Fourplex with Four Two-Bedroom
1763-1769 Ardleigh Road Unit 17631769 Columbus, OH 43221
1763-1769 Ardleigh Road Unit 17631769, Columbus, OH, 43221
$1,100,000
For Sale
$1,100,000
Four 2-bedroom units in a fourplex that is 100% occupied and described as well maintained over time.
Property Size6,707 SF
Price / SF$164.01
Days on Market301
Property Features for 1763-1769 Ardleigh Road Unit 17631769
General Information
- Standard status
- Active
- Size
- 6,707 SF
- Property subtype
- Multi-Family / Apartment
Building Details
- Year Built
- 1959
Listing agency
Sorrell & Company, Inc.
(614) 738-2934
Listed by
William C Sorrell · License #2020006028
(614) 738-2934
Source
Compass
Added: Sep 25, 2025 Updated: Jul 22 at 7:09AM Checked: Jul 22 at 7:09AM
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 Sorrell & Company, Inc.
Investment Insights
Based on property information with market context.
This fourplex offers four separate 2-bedroom units. The property is reported to be 100% occupied and described as well maintained over the years.
The location is described as being just steps from Kingsdale shopping center in Upper Arlington, with additional development referenced nearby, including a new Kingsdale community center and a multi-use building development around the corner.
Offered for sale as a single multifamily investment, the building’s configuration supports consistent tenancy across all four units.
The location is described as being just steps from Kingsdale shopping center in Upper Arlington, with additional development referenced nearby, including a new Kingsdale community center and a multi-use building development around the corner.
Offered for sale as a single multifamily investment, the building’s configuration supports consistent tenancy across all four units.
Key Highlights
- Four 2‑bedroom units in a fourplex
- 100% occupied
- Central air conditioning 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 | $87.7k | $13.08 |
| − Vacancy | −$6.1k | −$0.92 |
| EGI | $81.6k | $12.16 |
| − OpEx | −$24.5k | −$3.65 |
| NOI | $57.1k | $8.52 |
6,707 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$815.9K
$713.9K – $951.9K
NOI $57,111 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$656.3K
$574.3K – $765.7K
NOI $45,942 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,844 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Four 2-bedroom units in a fourplex that is 100% occupied and described as well maintained over time.
Where is this quadplex located?
The property is located at 1763-1769 Ardleigh Road Unit 17631769 Columbus, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four 2‑bedroom units in a fourplex; 100% occupied; Central air conditioning and forced‑air heating
