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    261 E Northwood Ave, Unit 40 Columbus, OH 43201

    For Sale
    $554,900

    Triplex near OSU campus with three townhome-style units.

    Lot size:
    0.07 Acres

    Property Features for 261 E Northwood Ave

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1908

    Source: Keller Williams Classic Properties Realty Agent Richard Russo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Campus Area Triplex Investment Opportunity

    This all-brick building presents an investment opportunity in the OSU Campus area. The property features three townhome-style units, each containing three bedrooms, with one bedroom located on the main level. Each unit includes one full bath, a kitchen equipped with granite countertops and black appliances, and a private basement with washer and dryer hookups. The property provides two off-street shared parking spots situated directly behind the building. Tenants are responsible for covering utility costs. Currently, one of the units is vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -83.0024007
    Latitude
    40.00755

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    FAQs

    What type of property is this?
    Triplex - Triplex near OSU campus with three townhome-style units.
    Where is this triplex located?
    The property is located at 261 E Northwood Ave, Unit 40 Columbus, OH.
    What is the asking price?
    The asking price for this property is $554,900.
    What are key features of this property?
    This property features: - Investment opportunity in the OSU Campus area.; - Three townhome-style units, each with 3 bedrooms.; - Granite countertops and black appliances in each kitchen.
    Request Owner's contact information
    261 E Northwood Ave, Unit 40 Columbus, OH 43201
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    Columbus, OH 43201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    261 E Northwood Ave, Unit 40 Columbus, OH 43201
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