Updated Duplex with Private
For Sale
$499,900
1318-1320 N 4th St, Columbus, OH 43201
Condominiumized townhouse-style residences offer flexible ownership options, fenced outdoor space, and dedicated off-street parking.
Property Size2,460 SF
Price / SF$203.21
Days on Market49
Property Features for 1318-1320 N 4th St
General Information
Standard status
Active
Size
2,460 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Parking per Unit
2
Amenities
private front and rear porches
fenced backyard
Building Details
Year Built
1919
Listing Agency:
Samuel Roper, Td Realty Ohio, LLC
Listed By:
Contact LOCAL Agent
(614) 291-1200
Source:
Realtyohio
Added: Aug 19
Changed: Oct 6
Last Checked: Oct 5 at 6:37PM
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 Samuel Roper, Td Realty Ohio, LLC
Investment Insights
Based on property information with market context.
Built in 1919, this duplex contains two townhouse-style residences of approximately 1,230 square feet each. Every unit includes two bedrooms, one full bathroom, one half bathroom, and a flex area that can serve as an office or study. Living and dining rooms are complemented by kitchens with white cabinetry, granite counters, stainless steel appliances, and storage. Bathroom and window updates were completed in 2017, followed by luxury vinyl plank flooring, new carpet, and interior paint in 2026.
Both residences have private front and rear porches, fenced backyard access, and two assigned off-street parking spaces, for four spaces in total. The property has been condominiumized, providing additional ownership flexibility, and there is potential to add a garage. Located in Weinland Park at 1318-1320 N 4th Street, the duplex is minutes from the Short North Arts District's restaurants, retail, entertainment, and nightlife.
Both residences have private front and rear porches, fenced backyard access, and two assigned off-street parking spaces, for four spaces in total. The property has been condominiumized, providing additional ownership flexibility, and there is potential to add a garage. Located in Weinland Park at 1318-1320 N 4th Street, the duplex is minutes from the Short North Arts District's restaurants, retail, entertainment, and nightlife.
Key Highlights
- Two townhouse‑style units, each approximately 1,230 square feet
- Each residence includes 2 bedrooms, 1 full bath, 1 half bath, and a flex space
- Bathroom and window improvements completed in 2017; flooring, carpet, and paint updated in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,947
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,940
$418.9K
Cap Rate 7%
$299,243
$299.2K
Cap Rate 9%
$232,744
$232.7K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$32.2K $13.08/SF
− Vacancy
−$2.3K −$0.92/SF
EGI
$29.9K $12.16/SF
− OpEx
−$9.0K −$3.65/SF
NOI
$20.9K $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%
$418,940
Cap Rate 7%
$299,243
Cap Rate 9%
$232,744
Alternative Uses
Best Use
Multifamily LT 5
$299.2K
$261.8K – $349.1K
NOI $20,947 @ 7.0% cap · market cap 4.19%
Second Best
Apartment 5plus
$240.7K
$210.6K – $280.9K
NOI $16,851 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$512.7K
$448.6K – $598.1K
NOI $35,887 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,067
Businesses Nearby
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Business Placement
Demographics for 43201, OH
37,528
Population
17,484
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
12,106
Density / Sq Mi
$43,451
Median Household Income
$21,792
Median Earnings
$1,299
Median Rent
$438,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Condominiumized townhouse-style residences offer flexible ownership options, fenced outdoor space, and dedicated off-street parking.
Where is this duplex located?
The property is located at 1318-1320 N 4th St Columbus, OH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two townhouse‑style units, each approximately 1,230 square feet; Each residence includes 2 bedrooms, 1 full bath, 1 half bath, and a flex space; Bathroom and window improvements completed in 2017; flooring, carpet, and paint updated in 2026
