Brick Four-Unit Residential
1426 Meadow Road Columbus, OH 43212
1426 Meadow Road, Columbus, OH, 43212
$935,000
For Sale
$935,000
Solid brick fourplex with updated 1-bedroom units and a 4-car garage for tenants or an owner-occupant plan.
Property Size3,996 SF
Price / SF$233.98
Days on Market138
Property Features for 1426 Meadow Road
General Information
- Standard status
- Active
- Size
- 3,996 SF
- Property subtype
- Multi-Family / Midrise
Building Details
- Year Built
- 1945
Listing agency
The Brokerage House
(614) 537-4867
Listed by
Benjamin J Goodman · License #2015003701
(614) 537-4867
Source
Compass
Added: Mar 7 Updated: Jul 10 at 1:52PM Checked: Jul 22 at 9:32AM
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 The Brokerage House
Investment Insights
Based on property information with market context.
This solid brick four-unit residential building offers efficient layouts across all units, with each unit featuring 1 bedroom and 1 full bath and updated finishes. The property also includes a 4-car garage, providing off-street parking and additional convenience for residents.
Located at 1426 Meadow Road in Columbus, Ohio, the building sits just outside Grandview and is positioned near Grandview’s vibrant community. The overall combination of a multi-unit setup and a garage supports everyday practicality for tenant living.
For investors, the asset provides a straightforward four-unit configuration with consistently sized 1-bedroom, 1-bath layouts. For owner-occupants, it can also support a live-in-and-rent approach, with separate units and dedicated off-street parking through the included garage. The property is offered for sale at $935,000.
Located at 1426 Meadow Road in Columbus, Ohio, the building sits just outside Grandview and is positioned near Grandview’s vibrant community. The overall combination of a multi-unit setup and a garage supports everyday practicality for tenant living.
For investors, the asset provides a straightforward four-unit configuration with consistently sized 1-bedroom, 1-bath layouts. For owner-occupants, it can also support a live-in-and-rent approach, with separate units and dedicated off-street parking through the included garage. The property is offered for sale at $935,000.
Key Highlights
- Solid brick fourplex built in 1945, with each unit offering 1 bedroom and 1 full bath
- Updated finishes in the 1‑bedroom units with efficient layouts
- Central air cooling and gas forced‑air heating
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 | $52.3k | $13.08 |
| − Vacancy | −$3.7k | −$0.92 |
| EGI | $48.6k | $12.16 |
| − OpEx | −$14.6k | −$3.65 |
| NOI | $34.0k | $8.52 |
3,996 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$486.1K
$425.3K – $567.1K
NOI $34,026 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$391.0K
$342.2K – $456.2K
NOI $27,372 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$832.8K
$728.7K – $971.6K
NOI $58,295 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Solid brick fourplex with updated 1-bedroom units and a 4-car garage for tenants or an owner-occupant plan.
Where is this quadplex located?
The property is located at 1426 Meadow Road Columbus, OH.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: Solid brick fourplex built in 1945, with each unit offering 1 bedroom and 1 full bath; Updated finishes in the 1‑bedroom units with efficient layouts; Central air cooling and gas forced‑air heating
