Side-by-Side Duplex with Fenced
2632-2634 Deming Avenue Columbus, OH 43202
2632-2634 Deming Avenue, Columbus, OH, 43202
$415,000
For Sale
$415,000
Two 3-bedroom units with updated kitchens and baths, full basements, and separate fenced yard space.
Property Size2,204 SF
Price / SF$188.29
Days on Market47
Property Features for 2632-2634 Deming Avenue
General Information
- Standard status
- Active
- Size
- 2,204 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1900
Listing agency
Delicious Real Estate Group
(205) 613-9629
Listed by
Miles M Hartley · License #2019004209
(205) 613-9629
Source
Compass
Added: Jun 6 Updated: Jul 22 at 2:04AM Checked: Jul 22 at 2:04AM
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 Delicious Real Estate Group
Investment Insights
Based on property information with market context.
This Old North Columbus side-by-side duplex features two identical 3-bedroom, 1-bath units with approximately 1,102 square feet per side. Each unit includes hardwood floors, updated kitchens and baths, and a full basement with laundry and storage. An unfinished attic provides additional storage and the option to convert to finished living space. Off-street and on-street parking are available, and the property includes a fenced yard split between both sides for added privacy.
The duplex is located just around the corner from Glen Echo Ravine, with easy access to OSU, major medical centers, local shops, and dining.
The home has had major mechanicals, siding, and key components updated over the years. Currently, the property generates $2,575 per month in gross rents, split as $1,375 and $1,300 per unit, with both tenants on month-to-month leases. Units are in decent shape with room for cosmetic improvement and value-add updates.
The duplex is located just around the corner from Glen Echo Ravine, with easy access to OSU, major medical centers, local shops, and dining.
The home has had major mechanicals, siding, and key components updated over the years. Currently, the property generates $2,575 per month in gross rents, split as $1,375 and $1,300 per unit, with both tenants on month-to-month leases. Units are in decent shape with room for cosmetic improvement and value-add updates.
Key Highlights
- Old North Columbus duplex with two side‑by‑side 3‑bedroom, 1‑bath units at 1,102 SF per side
- Gross rents of $2,575/month ($1,375 and $1,300 per side) with both tenants on month‑to‑month leases
- Each unit has updated kitchens and baths and hardwood floors
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 | $28.8k | $13.08 |
| − Vacancy | −$2.0k | −$0.92 |
| EGI | $26.8k | $12.16 |
| − OpEx | −$8.0k | −$3.65 |
| NOI | $18.8k | $8.52 |
2,204 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$268.1K
$234.6K – $312.8K
NOI $18,767 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$215.7K
$188.7K – $251.6K
NOI $15,097 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$459.3K
$401.9K – $535.9K
NOI $32,153 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 3-bedroom units with updated kitchens and baths, full basements, and separate fenced yard space.
Where is this duplex located?
The property is located at 2632-2634 Deming Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Old North Columbus duplex with two side‑by‑side 3‑bedroom, 1‑bath units at 1,102 SF per side; Gross rents of $2,575/month ($1,375 and $1,300 per side) with both tenants on month‑to‑month leases; Each unit has updated kitchens and baths and hardwood floors
