458 Miller Avenue Columbus, OH 43205
Two-story mixed-use building with a six-unit apartment complex.
Property Features for 458 Miller Avenue
General Information
- Standard status
- Active
- Size
- 10,004 SF
- Property subtype
- Retail, Multifamily, Mixed Use
Building Details
- Year Built
- 1912
Listing office Carriage Trade Realty, Inc. (614) 296-5784
Listing date May 13, 2026
Source Crexi
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 Carriage Trade Realty, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Solid brick construction ensures durability.
- Mixed‑use commercial and residential building offers diverse income potential.
- Six‑unit apartment complex provides steady rental income.
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 | $133.3k | $13.32 |
| − Vacancy | −$8.7k | −$0.87 |
| EGI | $124.6k | $12.45 |
| − OpEx | −$56.1k | −$5.60 |
| NOI | $68.5k | $6.85 |
