1150 South Ohio Avenue Unit 1152 Columbus, OH 43206
Turnkey, fully occupied duplex with renovated kitchens and baths and a new roof installed in 2026.
Property Features for 1150 South Ohio Avenue Unit 1152
General Information
- Standard status
- Active
- Size
- 2,576 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1926
Listing office Red 1 Realty (614) 530-7617
Listing date Feb 20, 2026
Source Compass
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Investment Insights
Based on property information with market context.
The property is located at 1150 South Ohio Avenue, Unit 1152, Columbus, OH 43206. Curb offers are offered only, with showings scheduled after an accepted offer.
For buyers seeking a residential income property with current occupancy and substantial capital improvements already completed, this duplex offers a practical setup. Rental income is already in place, with unit 1152 at $1,525 per month and unit 1150 at $1,475 per month. With the roof, water heaters, and core interior updates addressed, the property is positioned for low immediate maintenance needs while generating income from day one.
Key Highlights
- Fully occupied duplex with monthly rents of $1,525 (1152) and $1,475 (1150)
- New roof installed in 2026
- Both units updated bathrooms with glass‑door stand‑up showers
Local 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 | $33.7k | $13.08 |
| − Vacancy | −$2.4k | −$0.92 |
| EGI | $31.3k | $12.16 |
| − OpEx | −$9.4k | −$3.65 |
| NOI | $21.9k | $8.52 |
