Renovated Duplex With Updated
2406 Findley Avenue Unit 2408 Columbus, OH 43202
2406 Findley Avenue Unit 2408, Columbus, OH, 43202
$430,000
For Sale
$430,000
Completely renovated duplex with updated finishes and durable roofing, minutes from OSU for flexible ownership or investment.
Property Size1,702 SF
Price / SF$252.64
Days on Market91
Property Features for 2406 Findley Avenue Unit 2408
General Information
- Standard status
- Active
- Size
- 1,702 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1900
Listing agency
Coldwell Banker Realty
(614) 432-5955
Listed by
Sinan Falah · License #2019007692
(614) 432-5955
Source
Compass
Added: Apr 22 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 5:57AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This completely renovated duplex is set up as a turnkey option for either an investor or an owner-occupant. Both units feature refreshed interiors and high-quality finishes, supported by a major exterior improvement: one of the highest-quality roofing systems available, designed to provide long-term protection and durability. The layout is described as spacious, giving each unit a practical residential configuration for day-to-day living.
The property is located in a prime area just minutes from The Ohio State University campus. It’s also positioned for convenient access to downtown Columbus, along with nearby shopping and dining, and major highways.
For buyers looking for a duplex that’s ready to move into or ready to rent, the combination of complete renovation and the roof improvement is a key practical factor. With both units updated, the property supports a straightforward ownership approach whether you plan to live in one side while renting the other or maintain the duplex as a residential income asset.
The property is located in a prime area just minutes from The Ohio State University campus. It’s also positioned for convenient access to downtown Columbus, along with nearby shopping and dining, and major highways.
For buyers looking for a duplex that’s ready to move into or ready to rent, the combination of complete renovation and the roof improvement is a key practical factor. With both units updated, the property supports a straightforward ownership approach whether you plan to live in one side while renting the other or maintain the duplex as a residential income asset.
Key Highlights
- Completely renovated duplex with updated finishes in both units
- Minutes from The Ohio State University campus, with access to downtown Columbus, shopping, dining, and major highways
- Central air conditioning (Yes) 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 | $22.3k | $13.08 |
| − Vacancy | −$1.6k | −$0.92 |
| EGI | $20.7k | $12.16 |
| − OpEx | −$6.2k | −$3.65 |
| NOI | $14.5k | $8.52 |
1,702 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$207.0K
$181.2K – $241.6K
NOI $14,493 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$166.5K
$145.7K – $194.3K
NOI $11,658 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$354.7K
$310.4K – $413.8K
NOI $24,829 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Completely renovated duplex with updated finishes and durable roofing, minutes from OSU for flexible ownership or investment.
Where is this duplex located?
The property is located at 2406 Findley Avenue Unit 2408 Columbus, OH.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Completely renovated duplex with updated finishes in both units; Minutes from The Ohio State University campus, with access to downtown Columbus, shopping, dining, and major highways; Central air conditioning (Yes) and forced‑air heating
