2632-2634 Deming Avenue Columbus, OH 43202
MULTI_FAMILY - Columbus, OH
Property Features for 2632-2634 Deming Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 4
- Standard status
- Active
- APN
- 010-050265
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5535
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
Listing agent Miles M Hartley (205) 613-9629
Listing office Delicious Real Estate Group 823 E Long St., Columbus, OH (614) 358-5515
Listing date Jun 3, 2026
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Old North Columbus, the duplex is just around the corner from Glen Echo Ravine and provides easy access to OSU, major medical centers, local shops, and dining.
The property is currently generating $2,575 per month in gross rents, with both tenants on month-to-month leases ($1,375 and $1,300 per side). Units are described as being in decent shape, with updates completed over time and space for a buyer to address additional improvements to further enhance the living experience and operating efficiency.
Key Highlights
- Old North Columbus duplex with two side‑by‑side 3‑bedroom, 1‑bath units
- 1,102 SF per side; both units have updated kitchens and baths
- Hardwood floors in each unit
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 |
