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Updated Brick Duplex with Porches

31-33 Linwood Avenue Columbus, OH 43205

31-33 Linwood Avenue, Columbus, OH, 43205
$460,000
For Sale
Claim this Listing
$460,000

Two renovated residences each offer multiple living areas, three bedrooms, and dedicated off-street parking.

Property Size5,662 SF
Price / SF$81.24
AddedJun 2
Days on Market45
Last RefreshJul 15 at 5:17 pm

Property Features for 31-33 Linwood Avenue

General Information

Standard status
Active
Size
5,662 SF
Property subtype
Multi-Family / Duplex

Building Details

Year Built
1920

Listing office Street Sotheby's International

Listing date Jun 2, 2026

Source Compass

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 Street Sotheby's International


Investment Insights

Based on property information with market context.

This updated brick duplex features two separate residences, each with three bedrooms and one full plus one half bath. Both units include spacious living and dining areas, renovated kitchens and refreshed baths, and historic-style details such as exposed brick accents, decorative fireplaces, oversized windows, and soaring ceilings. Additional flexibility is provided by expansive third-floor spaces that can support extra living, work-from-home, or guest accommodations. Unfinished basements add storage capacity, while each home benefits from a welcoming covered front porch.

The property is located at 31-33 Linwood Avenue in Olde Towne East, offering access to central Columbus destinations including Downtown Columbus, Franklin Park Conservatory, Nationwide Children’s Hospital, and John Glenn Columbus International Airport. A generous rear yard provides additional outdoor space, and there are four off-street parking spaces total, with two dedicated to each residence.

With two well-appointed units, this property suits buyers seeking a duplex with updated interiors, separate parking, and adaptable upper-floor space. The unfinished basements and rear yard add practical utility for day-to-day living and storage, while the third-floor areas can support a range of household needs or multi-purpose uses.

Key Highlights

  • Updated brick duplex in Olde Towne East built in 1920, offering historic character and modern renovations.
  • Two residences, each with 3 bedrooms plus one full and one half bath.
  • Central air cooling and electric forced‑air heating in the duplex.

Local Financial Insights For Apartment 5plus

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 $75.4k $13.32
− Vacancy −$4.9k −$0.87
EGI $70.5k $12.45
− OpEx −$31.7k −$5.60
NOI $38.8k $6.85
5,662 SF · lease $13.32/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$688.7K
$602.7K – $803.5K (±1% cap)
NOI $48,212 @ 7.0% cap · market cap 10.48%
Second Best
Apartment 5plus
$554.1K
$484.8K – $646.4K (±1% cap)
NOI $38,784 @ 7.0% cap · market cap 8.43%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,599 @ 7.0% cap · market cap 17.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Kitchen & Bath Showroom HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store Locksmith Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two renovated residences each offer multiple living areas, three bedrooms, and dedicated off-street parking.
Where is this duplex located?
The property is located at 31-33 Linwood Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Updated brick duplex in Olde Towne East built in 1920, offering historic character and modern renovations.; Two residences, each with 3 bedrooms plus one full and one half bath.; Central air cooling and electric forced‑air heating in the duplex.
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