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1375 South 6th Street Unit 13751377, Columbus, OH, 43207
Updated Duplex Investment

1375 South 6th Street Unit 13751377 Columbus, OH 43207

For Sale
$499,900

Well-maintained duplex with multiple updates and two units under expiring leases in 2026 and 2027.

Property Size2,352 SF
Price / SF$212.54
Days on Market157

Property Features for 1375 South 6th Street Unit 13751377

General Information

Standard status
Active
Size
2,352 SF
Property subtype
Multi-Family / Duplex

Building Details

Year Built
1926
Listing Agency: Myers Real Estate
Listed By: Andrew P Myers · License #2002009785
Source: Compass
Added: Feb 16 Changed: Jul 23 Last Checked: Jul 23 at 8:41AM

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 Myers Real Estate


Investment Insights

Based on property information with market context.

This well-maintained duplex features many updates and provides a two-unit residential income setup. The property is currently producing combined rent of $2,225, with lease terms expiring 9/26 and 7/27.

The duplex is offered for sale with curb offers only, and it is listed as a residential income property within a multifamily duplex configuration.

The information provided does not specify unit sizes, bedroom counts, or additional building details beyond the updates and lease expiration timing.

Key Highlights

  • Duplex built in 1926 with central air and gas forced‑air heat
  • Combined rent is $2,225
  • Current leases expire 9/26 and 7/27

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 $40.9k $17.40
− Vacancy −$3.1k −$1.31
EGI $37.9k $16.10
− OpEx −$11.4k −$4.83
NOI $26.5k $11.27
2,352 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$378.6K
$331.2K – $441.7K (±1% cap)
NOI $26,499 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$347.2K
$303.8K – $405.1K (±1% cap)
NOI $24,305 @ 7.0% cap · market cap 4.86%
Theoretical Best
Warehouse
$474.1K
$414.8K – $553.1K (±1% cap)
NOI $33,184 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Food Market (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Computer & Electronic Repair (Bike/Boat/Book/etc) Store Home Appliance Store

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex with multiple updates and two units under expiring leases in 2026 and 2027.
Where is this duplex located?
The property is located at 1375 South 6th Street Unit 13751377 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: Duplex built in 1926 with central air and gas forced‑air heat; Combined rent is $2,225; Current leases expire 9/26 and 7/27
More about this property
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