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Turn-Key Duplex with Off-Street Parking

3923-3925 Beulah Road Columbus, OH 43224

3923-3925 Beulah Road, Columbus, OH, 43224
$259,000
Pending
For Sale
$259,000
Pending

Each side features a 2-bedroom, 1-bath layout with off-street parking and a large dry basement.

Property Size1,614 SF
Days on Market54

Property Features for 3923-3925 Beulah Road

General Information

Standard status
Pending
Size
1,614 SF
Property subtype
Multi-Family / Duplex

Building Details

Year Built
1965
Listing agency KW Classic Properties Realty
Listed by Cynthia Rogers-McCain · License #2016000794
Source Compass
Added: May 29 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 6:19AM

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 KW Classic Properties Realty


Investment Insights

Based on property information with market context.

This turn-key duplex consists of two 2-bedroom, 1-bath units, arranged as a side-by-side double. Both sides include off-street parking and access to a large dry basement. The property also includes recent capital improvements such as I-beams in the basement, a newer roof installed in 2022, and newer furnaces.

The address is 3923-3925 Beulah Road, Columbus, OH 43224. The seller describes the area as a quiet pocket just south of Cooke Road, with convenient access to nearby amenities including Florin Coffee and other offerings associated with Clintonville.

From an owner-operator or investor perspective, the current leasing situation may allow you to offset housing costs while maintaining flexibility. One unit is currently leased on a month-to-month basis, and the tenant is reportedly willing to stay. With the listed updates already in place, this property may be an efficient option for buyers looking for a duplex with functional room for storage and mechanical systems that have been recently refreshed. Please ask your agent for the attached list of updates to review the improvements in detail.

Key Highlights

  • Duplex with two sides, each offering a 2‑bedroom, 1‑bath layout
  • Each side includes off‑street parking
  • Large dry basement and forced‑air gas heating

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 $21.1k $13.08
− Vacancy −$1.5k −$0.92
EGI $19.6k $12.16
− OpEx −$5.9k −$3.65
NOI $13.7k $8.52
1,614 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$196.3K
$171.8K – $229.1K (±1% cap)
NOI $13,743 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$157.9K
$138.2K – $184.3K (±1% cap)
NOI $11,056 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$336.4K
$294.3K – $392.4K (±1% cap)
NOI $23,546 @ 7.0% cap · market cap 9.09%
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

Real Estate Agency Law Firm Dental Office Nail Salon Parking Lot & Garage Spa & Massage Center Hair Salon Skin Care Clinic Electrical Service Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - Each side features a 2-bedroom, 1-bath layout with off-street parking and a large dry basement.
Where is this duplex located?
The property is located at 3923-3925 Beulah Road Columbus, OH.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Duplex with two sides, each offering a 2‑bedroom, 1‑bath layout; Each side includes off‑street parking; Large dry basement and forced‑air gas heating
Contact an agent
More about this property
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