Well-Maintained Duplex
1147 Eastfield Road Unit 1149 Columbus, OH 43085
For Sale
$394,900
Two-unit duplex with dedicated off-street parking and in-unit washer/dryer hookups for straightforward rental use.
Property Size1,600 SF
Price / SF$246.81
Days on Market56
Property Features for 1147 Eastfield Road Unit 1149
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1959
Listing Agency:
Villa Real Estate Consultants
(614) 444-1111
Listed By:
Karen R Clum · License #2006001984
(614) 444-1111
Source:
Compass
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 26 at 1:55PM
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 Villa Real Estate Consultants
Investment Insights
Based on property information with market context.
This single-building duplex offers two spacious, garden-style units in a well-maintained property. Each unit includes dedicated washer/dryer hook-ups, large closets, and a mix of hardwood and vinyl flooring. Interior details include mini-blinds and crown molding in select areas. The building has newer windows throughout most of the property, and the attic includes blown-in insulation, supporting a more energy-conscious setup.
The property provides dedicated off-street parking for tenants. The location is described as Old Worthington, with quick and easy access to local freeways and within close proximity to amenities in the area. Please note curb offers only at this time, and tenants should not be disturbed.
For buyers seeking a manageable residential income asset, this duplex configuration supports either an owner-occupant arrangement—living in one unit while renting the other—or a traditional rental investment approach. With in-unit laundry hookups and dedicated tenant parking already in place, the property is positioned for day-to-day livability and practical tenant turnover.
The property provides dedicated off-street parking for tenants. The location is described as Old Worthington, with quick and easy access to local freeways and within close proximity to amenities in the area. Please note curb offers only at this time, and tenants should not be disturbed.
For buyers seeking a manageable residential income asset, this duplex configuration supports either an owner-occupant arrangement—living in one unit while renting the other—or a traditional rental investment approach. With in-unit laundry hookups and dedicated tenant parking already in place, the property is positioned for day-to-day livability and practical tenant turnover.
Key Highlights
- Two‑unit duplex in Old Worthington, built in 1959
- Central air and gas forced‑air heating
- Garden‑style layout with dedicated off‑street parking for tenants
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 | $20.9k | $13.08 |
| − Vacancy | −$1.5k | −$0.92 |
| EGI | $19.5k | $12.16 |
| − OpEx | −$5.8k | −$3.65 |
| NOI | $13.6k | $8.52 |
1,600 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$194.6K
$170.3K – $227.1K
NOI $13,624 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$156.6K
$137.0K – $182.7K
NOI $10,960 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$333.4K
$291.8K – $389.0K
NOI $23,341 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with dedicated off-street parking and in-unit washer/dryer hookups for straightforward rental use.
Where is this duplex located?
The property is located at 1147 Eastfield Road Unit 1149 Columbus, OH.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: Two‑unit duplex in Old Worthington, built in 1959; Central air and gas forced‑air heating; Garden‑style layout with dedicated off‑street parking for tenants
