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Brick Two-Unit Residential Income

1629 Grandview Avenue Unit A AND B Columbus, OH 43212

1629 Grandview Avenue Unit A AND B, Columbus, OH, 43212
$579,900
For Sale
$579,900

Well-maintained all-brick duplex with two units, each featuring 3 bedrooms, a full bath, private rear entrances, and a shared 2-car garage.

Property Size2,636 SF
Price / SF$219.99
Days on Market56

Property Features for 1629 Grandview Avenue Unit A AND B

General Information

Standard status
Active
Size
2,636 SF
Property subtype
Multi-Family / Apartment

Building Details

Year Built
1950
Listing agency Cam Taylor Co. Ltd., Realtors
Listed by Gregory J Giessler · License #2011000087
Source Compass
Added: May 29 Updated: Jul 22 at 11:46PM Checked: Jul 22 at 11:46PM

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 Cam Taylor Co. Ltd., Realtors


Investment Insights

Based on property information with market context.

This all-brick duplex offers two residential units in a well-maintained property. Each unit features 3 bedrooms and 1 full bath with bright, open living areas and hardwood flooring. Kitchens have been updated with ample cabinet space and modern appliances, and the interiors are presented in clean, neutral finishes. The property also includes private rear entrances and shared outdoor space, along with a shared 2-car garage. The basement provides open storage and washer/dryer hookups.

Located in the Grandview area with access to Grandview Avenue, parks, shopping, dining, and downtown Columbus.

Key Highlights

  • All‑brick two‑unit duplex in the Grandview area of Columbus (Columbus Schools), built in 1950
  • Each unit has 3 bedrooms and 1 full bath with bright, open living spaces
  • Updated kitchens with ample cabinet space and modern appliances

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 $34.5k $13.08
− Vacancy −$2.4k −$0.92
EGI $32.1k $12.16
− OpEx −$9.6k −$3.65
NOI $22.4k $8.52
2,636 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$320.7K
$280.6K – $374.1K (±1% cap)
NOI $22,446 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$257.9K
$225.7K – $300.9K (±1% cap)
NOI $18,056 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$549.4K
$480.7K – $640.9K (±1% cap)
NOI $38,455 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Electrical Service Food Market Auto Parts Store (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store Supermarket Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained all-brick duplex with two units, each featuring 3 bedrooms, a full bath, private rear entrances, and a shared 2-car garage.
Where is this duplex located?
The property is located at 1629 Grandview Avenue Unit A AND B Columbus, OH.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: All‑brick two‑unit duplex in the Grandview area of Columbus (Columbus Schools), built in 1950; Each unit has 3 bedrooms and 1 full bath with bright, open living spaces; Updated kitchens with ample cabinet space and modern appliances
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