Duplex Income
2040 Bairsford Drive Columbus, OH 43232
For Sale
$245,000
Duplex for sale that supports residential income in a compact, easily managed format.
Property Size2,048 SF
Price / SF$119.63
Days on Market87
Property Features for 2040 Bairsford Drive
General Information
Standard status
Active
Size
2,048 SF
Property subtype
Multi-Family / Duplex
Building Details
Year Built
1971
Listing Agency:
Art Russo, REALTORS
(614) 236-1178
Listed By:
Arthur Russo · License #225950
(614) 236-1178
Source:
Compass
Added: May 3
Changed: Jul 10
Last Checked: Jul 28 at 2:18PM
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 Art Russo, REALTORS
Investment Insights
Based on property information with market context.
This duplex offers a residential income configuration, presenting two separate dwelling units within one property. The asset is listed for sale at 2040 Bairsford Drive and has an overall size of 2,048 square feet, providing a straightforward footprint for an owner-operator or an investor evaluating multi-unit housing.
The property is located in Columbus, Ohio (43232). Because the listing data provided does not include additional site or building improvements, exterior features, or access details, prospective buyers should plan to review the units and property condition directly during their due diligence.
From a leasing and ownership standpoint, a duplex can be attractive for buyers looking to manage a small residential portfolio while maintaining the flexibility that comes with having two units under one ownership structure. This property’s intended use as a residential income asset is consistent with its duplex classification. Interested parties should confirm the current unit mix, occupancy status, and any income, expense, and maintenance considerations that may apply to this offering.
The property is located in Columbus, Ohio (43232). Because the listing data provided does not include additional site or building improvements, exterior features, or access details, prospective buyers should plan to review the units and property condition directly during their due diligence.
From a leasing and ownership standpoint, a duplex can be attractive for buyers looking to manage a small residential portfolio while maintaining the flexibility that comes with having two units under one ownership structure. This property’s intended use as a residential income asset is consistent with its duplex classification. Interested parties should confirm the current unit mix, occupancy status, and any income, expense, and maintenance considerations that may apply to this offering.
Key Highlights
- Duplex with residential income potential in a compact, easily managed format
- Central air conditioning and forced‑air gas heating
- Built in 1971
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 | $26.8k | $13.08 |
| − Vacancy | −$1.9k | −$0.92 |
| EGI | $24.9k | $12.16 |
| − OpEx | −$7.5k | −$3.65 |
| NOI | $17.4k | $8.52 |
2,048 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$249.1K
$218.0K – $290.7K
NOI $17,439 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$200.4K
$175.4K – $233.8K
NOI $14,028 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$426.8K
$373.5K – $498.0K
NOI $29,877 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale that supports residential income in a compact, easily managed format.
Where is this duplex located?
The property is located at 2040 Bairsford Drive Columbus, OH.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Duplex with residential income potential in a compact, easily managed format; Central air conditioning and forced‑air gas heating; Built in 1971
