Updated Woodland Park
1570 East Long Street Unit 1572 Columbus, OH 43203
1570 East Long Street Unit 1572, Columbus, OH, 43203
$459,000
For Sale
$459,000
Two updated units near OSU East Hospital offer flexible income options for long-term leasing or mid/short-term use.
Property Size3,906 SF
Price / SF$117.51
Days on Market281
Property Features for 1570 East Long Street Unit 1572
General Information
- Standard status
- Active
- Size
- 3,906 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1915
Listing agency
EXP Realty, LLC
(567) 224-2064
Listed by
Joshua D Bauerle · License #2022007969
(567) 224-2064
Source
Compass
Added: Oct 15, 2025 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 8:20AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This updated duplex includes an upstairs four-bedroom, two-bath apartment and a separate downstairs two-bedroom, one-bath unit. The upstairs unit features original hardwood floors and recently updated kitchen and bathroom finishes, and it is currently vacant and available for viewing. The downstairs unit is currently leased through October of 2026 and has also received recent updates. Both units have had improvements in recent years, including new furnaces installed in February. A detached garage is also included and has potential to be converted into an ADU, if desired.
The property is located in the Woodland Park area of Columbus, close to OSU East Hospital, and is described as just minutes from the Convention Center. The upstairs unit is available to view, while the downstairs tenant is in place; viewing should not disturb the tenant.
For investors or owner-operators seeking a versatile residential income property, the duplex provides two separate living units with recent updates and established tenancy in the downstairs unit. The vacant upstairs unit may allow for immediate placement depending on the buyer’s operating plan, whether for long-term rental or mid/short-term use, subject to applicable rules and future leasing requirements.
The property is located in the Woodland Park area of Columbus, close to OSU East Hospital, and is described as just minutes from the Convention Center. The upstairs unit is available to view, while the downstairs tenant is in place; viewing should not disturb the tenant.
For investors or owner-operators seeking a versatile residential income property, the duplex provides two separate living units with recent updates and established tenancy in the downstairs unit. The vacant upstairs unit may allow for immediate placement depending on the buyer’s operating plan, whether for long-term rental or mid/short-term use, subject to applicable rules and future leasing requirements.
Key Highlights
- Duplex built in 1915 with two updated units near OSU East Hospital, offering options for long‑term leasing or mid/short‑term use
- Upstairs unit: 4 beds, 2 full baths; original hardwood floors; recently updated kitchen and bathroom; currently vacant and available to view
- Downstairs unit: 2 beds, 1 full bath; currently rented long term through October 2026 at $1,130/month
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 | $51.1k | $13.08 |
| − Vacancy | −$3.6k | −$0.92 |
| EGI | $47.5k | $12.16 |
| − OpEx | −$14.3k | −$3.65 |
| NOI | $33.3k | $8.52 |
3,906 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$475.1K
$415.8K – $554.3K
NOI $33,260 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$382.2K
$334.4K – $445.9K
NOI $26,755 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$814.0K
$712.3K – $949.7K
NOI $56,982 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two updated units near OSU East Hospital offer flexible income options for long-term leasing or mid/short-term use.
Where is this duplex located?
The property is located at 1570 East Long Street Unit 1572 Columbus, OH.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Duplex built in 1915 with two updated units near OSU East Hospital, offering options for long‑term leasing or mid/short‑term use; Upstairs unit: 4 beds, 2 full baths; original hardwood floors; recently updated kitchen and bathroom; currently vacant and available to view; Downstairs unit: 2 beds, 1 full bath; currently rented long term through October 2026 at $1,130/month
