Duplex with Two 3BR
265-267 Belvidere Avenue Columbus, OH 43223
265-267 Belvidere Avenue, Columbus, OH, 43223
$255,000
For Sale
$255,000
Duplex with two mirrored sides, each offering 3 bedrooms and one full bathroom.
Property Size2,352 SF
Price / SF$108.42
Days on Market373
Property Features for 265-267 Belvidere Avenue
General Information
- Standard status
- Active
- Size
- 2,352 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1925
Listing agency
Best Corporate Real Estate
(614) 716-8953
Listed by
Valerie Tivin · License #2019002160
(614) 716-8953
Source
Compass
Added: Jul 16, 2025 Updated: Jul 23 at 12:07AM Checked: Jul 23 at 12:07AM
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 Best Corporate Real Estate
Investment Insights
Based on property information with market context.
This for-sale duplex is configured as two mirrored units, with 3 bedrooms and one full bathroom on each side. The property includes landlord reimbursement for water, while tenants pay all other utilities. Current rental income is $3,200 per month.
The address is 265-267 Belvidere Avenue in Columbus, Ohio. Please do not disturb the tenants, and curb offers only.
Each side is set up as a self-contained residence with the same bedroom and bath configuration, supporting consistent unit layout across the building.
The address is 265-267 Belvidere Avenue in Columbus, Ohio. Please do not disturb the tenants, and curb offers only.
Each side is set up as a self-contained residence with the same bedroom and bath configuration, supporting consistent unit layout across the building.
Key Highlights
- Duplex built in 1925 with two mirrored sides (265‑267 Belvidere Avenue)
- Each side offers 3 bedrooms and 1 full bathroom
- Generates $3,200/month in rental income
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 | $30.8k | $13.08 |
| − Vacancy | −$2.2k | −$0.92 |
| EGI | $28.6k | $12.16 |
| − OpEx | −$8.6k | −$3.65 |
| NOI | $20.0k | $8.52 |
2,352 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$286.1K
$250.3K – $333.8K
NOI $20,027 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$230.2K
$201.4K – $268.5K
NOI $16,111 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$490.2K
$428.9K – $571.9K
NOI $34,312 @ 7.0% cap · market cap 13.46%
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 - Duplex with two mirrored sides, each offering 3 bedrooms and one full bathroom.
Where is this duplex located?
The property is located at 265-267 Belvidere Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Duplex built in 1925 with two mirrored sides (265‑267 Belvidere Avenue); Each side offers 3 bedrooms and 1 full bathroom; Generates $3,200/month in rental income
