Updated Duplex with Private Outdoor
140 Dana Avenue Unit 140/142 Columbus, OH 43222
140 Dana Avenue Unit 140/142, Columbus, OH, 43222
$189,900
For Sale
$189,900
Two updated units with modern finishes and outdoor space offer a practical rental setup for investors or owner-occupants.
Property Size1,488 SF
Price / SF$127.62
Days on Market141
Property Features for 140 Dana Avenue Unit 140/142
General Information
- Standard status
- Active
- Size
- 1,488 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1911
Listing Agency
Myers Real Estate
(614) 554-1671
Listed by
Andrew P Myers · License #2002009785
(614) 554-1671
Source
Compass
Added: Feb 25 Checked: Jul 16 at 8:04 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 Myers Real Estate
Investment Insights
Based on property information with market context.
This updated duplex includes two separate homes: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Both units were substantially improved in 2021 with new windows, furnaces, water tanks, LVP flooring, and fully upgraded modernized bathrooms. The 1-bedroom unit also features a renovated kitchen with new cabinets, countertops, and a stainless-steel appliance package including a refrigerator, range, dishwasher, and microwave.
The property provides outdoor areas for everyday use. A large balcony and porch create an additional private living space, complemented by a fenced-in front yard and a full backyard.
For tenants or buyers seeking straightforward duplex living, the unit mix supports flexible occupancy and leasing options. The 2021 capital updates and refreshed interior finishes can help reduce near-term maintenance items while keeping the homes well positioned for rental demand.
The property provides outdoor areas for everyday use. A large balcony and porch create an additional private living space, complemented by a fenced-in front yard and a full backyard.
For tenants or buyers seeking straightforward duplex living, the unit mix supports flexible occupancy and leasing options. The 2021 capital updates and refreshed interior finishes can help reduce near-term maintenance items while keeping the homes well positioned for rental demand.
Key Highlights
- Updated duplex built in 1911 with 2 units: 2 bed/1 bath and 1 bed/1 bath
- Major capital improvements completed in 2021, including new windows, furnaces, and water tanks
- Both units upgraded with LVP flooring and completely upgraded, modernized bathrooms
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 | $19.5k | $13.08 |
| − Vacancy | −$1.4k | −$0.92 |
| EGI | $18.1k | $12.16 |
| − OpEx | −$5.4k | −$3.65 |
| NOI | $12.7k | $8.52 |
1,488 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$181.0K
$158.4K – $211.2K
NOI $12,670 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$145.6K
$127.4K – $169.9K
NOI $10,193 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$310.1K
$271.3K – $361.8K
NOI $21,707 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two updated units with modern finishes and outdoor space offer a practical rental setup for investors or owner-occupants.
Where is this duplex located?
The property is located at 140 Dana Avenue Unit 140/142 Columbus, OH.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Updated duplex built in 1911 with 2 units: 2 bed/1 bath and 1 bed/1 bath; Major capital improvements completed in 2021, including new windows, furnaces, and water tanks; Both units upgraded with LVP flooring and completely upgraded, modernized bathrooms
