Furnished Duplex with Updated
1170 Oakwood Ave, Columbus, OH 43206
For Sale
$365,000
Two-bedroom units offer furnished interiors, modern finishes, and off-street parking near medical, downtown, and neighborhood destinations.
Property Size1,968 SF
Price / SF$185.47
Days on Market98
Property Features for 1170 Oakwood Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
second-story deck
privacy fence
Building Details
Year Built
Tenancy
Listing Agency:
Joseph Mosher, BHHS American Realty Center
Listed By:
Contact LOCAL Agent
(614) 291-1200
Source:
Realtyohio
Added: Aug 2
Changed: Nov 6
Last Checked: Nov 6 at 8:42AM
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 Joseph Mosher, BHHS American Realty Center
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Investment Insights
Based on property information with market context.
This duplex contains two separately configured units, each with 2 bedrooms and 1 full bath, totaling 1,968 square feet. Interior improvements include laminate flooring, granite countertops, stainless steel appliances, ceramic tile bathrooms, and decorative fireplaces. Furnishings are included with the property. Exterior features include a second-story deck, privacy fencing, and off-street parking. The building was constructed in 1929.
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$16,758
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,160
$335.2K
Cap Rate 7%
$239,400
$239.4K
Cap Rate 9%
$186,200
$186.2K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$25.7K $13.08/SF
− Vacancy
−$1.8K −$0.92/SF
EGI
$23.9K $12.16/SF
− OpEx
−$7.2K −$3.65/SF
NOI
$16.8K $8.52/SF
Area
Columbus, OH
Vacancy
7.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,160
Cap Rate 7%
$239,400
Cap Rate 9%
$186,200
Alternative Uses
Best Use
Multifamily LT 5
$239.4K
$209.5K – $279.3K
NOI $16,758 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$192.6K
$168.5K – $224.7K
NOI $13,480 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$410.1K
$358.9K – $478.5K
NOI $28,710 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
370
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
$280,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Columbus, OH
Properties on Market for Duplexes in Columbus
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units offer furnished interiors, modern finishes, and off-street parking near medical, downtown, and neighborhood destinations.
Where is this duplex located?
The property is located at 1170 Oakwood Ave Columbus, OH.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 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
