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For sale
Duplexes
OH
Columbus
43201
1374-1376 Indianola Avenue

Brick Duplex in Prime Location

1374-1376 Indianola Avenue Columbus, OH 43201

1374-1376 Indianola Avenue, Columbus, OH, 43201

$499,900

For Sale

$499,900

Investment opportunity: brick duplex near Kroger, Italian Village, Short North.

Property Size2,521 SF

Price / SF$198.29

AddedMay 10

Days on Market68

Last RefreshJul 16 at 6:11 am

Property Features for 1374-1376 Indianola Avenue

General Information

Standard status: Active
Size: 2,521 SF
Property subtype: Multi-Family / Duplex

Building Details

Year Built: 1918

Listing office Keller Williams Greater Cols

Listing date May 10, 2026

Source Compass

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 Greater Cols

Investment Insights

Based on property information with market context.

This brick duplex presents an investment opportunity. Each unit features three bedrooms and one bathroom, along with separate basements for storage and a utility room. A parking lot provides space for six cars. Property improvements include basement waterproofing, AC and heat systems replaced within the last four years in unit 1374, recent new washers and dryers in both units, recent new sump pumps, a new skylight in unit 1374, a new dishwasher in 1376, and deck maintenance. The roof is six years old. The property is located a five-minute walk to Kroger and Italian Village, a ten-minute walk to the Short North, and less than a 15-minute walk to OSU Student Union. The property is suitable for conventional loans and cash flows monthly with tenants. The property size is 2521 square feet.

Key Highlights

Assumable mortgage rate of 4.453% from the seller.
Duplex featuring two units, each with three bedrooms and one bathroom.
Excellent location: short walk to Kroger, Italian Village, Short North, and OSU Student Union.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$33.0k	$13.08
− Vacancy	−$2.3k	−$0.92
EGI	$30.7k	$12.16
− OpEx	−$9.2k	−$3.65
NOI	$21.5k	$8.52

2,521 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$306.7K

$268.3K – $357.8K (±1% cap)

NOI $21,467 @ 7.0% cap · market cap 4.29%

Second Best

Apartment 5plus

$246.7K

$215.9K – $287.8K (±1% cap)

NOI $17,268 @ 7.0% cap · market cap 3.45%

Theoretical Best

Office A

$525.4K

$459.7K – $613.0K (±1% cap)

NOI $36,777 @ 7.0% cap · market cap 7.36%

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

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For sale
Duplexes
OH
Columbus
43201
1374-1376 Indianola Avenue

What type of property is this?

Duplex - Investment opportunity: brick duplex near Kroger, Italian Village, Short North.

Where is this duplex located?

The property is located at 1374-1376 Indianola Avenue 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: Assumable mortgage rate of 4.453% from the seller.; Duplex featuring two units, each with three bedrooms and one bathroom.; Excellent location: short walk to Kroger, Italian Village, Short North, and OSU Student Union.