1447 E Main Street #1447 Columbus, OH 43205
Eleven units in Olde Towne East, all in turn-key condition.
Property Features for 1447 E Main Street #1447
General Information
- Standard status
- Active
- Size
- 10,004 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1912
Listing office Carriage Trade Realty, Inc. (614) 296-5784
Listing date May 7, 2026
Source Crexi
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 Carriage Trade Realty, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Turn‑key condition 11‑unit property in Olde Towne East.
- Two buildings on one parcel, including commercial storefronts.
- Fully occupied with updated units and good tenants.
Local Financial Insights For Apartment 5plus
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 | $133.3k | $13.32 |
| − Vacancy | −$8.7k | −$0.87 |
| EGI | $124.6k | $12.45 |
| − OpEx | −$56.1k | −$5.60 |
| NOI | $68.5k | $6.85 |
