Two-Unit
For Sale
$185,000
1673 Cleveland Avenue, Columbus, OH 43211
Multi-Family, Columbus, OH
Property Size2,208 SF
Lot Size0.10 Acres
Price / SF$83.79
Days on Market39
Property Features for 1673 Cleveland Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Rooms
Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 2
Parking
2
Elementary school district
COLUMBUS CSD 2503 FRA CO.
Middle school district
COLUMBUS CSD 2503 FRA CO.
High school district
COLUMBUS CSD 2503 FRA CO.
Standard status
Active
APN
010-033799
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3809
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1922
Number of units
2
Listing Agency:
Keller Williams Capital Ptnrs · Keller Williams Realty
(614) 888-1000
Listed By:
Jeffrey G Jonas · License #2014004917
(614) 725-8835
Added: Sep 10
Changed: Oct 18
Last Checked: Oct 18 at 1:06AM
MLS# 226038760
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-unit duplex was built in 1922 and contains 2,208 square feet. The listing identifies three bedrooms and one full bathroom. Forced-air heating serves the property, which is offered in its current condition.
The property occupies a 0.1-acre lot in Columbus, Ohio. Public water and public sewer are available.
The property occupies a 0.1-acre lot in Columbus, Ohio. Public water and public sewer are available.
Key Highlights
- Two‑unit duplex built in 1922
- 2,208 square feet on a 0.1‑acre lot
- Three bedrooms and one full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,124
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,480
$302.5K
Cap Rate 7%
$216,057
$216.1K
Cap Rate 9%
$168,044
$168.0K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$29.4K $13.32/SF
− Vacancy
−$1.9K −$0.87/SF
EGI
$27.5K $12.45/SF
− OpEx
−$12.4K −$5.60/SF
NOI
$15.1K $6.85/SF
Area
Columbus, OH
Vacancy
6.50%
Lease Rate
$13.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,480
Cap Rate 7%
$216,057
Cap Rate 9%
$168,044
Alternative Uses
Best Use
Multifamily LT 5
$268.6K
$235.0K – $313.4K
NOI $18,801 @ 7.0% cap · market cap 10.16%
Second Best
Apartment 5plus
$216.1K
$189.1K – $252.1K
NOI $15,124 @ 7.0% cap · market cap 8.18%
Theoretical Best
Office A
$460.2K
$402.6K – $536.9K
NOI $32,211 @ 7.0% cap · market cap 17.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Explore this area
Business Placement
Demographics for 43211, OH
23,160
Population
9,956
Households
2.3
Avg Household Size
32
Median Age
11%
College-Educated
77%
High-School Grad
4.7 sq mi
ZIP Area
4,928
Density / Sq Mi
$38,715
Median Household Income
$28,601
Median Earnings
$1,057
Median Rent
$91,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property is offered as-is, with tenant privacy and curbside offers required.
Where is this duplex located?
The property is located at 1673 Cleveland Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1922; 2,208 square feet on a 0.1‑acre lot; Three bedrooms and one full bathroom
