Multi-Unit Property For
436-438 South Champion Avenue Columbus, OH 43205
436-438 South Champion Avenue, Columbus, OH, 43205
$299,900
For Sale
$299,900
Duplex with investment potential, featuring two units with two bedrooms.
Property Size1,720 SF
Price / SF$174.36
Days on Market447
Property Features for 436-438 South Champion Avenue
General Information
- Standard status
- Active
- Size
- 1,720 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1913
Listing Agency
MAINSTAY BROKERAGE LLC
(800) 583-2914
Listed by
Eva Hockenberry · License #3594602
(800) 583-2914
Source
Compass
Added: Apr 26, 2025 Checked: Jul 16 at 6:39 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 MAINSTAY BROKERAGE LLC
Investment Insights
Based on property information with market context.
This multi-unit property presents a living space and investment opportunity. The duplex includes two units, each featuring two bedrooms and one and a half bathrooms. The property size is 1720 square feet.
Key Highlights
- Duplex configuration offers both living space and investment potential.
- Each unit contains two bedrooms.
- Each unit contains one and a half bathrooms.
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 | $22.5k | $13.08 |
| − Vacancy | −$1.6k | −$0.92 |
| EGI | $20.9k | $12.16 |
| − OpEx | −$6.3k | −$3.65 |
| NOI | $14.6k | $8.52 |
1,720 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$209.2K
$183.1K – $244.1K
NOI $14,646 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$168.3K
$147.3K – $196.4K
NOI $11,782 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$358.5K
$313.7K – $418.2K
NOI $25,092 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with investment potential, featuring two units with two bedrooms.
Where is this duplex located?
The property is located at 436-438 South Champion Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Duplex configuration offers both living space and investment potential.; Each unit contains two bedrooms.; Each unit contains one and a half bathrooms.
