Two-Unit Historic
139 Columbus Street, Dayton, OH 45403
For Sale
$172,900
Separate apartments include a one-bedroom upstairs and a two-bedroom residence on the lower level.
Property Size1,464 SF
Price / SF$118.10
Days on Market13
Property Features for 139 Columbus Street
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
laundry
fenced yard
front porch
Finished,Partial
true
2
3
Assessor
Public
1385
.0318
0.0318
No Garage
Fence,Porch
1464
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Comey & Shepherd REALTORS
(937) 689-1013
Listed By:
Miranda K Biedenharn
(513) 319-4103
Source:
Johnsonwebbrealty
Added: Oct 26
Changed: Nov 4
Last Checked: Nov 6 at 8:23AM
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 Comey & Shepherd REALTORS
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Investment Insights
Based on property information with market context.
Built in 1919, this 1,464-square-foot duplex contains two apartments arranged on separate floors. The lower residence has two bedrooms, one bathroom, and laundry; the upper unit includes one bedroom and one bathroom. A front porch and fenced yard add outdoor features to the property. Windows and the furnace are approximately 5 years old, and the furnace flue pipe is new.
At 139 Columbus Street in Dayton, the property is within the Huffman Historic District. The upper apartment is leased on a one-year term, while the lower unit has also recently been rented.
At 139 Columbus Street in Dayton, the property is within the Huffman Historic District. The upper apartment is leased on a one-year term, while the lower unit has also recently been rented.
Key Highlights
- 1,464‑square‑foot duplex built in 1919
- Two‑bedroom, one‑bath lower apartment with laundry
- Upper apartment has one bedroom and one bathroom and is leased on a one‑year term
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,687
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,740
$313.7K
Cap Rate 7%
$224,100
$224.1K
Cap Rate 9%
$174,300
$174.3K
Market Conditions
NOI Build-Up for 1,464 SF
Gross rent
$23.7K $16.20/SF
− Vacancy
−$1.3K −$0.89/SF
EGI
$22.4K $15.31/SF
− OpEx
−$6.7K −$4.59/SF
NOI
$15.7K $10.72/SF
Area
Dayton, OH
Vacancy
5.51%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,740
Cap Rate 7%
$224,100
Cap Rate 9%
$174,300
Alternative Uses
Best Use
Multifamily LT 5
$224.1K
$196.1K – $261.5K
NOI $15,687 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$205.4K
$179.8K – $239.7K
NOI $14,381 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$312.0K
$273.0K – $364.0K
NOI $21,841 @ 7.0% cap · market cap 12.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
823
Businesses Nearby
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Business Placement
Demographics for 45403, OH
15,130
Population
7,429
Households
2
Avg Household Size
35
Median Age
11%
College-Educated
76%
High-School Grad
3.1 sq mi
ZIP Area
4,881
Density / Sq Mi
$36,250
Median Household Income
$33,438
Median Earnings
$742
Median Rent
$73,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Dayton, OH
Properties on Market for Duplexes in Dayton
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate apartments include a one-bedroom upstairs and a two-bedroom residence on the lower level.
Where is this duplex located?
The property is located at 139 Columbus Street Dayton, OH.
What is the asking price?
The asking price for this property is $172,900.
What are key features of this property?
This property features: 1,464‑square‑foot duplex built in 1919; Two‑bedroom, one‑bath lower apartment with laundry; Upper apartment has one bedroom and one bathroom and is leased on a one‑year term
