2087-2089 Summit Row Boulevard Powell, OH 43065
Income-producing duplex in Powell with Columbus taxes and Worthington Schools.
Property Features for 2087-2089 Summit Row Boulevard
General Information
- Standard status
- Active
- Size
- 2,016 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1986
Listing office Howard Hanna Real Estate Svcs (614) 309-6197
Listing date May 20, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Income‑producing duplex in the Powell area.
- Located in Powell with Columbus taxes and Worthington Schools.
- Convenient access to Downtown Powell, Liberty Township, Polaris, SR‑315, and I‑270.
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 | $30.2k | $15.00 |
| − Vacancy | −$2.2k | −$1.07 |
| EGI | $28.1k | $13.93 |
| − OpEx | −$8.4k | −$4.18 |
| NOI | $19.7k | $9.75 |
