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Updated Duplex with Garages
For Sale
$400,000

29172919 2917-2919 United Ct, Reynoldsburg, OH 43068

Two spacious units offer renovated kitchens, private outdoor areas, and separate one-car garages on a cul-de-sac.

Property Size2,900 SF
Price / SF$137.93
Days on Market60

Property Features for 29172919 2917-2919 United Ct

General Information

Standard status Active
Size 2,900 SF
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 50%

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2
Parking per Unit 1

Additional Details

Road Access Yes

Amenities

decorative fireplace
finished basement rec room
fenced backyard
patio
first-floor laundry

Building Details

Year Built 1991
Buildings 1
Listing Agency: Keller Williams Consultants
Listed By: Andrea R Kaper · License #2013004247
Source: Dreamcolumbus
Added: Aug 17 Changed: Oct 10 Last Checked: Oct 7 at 2:56PM

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 Keller Williams Consultants

Investment Insights

Based on property information with market context.

Built in 1991, this duplex contains nearly 2,900 total square feet, with approximately 1,426 square feet per unit. Each side includes three bedrooms, 2.5 bathrooms, first-floor laundry, generous living space, a decorative fireplace, a patio, a fenced backyard, and a one-car garage. Unit 2917 adds a finished basement recreation room that can serve as office, playroom, or media space.

Both kitchens received 2023 updates with new cabinetry, granite countertops, and upgraded vinyl flooring. The property also has a new roof, new rear steps to the backyards, and newer water heaters, furnaces, and air conditioners with warranties in place. One side is occupied, while 2919 is vacant and ready for occupancy. Tenants pay electric, water, sewer, lawn care, and snow removal. The duplex is located at 2917-2919 United Ct in Reynoldsburg, Ohio.

Key Highlights

  • Nearly 2,900 total square feet with approximately 1,426 square feet per side
  • Two 3‑bedroom, 2.5‑bathroom units with first‑floor laundry
  • Kitchens updated in 2023 with cabinetry, granite countertops, and upgraded vinyl flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,748
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,960 $615.0K
Cap Rate 7%
$439,257 $439.3K
Cap Rate 9%
$341,644 $341.6K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$47.0K $16.20/SF
− Vacancy
−$3.1K −$1.05/SF
EGI
$43.9K $15.15/SF
− OpEx
−$13.2K −$4.54/SF
NOI
$30.7K $10.60/SF
Area
Franklin County, OH
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,960
Cap Rate 7%
$439,257
Cap Rate 9%
$341,644

Alternative Uses

Best Use
Multifamily LT 5
$439.3K
$384.4K – $512.5K (±1% cap)
NOI $30,748 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$428.1K
$374.6K – $499.5K (±1% cap)
NOI $29,967 @ 7.0% cap · market cap 7.49%
Theoretical Best
Specialty Retail
$591.2K
$517.3K – $689.8K (±1% cap)
NOI $41,386 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
50%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

Demographics for 43068, OH

59,585
Population
25,294
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
19.6 sq mi
ZIP Area
3,040
Density / Sq Mi
$70,451
Median Household Income
$42,327
Median Earnings
$1,214
Median Rent
$225,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two spacious units offer renovated kitchens, private outdoor areas, and separate one-car garages on a cul-de-sac.
Where is this duplex located?
The property is located at 29172919 2917-2919 United Ct Reynoldsburg, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Nearly 2,900 total square feet with approximately 1,426 square feet per side; Two 3‑bedroom, 2.5‑bathroom units with first‑floor laundry; Kitchens updated in 2023 with cabinetry, granite countertops, and upgraded vinyl flooring
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