1170 Oakwood Avenue, Columbus, OH 43206
Two-bedroom units offer furnished interiors, modern finishes, and off-street parking near medical, downtown, and neighborhood destinations.
Property Features for 1170 Oakwood Avenue
General Information
Taxes and HOA fees
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Located at 1170 Oakwood Avenue in Columbus, the property is near Nationwide Children’s Hospital, German Village, and downtown Columbus. Seller-provided operating history indicates approximately 80% short-term rental occupancy. Booking records, revenue, expenses, permits, taxes, and platform statements should be verified during due diligence.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bath per unit
- 1,968 square feet of combined living area
- Updated laminate flooring, granite countertops, stainless steel appliances, and ceramic tile baths
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 | $25.7k | $13.08 |
| − Vacancy | −$1.8k | −$0.92 |
| EGI | $23.9k | $12.16 |
| − OpEx | −$7.2k | −$3.65 |
| NOI | $16.8k | $8.52 |
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Demographics for 43206, OH
Market
Vacancy Rate% for Multifamily in Midwest region