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Duplex With One Vacant Unit
For Sale
$230,000

340 S Wayne Avenue, Columbus, OH 43204

One unit is occupied, while the second is vacant for an owner occupant or future tenant.

Property SizeContact for details
Days on Market77

Property Features for 340 S Wayne Avenue

General Information

Standard status Active
Property subtype Duplex
Occupancy 50%

Taxes and HOA fees

Annual Taxes $2,234

Building Details

Year Built 1922
Tenancy Multi
Listing Agency: ERA Real Solutions Realty
Listed By: Drey B Thompson · License #2016001921
Source: Vutech-ruff
Added: Jul 22 Changed: Sep 17 Last Checked: Oct 4 at 4:10PM

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 ERA Real Solutions Realty

Investment Insights

Based on property information with market context.

This duplex, built in 1922, includes one occupied half and one vacant half. The vacant unit is ready for its next phase of TLC, whether used by an owner occupant or prepared for a future tenant.

Located at 340 S Wayne Avenue on the west side of Columbus, the property offers a two-unit configuration with current occupancy in one half and flexibility in the other.

Key Highlights

  • Duplex built in 1922
  • One half is occupied
  • Second half is vacant and ready for TLC

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon

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

50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

Demographics for 43204, OH

42,315
Population
19,286
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
4,502
Density / Sq Mi
$59,158
Median Household Income
$38,610
Median Earnings
$1,206
Median Rent
$170,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - One unit is occupied, while the second is vacant for an owner occupant or future tenant.
Where is this duplex located?
The property is located at 340 S Wayne Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Duplex built in 1922; One half is occupied; Second half is vacant and ready for TLC
More about this property
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