Four-Unit Townhome-Style
1212-1218 Wilson Avenue Columbus, OH 43206
For Sale
$520,000
Fully occupied quadplex with spacious 2-bedroom, 1-bath townhome-style units and private basements.
Property Size6,864 SF
Price / SF$75.76
Days on Market331
Property Features for 1212-1218 Wilson Avenue
General Information
- Standard status
- Active
- Size
- 6,864 SF
- Property subtype
- Multi-Family / Townhouse
Building Details
- Year Built
- 1941
Listing Agency:
Keller Williams Greater Cols
(614) 725-7691
Listed By:
Vanessa Ladd · License #2022002382
(614) 725-7691
Source:
Compass
Added: Aug 28, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:18AM
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 Keller Williams Greater Cols
Investment Insights
Based on property information with market context.
This fully occupied four-unit multifamily features spacious townhome-style layouts. Each unit offers 2 bedrooms, 1 bath, and a private dry basement. Tenants provide their own washer/dryer.
The property includes street parking and a 4-car garage. Tenants pay gas and electric, while the owner pays water and sewer. The roof was replaced in 2021, and the water line service has been updated throughout the property.
Units are long-term occupied, supporting stable and consistent income. The existing garage presents an opportunity to potentially generate additional income through garage rent.
The property includes street parking and a 4-car garage. Tenants pay gas and electric, while the owner pays water and sewer. The roof was replaced in 2021, and the water line service has been updated throughout the property.
Units are long-term occupied, supporting stable and consistent income. The existing garage presents an opportunity to potentially generate additional income through garage rent.
Key Highlights
- Fully occupied four‑unit multifamily with 2‑bedroom, 1‑bath townhome‑style units
- Each unit includes a private dry basement; tenants provide their own washer/dryer
- Total gross rents are $2,950/month; long‑term occupancy in place
Financial Insights For Apartment 5plus
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 | $91.4k | $13.32 |
| − Vacancy | −$5.9k | −$0.87 |
| EGI | $85.5k | $12.45 |
| − OpEx | −$38.5k | −$5.60 |
| NOI | $47.0k | $6.85 |
6,864 SF · lease $13.32/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$835.0K
$730.6K – $974.1K
NOI $58,448 @ 7.0% cap · market cap 11.24%
Second Best
Apartment 5plus
$671.7K
$587.7K – $783.6K
NOI $47,017 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,134 @ 7.0% cap · market cap 19.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Fully occupied quadplex with spacious 2-bedroom, 1-bath townhome-style units and private basements.
Where is this quadplex located?
The property is located at 1212-1218 Wilson Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Fully occupied four‑unit multifamily with 2‑bedroom, 1‑bath townhome‑style units; Each unit includes a private dry basement; tenants provide their own washer/dryer; Total gross rents are $2,950/month; long‑term occupancy in place
