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Turn-Key 10-Bedroom Duplex

1355 Dennison Avenue Unit 1357 Columbus, OH 43201

1355 Dennison Avenue Unit 1357, Columbus, OH, 43201
$739,900
For Sale
$739,900

Furnished 10-bedroom duplex with two off-street parking spaces in a walkable OSU/Short North corridor.

Property Size3,713 SF
Price / SF$199.27
Days on Market114

Property Features for 1355 Dennison Avenue Unit 1357

General Information

Standard status
Active
Size
3,713 SF
Property subtype
Multi-Family / Twin Single

Building Details

Year Built
1890
Listing Agency Keller Williams Consultants
Listed by Troy A Marsh · License #2004013263
Source Compass
Added: Mar 26 Checked: Jul 17 at 3:48 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 Keller Williams Consultants


Investment Insights

Based on property information with market context.

This turn-key duplex offers two high-density units, each with a 5-bedroom, 2-bathroom layout. The configuration places three bedrooms on the second floor and two on the third, supporting a group-friendly “large house” feel. The property is fully furnished and positioned for immediate occupancy, with two dedicated off-street parking spots included for residents.

Located in one of Columbus’s most walkable corridors, it places occupants within walking distance of OSU and the Wexner Medical Center, as well as the South/West Campus and Kroger. The address is also described as close to the dining, retail, and galleries of the Short North Arts District.

This setup is designed for renters who want space and convenience without relying on vehicle access, including student groups or medical professionals seeking mid-term housing. With furnishings already in place and parking assigned, the duplex can be a practical fit for tenants looking to move in quickly and for owners seeking a straightforward, plug-and-play operation.

Key Highlights

  • Furnished 10‑bedroom duplex in Columbus’s walkable OSU/Short North corridor
  • Two units with a high‑density 5‑bedroom, 2‑bathroom layout per unit (3 bedrooms on 2nd floor, 2 on 3rd)
  • Central air and forced‑air gas heat

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 (±1% cap)
NOI $31,616 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$363.3K
$317.9K – $423.9K (±1% cap)
NOI $25,433 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$773.8K
$677.1K – $902.8K (±1% cap)
NOI $54,167 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Food Market Law Firm Daycare Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Acupuncture Furniture & Home Goods (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Furnished 10-bedroom duplex with two off-street parking spaces in a walkable OSU/Short North corridor.
Where is this duplex located?
The property is located at 1355 Dennison Avenue Unit 1357 Columbus, OH.
What is the asking price?
The asking price for this property is $739,900.
What are key features of this property?
This property features: Furnished 10‑bedroom duplex in Columbus’s walkable OSU/Short North corridor; Two units with a high‑density 5‑bedroom, 2‑bathroom layout per unit (3 bedrooms on 2nd floor, 2 on 3rd); Central air and forced‑air gas heat
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