Columbus Duplex For
200-202 North Harris Avenue Columbus, OH 43204
200-202 North Harris Avenue, Columbus, OH, 43204
$295,000
For Sale
$295,000
Tenant-occupied duplex with recent updates in Columbus, Ohio.
Property Size2,542 SF
Price / SF$116.05
Days on Market773
Property Features for 200-202 North Harris Avenue
General Information
- Standard status
- Active
- Size
- 2,542 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1920
Listing Agency
Myers Real Estate
(614) 554-1671
Listed by
Andrew P Myers · License #2002009785
(614) 554-1671
Source
Compass
Added: Jun 4, 2024 Checked: Jul 16 at 7:15 am
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 Myers Real Estate
Investment Insights
Based on property information with market context.
This multifamily property in Columbus, Ohio, features two tenant-occupied units. The property has been updated with new windows and interior flooring. The total property size is 2542 square feet.
Key Highlights
- Tenant occupied units
- Recent updates including new windows
- Recent updates including new interior flooring
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 | $33.2k | $13.08 |
| − Vacancy | −$2.3k | −$0.92 |
| EGI | $30.9k | $12.16 |
| − OpEx | −$9.3k | −$3.65 |
| NOI | $21.6k | $8.52 |
2,542 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$309.2K
$270.6K – $360.8K
NOI $21,645 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$248.7K
$217.7K – $290.2K
NOI $17,412 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$529.8K
$463.6K – $618.1K
NOI $37,084 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Tenant-occupied duplex with recent updates in Columbus, Ohio.
Where is this duplex located?
The property is located at 200-202 North Harris Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Tenant occupied units; Recent updates including new windows; Recent updates including **new interior flooring**
