200-202 North Harris Avenue Columbus, OH 43204

200-202 North Harris Avenue, Columbus, OH, 43204

$295,000

For Sale

$295,000

Tenant-occupied duplex with recent updates in Columbus, Ohio.

Property Size2,542 SF

Price / SF$116.05

Days on Market773

Property Features for 200-202 North Harris Avenue

General Information

Standard status: Active
Size: 2,542 SF
Property subtype: Multi-Family / Duplex

Building Details

Year Built: 1920

Listing Agency Myers Real Estate

Listed by Andrew P Myers · License #2002009785

Source Compass

Added: Jun 4, 2024 Checked: Jul 16 at 7:15 am

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 Myers Real Estate

Investment Insights

Based on property information with market context.

This multifamily property in Columbus, Ohio, features two tenant-occupied units. The property has been updated with new windows and interior flooring. The total property size is 2542 square feet.

Key Highlights

Tenant occupied units
Recent updates including new windows
Recent updates including new interior flooring

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$33.2k	$13.08
− Vacancy	−$2.3k	−$0.92
EGI	$30.9k	$12.16
− OpEx	−$9.3k	−$3.65
NOI	$21.6k	$8.52

2,542 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$309.2K

$270.6K – $360.8K (±1% cap)

NOI $21,645 @ 7.0% cap · market cap 7.34%

Second Best

Apartment 5plus

$248.7K

$217.7K – $290.2K (±1% cap)

NOI $17,412 @ 7.0% cap · market cap 5.90%

Theoretical Best

Office A

$529.8K

$463.6K – $618.1K (±1% cap)

NOI $37,084 @ 7.0% cap · market cap 12.57%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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