Two-Unit Duplex with
2458 Deming Avenue #2458 Columbus, OH 43202
For Sale
Contact for pricing
Updated duplex with two 1-bedroom, 1-bath units, including 2025 interior paint and kitchen and flooring improvements.
Property Size1,204 SF
Lot Size0.06 Acres
Price / SF$124.58
Days on Market88
Property Features for 2458 Deming Avenue #2458
General Information
- Standard status
- Active
- Size
- 1,204 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing Agency:
AO Real Estate
(614) 554-2448
Listed By:
William Evans · License #2019002809
Source:
Crexi
Added: Apr 27
Changed: Jul 23
Last Checked: Jul 23 at 2:23AM
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 AO Real Estate
Investment Insights
Based on property information with market context.
This duplex offers two separate 1-bedroom, 1-bath units totaling approximately 1,204 square feet of living space. The main level unit provides approximately 616 square feet, and the upper-level unit provides approximately 588 square feet. Recent updates completed in 2025 include interior paint in both units, with additional improvements to kitchens, flooring, and select bathroom elements.
The lower unit includes new kitchen cabinets, sink, and countertop, along with new appliances, garbage disposal, updated lighting, new flooring, and refinished hardwood floors in the bedroom. The upper unit includes a new kitchen sink and countertop, updated flooring in the kitchen and bathroom, a new tub surround, and new carpet throughout. The property sits on approximately 0.06± acres with lot dimensions of 35 feet of frontage by 75 feet in depth.
The current configuration supports either a portfolio expansion strategy or owner-occupancy with rental of the other unit, depending on how the buyer intends to use the property.
The lower unit includes new kitchen cabinets, sink, and countertop, along with new appliances, garbage disposal, updated lighting, new flooring, and refinished hardwood floors in the bedroom. The upper unit includes a new kitchen sink and countertop, updated flooring in the kitchen and bathroom, a new tub surround, and new carpet throughout. The property sits on approximately 0.06± acres with lot dimensions of 35 feet of frontage by 75 feet in depth.
The current configuration supports either a portfolio expansion strategy or owner-occupancy with rental of the other unit, depending on how the buyer intends to use the property.
Key Highlights
- Duplex with two 1‑bedroom, 1‑bath units and approximately 1,204 SF total living space
- Main level unit offers approximately 616 SF; upper‑level unit offers approximately 588 SF
- Lot size approximately 0.06± acres with 35' frontage and 75' depth
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 | $15.7k | $13.08 |
| − Vacancy | −$1.1k | −$0.92 |
| EGI | $14.6k | $12.16 |
| − OpEx | −$4.4k | −$3.65 |
| NOI | $10.3k | $8.52 |
1,204 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$146.5K
$128.2K – $170.9K
NOI $10,252 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$117.8K
$103.1K – $137.5K
NOI $8,247 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$250.9K
$219.6K – $292.7K
NOI $17,564 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated duplex with two 1-bedroom, 1-bath units, including 2025 interior paint and kitchen and flooring improvements.
Where is this duplex located?
The property is located at 2458 Deming Avenue #2458 Columbus, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex with two 1‑bedroom, 1‑bath units and approximately 1,204 SF total living space; Main level unit offers approximately 616 SF; upper‑level unit offers approximately 588 SF; Lot size approximately 0.06± acres with 35' frontage and 75' depth
