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Italian Village Occupied Duplex

143 East 3rd Avenue Columbus, OH 43201

143 East 3rd Avenue, Columbus, OH, 43201

$525,250

For Sale

$525,250

Italian Village duplex with front porch and fenced backyard.

Property Size2,464 SF

Price / SF$213.17

AddedMay 7

Days on Market71

Last RefreshJul 16 at 6:34 am

Property Features for 143 East 3rd Avenue

General Information

Standard status: Active
Size: 2,464 SF
Property subtype: Multi-Family / Duplex

Building Details

Year Built: 1900

Listing office Cutler Real Estate

Listing date May 7, 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 Cutler Real Estate

Investment Insights

Based on property information with market context.

This is a duplex located in Italian Village. Each side features 3 bedrooms and 1.5 baths. The property includes a front porch and a fenced-in backyard. Each unit has access to a single-car garage. The property is 100% occupied, with tenants responsible for all utilities. The property generates an annual income of $51,600. The property size is 2464 square feet.

Key Highlights

Annual income of $51,600
100% Occupied
Italian Village Double

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$32.2k	$13.08
− Vacancy	−$2.3k	−$0.92
EGI	$30.0k	$12.16
− OpEx	−$9.0k	−$3.65
NOI	$21.0k	$8.52

2,464 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$299.7K

$262.3K – $349.7K (±1% cap)

NOI $20,981 @ 7.0% cap · market cap 3.99%

Second Best

Apartment 5plus

$241.1K

$211.0K – $281.3K (±1% cap)

NOI $16,878 @ 7.0% cap · market cap 3.21%

Theoretical Best

Office A

$513.5K

$449.3K – $599.1K (±1% cap)

NOI $35,946 @ 7.0% cap · market cap 6.84%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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