Brick Duplex with Screened
148-150 Clinton Heights Avenue Unit 148150 Columbus, OH 43202
148-150 Clinton Heights Avenue Unit 148150, Columbus, OH, 43202
$575,000
Pending
For Sale
$575,000
Pending
Two 3-bedroom units with screened porches, full basements, attic space, and updated HVAC on a fenced lot.
Property Size2,988 SF
Days on Market53
Property Features for 148-150 Clinton Heights Avenue Unit 148150
General Information
- Standard status
- Pending
- Size
- 2,988 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1928
Listing agency
Rolls Realty
(614) 395-3605
Listed by
Eric Stansifer · License #2014002636
(614) 395-3605
Source
Compass
Added: Jun 1 Updated: Jul 10 at 1:52PM Checked: Jul 22 at 8:09AM
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 Rolls Realty
Investment Insights
Based on property information with market context.
This classic brick duplex includes two residential units, each offering three bedrooms and 1.5 baths. Both units feature screened porches, full basements, and additional attic space for storage or future flexibility. The property also benefits from upgraded HVAC systems in both units, providing mechanical updates for day-to-day comfort.
The duplex sits on a large, fenced lot with a concrete driveway and four off-street parking spaces. A sizeable backyard adds outdoor space, and the configuration supports practical tenant use. The property is located in the heart of Clintonville, within reach of local amenities and major commuter routes.
For buyers seeking either an owner-occupant setup or an investment property, this duplex offers two separate units with independent living space and existing income. Unit 148 is currently leased at $1,850 per month, and Unit 150 is leased at $1,750 per month, supporting immediate rental revenue while retaining the option for a future live-in arrangement or portfolio expansion.
The duplex sits on a large, fenced lot with a concrete driveway and four off-street parking spaces. A sizeable backyard adds outdoor space, and the configuration supports practical tenant use. The property is located in the heart of Clintonville, within reach of local amenities and major commuter routes.
For buyers seeking either an owner-occupant setup or an investment property, this duplex offers two separate units with independent living space and existing income. Unit 148 is currently leased at $1,850 per month, and Unit 150 is leased at $1,750 per month, supporting immediate rental revenue while retaining the option for a future live-in arrangement or portfolio expansion.
Key Highlights
- Classic brick duplex built in 1928 with two units (148 and 150) on a huge fenced lot
- Each unit features 3 bedrooms and 1.5 baths, plus screened porches, full basements, and additional attic space
- Upgraded HVAC systems in both units; central air and 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 | $39.1k | $13.08 |
| − Vacancy | −$2.7k | −$0.92 |
| EGI | $36.3k | $12.16 |
| − OpEx | −$10.9k | −$3.65 |
| NOI | $25.4k | $8.52 |
2,988 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$363.5K
$318.0K – $424.1K
NOI $25,443 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$292.4K
$255.8K – $341.1K
NOI $20,467 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K
NOI $43,590 @ 7.0% cap · market cap 7.58%
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 3-bedroom units with screened porches, full basements, attic space, and updated HVAC on a fenced lot.
Where is this duplex located?
The property is located at 148-150 Clinton Heights Avenue Unit 148150 Columbus, OH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Classic brick duplex built in 1928 with two units (148 and 150) on a huge fenced lot; Each unit features 3 bedrooms and 1.5 baths, plus screened porches, full basements, and additional attic space; Upgraded HVAC systems in both units; central air and forced‑air heating
