1521-1523 Republic Avenue Columbus, OH 43211
MULTI_FAMILY - Colonial - Columbus, OH
Property Features for 1521-1523 Republic Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 2
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Basement
- Concrete, Full
- Standard status
- Pending
- APN
- 010-061360-00
- Size
- 2,740 SF
Taxes and HOA fees
- Tax Annual Amount
- 3008
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1929
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl Siding
- Architectural style
- Colonial
Listing agent Chastity Butterfield-Contini (419) 296-1909
Listing office Hartsock Realty 750 Buckeye Rd, LIMA, OH (419) 222-0447
Listing date Jun 10, 2026
Copyright © 2026 West Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Columbus, Ohio, within the Linden neighborhood, the home is described as walkable to a bus stop and the new library. It is also positioned near other Columbus amenities mentioned with the listing, including Easton, OSU, and the airport.
This layout is well-suited for buyers seeking a duplex configuration with immediate flexibility: maintain the existing furnished short-term rental setup or convert the other unit for immediate occupancy. For investors, the listing states the property is part of a package that includes two additional duplexes.
Key Highlights
- Side‑by‑side two‑story duplex built in 1929 with colonial architectural style
- Two 3‑bedroom, 1‑bath units; one unit is furnished and used as a short‑term rental
- Second unit is occupant‑ready after a deep clean; property currently registered as a rental
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 | $36.5k | $13.32 |
| − Vacancy | −$2.4k | −$0.87 |
| EGI | $34.1k | $12.45 |
| − OpEx | −$15.4k | −$5.60 |
| NOI | $18.8k | $6.85 |
