Well-Maintained Duplex
1335 East 25th Avenue Columbus, OH 43211
1335 East 25th Avenue, Columbus, OH, 43211
$199,000
For Sale
$199,000
Two occupied 2-bedroom, 1-bath units with recent mechanical updates, sold as-is under investor-focused terms.
Property Size1,792 SF
Price / SF$111.05
Days on Market10
Property Features for 1335 East 25th Avenue
General Information
- Standard status
- Active
- Size
- 1,792 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1952
Listing agency
Heart & HomePropertyManagement
(614) 581-4057
Listed by
Cheryl D Morgan · License #2017006363
(614) 581-4057
Source
Compass
Added: Jul 13 Updated: Jul 21 at 6:57AM Checked: Jul 22 at 10:48AM
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 Heart & HomePropertyManagement
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two spacious 2-bedroom, 1-bath units. Unit 1335 includes updated flooring throughout and a new central air system installed in 2022. Unit 1337 features LVP flooring on the main level and carpet upstairs, with a new furnace and hot water tank added in 2023. Both units are currently occupied, and the property is described as professionally managed. The property is being sold as-is, and 48-hour notice is required for showings.
The address is 1335 East 25th Avenue in Columbus, Ohio, and the listing remarks reference the Linden area. The opportunity is presented as an investor purchase with existing in-place occupancy.
As configured, the building provides two separate residential units, each with its own 2-bedroom, 1-bath layout.
The address is 1335 East 25th Avenue in Columbus, Ohio, and the listing remarks reference the Linden area. The opportunity is presented as an investor purchase with existing in-place occupancy.
As configured, the building provides two separate residential units, each with its own 2-bedroom, 1-bath layout.
Key Highlights
- Double with two occupied 2‑bedroom, 1‑bath units, currently renting for $950 and $1000 per month
- Central air: new central air system installed in 2022 for unit 1335
- Unit 1337 includes a new furnace and a new hot water tank added in 2023
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 | $23.4k | $13.08 |
| − Vacancy | −$1.6k | −$0.92 |
| EGI | $21.8k | $12.16 |
| − OpEx | −$6.5k | −$3.65 |
| NOI | $15.3k | $8.52 |
1,792 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$218.0K
$190.7K – $254.3K
NOI $15,259 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$175.4K
$153.4K – $204.6K
NOI $12,275 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$373.5K
$326.8K – $435.7K
NOI $26,142 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two occupied 2-bedroom, 1-bath units with recent mechanical updates, sold as-is under investor-focused terms.
Where is this duplex located?
The property is located at 1335 East 25th Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Double with two occupied 2‑bedroom, 1‑bath units, currently renting for $950 and $1000 per month; Central air: new central air system installed in 2022 for unit 1335; Unit 1337 includes a new furnace and a new hot water tank added in 2023
