Vacant Duplex with Oversized
208-210 Dana Avenue Columbus, OH 43223
208-210 Dana Avenue, Columbus, OH, 43223
$244,900
For Sale
$244,900
Updated duplex with two vacant units and potential for added finished living space.
Property Size2,644 SF
Price / SF$92.62
Days on Market60
Property Features for 208-210 Dana Avenue
General Information
- Standard status
- Active
- Size
- 2,644 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1918
Listing agency
The Brokerage House
(614) 205-6384
Listed by
John M Houk · License #2013002344
(614) 205-6384
Source
Compass
Added: May 24 Updated: Jul 10 at 1:52PM Checked: Jul 22 at 7:49AM
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 The Brokerage House
Investment Insights
Based on property information with market context.
This Franklinton duplex offers two separate residential units, each featuring three bedrooms and one full bathroom. Both sides are currently vacant, providing flexibility for an investor looking to rent immediately or an owner-occupant planning renovations. Recent exterior improvements include new windows, new siding, new gutters, and a roof replacement completed approximately five years ago. Interior updates include new flooring on the second floor and updated kitchen finishes. One side also includes a full third level that is ready to be finished for additional living space.
The property includes an oversized two-car garage, which adds practical storage and off-street parking value. It is located in the Franklinton neighborhood of Columbus.
With both units available, the building is well suited to buyers who want control over finishes and leasing, or who prefer to live in one unit while preparing the other. The presence of a ready-to-finish third level on one side further supports customization for expanded living space.
The property includes an oversized two-car garage, which adds practical storage and off-street parking value. It is located in the Franklinton neighborhood of Columbus.
With both units available, the building is well suited to buyers who want control over finishes and leasing, or who prefer to live in one unit while preparing the other. The presence of a ready-to-finish third level on one side further supports customization for expanded living space.
Key Highlights
- Franklinton duplex built in 1918 with 3 bedrooms and 1 full bathroom per side
- Both units are currently vacant, offering flexibility for an owner‑occupant or investor
- Recent exterior updates include new windows, new siding, new gutters, and a roof replaced about 5 years ago
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 | $34.6k | $13.08 |
| − Vacancy | −$2.4k | −$0.92 |
| EGI | $32.2k | $12.16 |
| − OpEx | −$9.6k | −$3.65 |
| NOI | $22.5k | $8.52 |
2,644 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$321.6K
$281.4K – $375.2K
NOI $22,514 @ 7.0% cap · market cap 9.19%
Second Best
Apartment 5plus
$258.7K
$226.4K – $301.9K
NOI $18,111 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$551.0K
$482.2K – $642.9K
NOI $38,572 @ 7.0% cap · market cap 15.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated duplex with two vacant units and potential for added finished living space.
Where is this duplex located?
The property is located at 208-210 Dana Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: Franklinton duplex built in 1918 with 3 bedrooms and 1 full bathroom per side; Both units are currently vacant, offering flexibility for an owner‑occupant or investor; Recent exterior updates include new windows, new siding, new gutters, and a roof replaced about 5 years ago
