2-Unit Duplex with Full
New
For Sale
$189,900
1126 E 17th Ave, Columbus, OH 43211
Each residence offers two bedrooms and one full bathroom, with outdoor areas including a porch and balcony.
Property Size2,256 SF
Price / SF$84.18
Days on Market3
Property Features for 1126 E 17th Ave
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
front porch
upper-level balcony
fenced front yard
oversized backyard
full basement
Building Details
Year Built
1925
Buildings
1
Listing Agency:
Brian Thompson, Howard Hanna Real Estate Svcs
Listed By:
Contact LOCAL Agent
(614) 291-1200
Source:
Realtyohio
Added: Oct 16
Last Checked: Oct 16 at 8:08AM
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 Brian Thompson, Howard Hanna Real Estate Svcs
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Investment Insights
Based on property information with market context.
This 2,256-square-foot duplex, built in 1925, contains two residences, each arranged with two bedrooms and one full bathroom. A full basement provides storage space. Outdoor features include a front porch, an upper-level balcony, a fenced front yard, and an oversized backyard.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- 2,256 square feet; built in 1925
- Full basement provides storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,453
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,060
$309.1K
Cap Rate 7%
$220,757
$220.8K
Cap Rate 9%
$171,700
$171.7K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$30.0K $13.32/SF
− Vacancy
−$2.0K −$0.87/SF
EGI
$28.1K $12.45/SF
− OpEx
−$12.6K −$5.60/SF
NOI
$15.5K $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%
$309,060
Cap Rate 7%
$220,757
Cap Rate 9%
$171,700
Alternative Uses
Best Use
Multifamily LT 5
$274.4K
$240.1K – $320.2K
NOI $19,210 @ 7.0% cap · market cap 10.12%
Second Best
Apartment 5plus
$220.8K
$193.2K – $257.6K
NOI $15,453 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$470.2K
$411.4K – $548.5K
NOI $32,911 @ 7.0% cap · market cap 17.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Explore this area
Business Placement
Demographics for 43211, OH
23,160
Population
9,956
Households
2.3
Avg Household Size
32
Median Age
11%
College-Educated
77%
High-School Grad
4.7 sq mi
ZIP Area
4,928
Density / Sq Mi
$38,715
Median Household Income
$28,601
Median Earnings
$1,057
Median Rent
$91,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms and one full bathroom, with outdoor areas including a porch and balcony.
Where is this duplex located?
The property is located at 1126 E 17th Ave Columbus, OH.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; 2,256 square feet; built in 1925; Full basement provides storage space
