Remodeled
145 - 147 W Como Ave, Columbus, OH 43202
For Sale
New
$515,000
Pending
Both residences offer three bedrooms and one bathroom, with updated kitchens and baths.
Property Size2,520 SF
Days on Market5
Property Features for 145 - 147 W Como Ave
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
custom cabinets
granite counters
newer appliances
hardwood floors
Building Details
Year Built
Listing Agency:
Suzanne Smith, Howard Hanna Real Estate Svcs
Listed By:
The Daniel Team
(614) 402-5212
Source:
Newdirectionsrealtyltd
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 8:35AM
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 Suzanne Smith, Howard Hanna Real Estate Svcs
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Investment Insights
Based on property information with market context.
Built in 1925, this duplex contains two residences of 1,260 square feet each, for 2,520 square feet total. Each side has three bedrooms and one bathroom. Kitchen and bathroom renovations include custom cabinetry, granite countertops and newer appliances. Hardwood flooring was replaced during rehabilitation, and the property also has newer HVAC equipment and gas water heaters. The duplex is fully occupied.
The property is west of High Street and a short distance from schools, shopping and restaurants.
The property is west of High Street and a short distance from schools, shopping and restaurants.
Key Highlights
- Two units, each with 3 bedrooms and 1 bathroom
- 1,260 square feet per unit; 2,520 square feet total
- Renovated kitchens and bathrooms with custom cabinets and granite counters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,458
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,160
$429.2K
Cap Rate 7%
$306,543
$306.5K
Cap Rate 9%
$238,422
$238.4K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$33.0K $13.08/SF
− Vacancy
−$2.3K −$0.92/SF
EGI
$30.7K $12.16/SF
− OpEx
−$9.2K −$3.65/SF
NOI
$21.5K $8.52/SF
Area
Columbus, OH
Vacancy
7.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,160
Cap Rate 7%
$306,543
Cap Rate 9%
$238,422
Alternative Uses
Best Use
Multifamily LT 5
$306.5K
$268.2K – $357.6K
NOI $21,458 @ 7.0% cap · market cap 4.17%
Second Best
Apartment 5plus
$246.6K
$215.8K – $287.7K
NOI $17,262 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$525.2K
$459.5K – $612.7K
NOI $36,763 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
Explore this area
Business Placement
Demographics for 43202, OH
20,427
Population
10,055
Households
2
Avg Household Size
29
Median Age
62%
College-Educated
95%
High-School Grad
2.5 sq mi
ZIP Area
8,171
Density / Sq Mi
$65,689
Median Household Income
$36,412
Median Earnings
$1,170
Median Rent
$317,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Columbus, OH
Properties on Market for Duplexes in Columbus
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three bedrooms and one bathroom, with updated kitchens and baths.
Where is this duplex located?
The property is located at 145 - 147 W Como Ave Columbus, OH.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 bathroom; 1,260 square feet per unit; 2,520 square feet total; Renovated kitchens and bathrooms with custom cabinets and granite counters
