%
$110,971
$111.0K
Cap Rate 9%
$86,311
$86.3K
Market Conditions
NOI Build-Up for 1,134 SF
Gross rent
$15.1K $13.32/SF
− Vacancy
−$982 −$0.87/SF
EGI
$14.1K $12.45/SF
− OpEx
−$6.4K −$5.60/SF
NOI
$7.8K $6.85/SF
Area
Columbus, OH
Vacancy
6.50%
Lease Rate
$13.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,360
Cap Rate 7%
$110,971
Cap Rate 9%
$86,311
Alternative Uses
Best Use
Apartment 5plus
$111.0K
$97.1K – $129.5K
NOI $7,768 @ 7.0% cap · market cap 621.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$236.3K
$206.8K – $275.7K
NOI $16,543 @ 7.0% cap · market cap 1,323.44%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
442
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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Frequently Asked Questions
What type of property is this?
Residential income property - Three bedrooms, separate living and dining rooms, and included laundry equipment create a practical residential layout.
Where is this residential income property located?
The property is located at 1125 Wilson Avenue Columbus, OH.
What are key features of this property?
This property features: 1,134‑square‑foot unit with three bedrooms and 1.5 baths; Full basement provides additional storage; Separate living and dining rooms
