Townhouse-Style Four-Unit
455 Barnett Road Columbus, OH 43213
455 Barnett Road, Columbus, OH, 43213
$430,000
For Sale
$430,000
Four townhouse-style units, each with two bedrooms and 1.5 baths; one unit is currently vacant.
Property Size5,760 SF
Price / SF$74.65
Days on Market272
Property Features for 455 Barnett Road
General Information
- Standard status
- Active
- Size
- 5,760 SF
- Property subtype
- Multi-Family / Townhouse
Building Details
- Year Built
- 1967
Listing agency
Vision Realty, Inc.
(614) 414-2062
Listed by
Donald A Payne · License #2017001048
(614) 414-2062
Source
Compass
Added: Oct 24, 2025 Updated: Jul 21 at 6:35PM Checked: Jul 21 at 6:35PM
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 Vision Realty, Inc.
Investment Insights
Based on property information with market context.
This townhouse-style quadplex offers four units, with a two-bedroom and 1.5-bath layout per unit. The property includes basements that house laundry and provide storage space. Updates called out in the remarks include new cabinets in the kitchen and new mechanicals installed in 2023. One unit is currently vacant and ready for an owner-occupant or new resident.
Located at 455 Barnett Road, Columbus, OH 43213, the property is described as being minutes from Bexley, Whitehall, the airport, and DSCC Military Base, with convenient access to the highway, shopping, and local dining.
Per the provided information, two of the four units are occupied by stable long-term tenants, while the other two units are not. Current rents are stated as $1,050 per month per unit, with the seller indicating market rent closer to $1,300. The back of the property includes steps leading to outdoor space with room for parking and a large yard.
Located at 455 Barnett Road, Columbus, OH 43213, the property is described as being minutes from Bexley, Whitehall, the airport, and DSCC Military Base, with convenient access to the highway, shopping, and local dining.
Per the provided information, two of the four units are occupied by stable long-term tenants, while the other two units are not. Current rents are stated as $1,050 per month per unit, with the seller indicating market rent closer to $1,300. The back of the property includes steps leading to outdoor space with room for parking and a large yard.
Key Highlights
- 4 townhouse‑style units built in 1967, each unit offering 2 bedrooms and 1.5 bathrooms
- One unit is currently vacant and ready for owner occupancy or a new tenant
- Basements include laundry and room for storage
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 | $76.7k | $13.32 |
| − Vacancy | −$5.0k | −$0.87 |
| EGI | $71.7k | $12.45 |
| − OpEx | −$32.3k | −$5.60 |
| NOI | $39.5k | $6.85 |
5,760 SF · lease $13.32/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$700.7K
$613.1K – $817.5K
NOI $49,047 @ 7.0% cap · market cap 11.41%
Second Best
Apartment 5plus
$563.6K
$493.2K – $657.6K
NOI $39,455 @ 7.0% cap · market cap 9.18%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,029 @ 7.0% cap · market cap 19.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four townhouse-style units, each with two bedrooms and 1.5 baths; one unit is currently vacant.
Where is this quadplex located?
The property is located at 455 Barnett Road Columbus, OH.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 4 townhouse‑style units built in 1967, each unit offering 2 bedrooms and 1.5 bathrooms; One unit is currently vacant and ready for owner occupancy or a new tenant; Basements include laundry and room for storage
