Two-Unit Multifamily
1355-1357 Dennison Ave Columbus, OH 43201
1355-1357 Dennison Ave, Columbus, OH, 43201
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For Sale
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Two-unit multifamily property offered for sale as a duplex configuration.
Property Size3,713 SF
Price / SF$215.19
Days on Market118
Property Features for 1355-1357 Dennison Ave
General Information
- Standard status
- Active
- Size
- 3,713 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1890
Listing Agency
Keller Williams Consultants
(614) 325-8394
Listed by
Troy A Marsh · License #2004013263
Source
Crexi
Added: Mar 26 Updated: Jul 20 at 4:03 pm Checked: Jul 20 at 4:03 pm
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 Consultants
Investment Insights
Based on property information with market context.
This is a two-unit multifamily duplex offered for sale. The property provides two separate units within a single duplex structure, suited for residential income use.
The address is 1355-1357 Dennison Ave in Columbus, Ohio. The listing does not provide additional details on unit layout, condition, or interior features.
With a total property size listed at 3,713, this duplex presents a straightforward two-unit residential income configuration within the given offering.
The address is 1355-1357 Dennison Ave in Columbus, Ohio. The listing does not provide additional details on unit layout, condition, or interior features.
With a total property size listed at 3,713, this duplex presents a straightforward two-unit residential income configuration within the given offering.
Key Highlights
- Two‑unit multifamily property offered for sale as a duplex configuration
- Built in 1890
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 | $48.6k | $13.08 |
| − Vacancy | −$3.4k | −$0.92 |
| EGI | $45.2k | $12.16 |
| − OpEx | −$13.5k | −$3.65 |
| NOI | $31.6k | $8.52 |
3,713 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$451.7K
$395.2K – $526.9K
NOI $31,616 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$363.3K
$317.9K – $423.9K
NOI $25,433 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$773.8K
$677.1K – $902.8K
NOI $54,167 @ 7.0% cap · market cap 6.78%
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-unit multifamily property offered for sale as a duplex configuration.
Where is this duplex located?
The property is located at 1355-1357 Dennison Ave Columbus, OH.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑unit multifamily property offered for sale as a duplex configuration; Built in 1890
