2-Unit Duplex with
New
For Sale
$495,000
4856-4860 Briston Dr, Columbus, OH 43221
Each residence has a private deck, yard, unfinished basement, and separately metered city water.
Property Size2,720 SF
Price / SF$181.99
Days on Market2
Property Features for 4856-4860 Briston Dr
General Information
Standard status
Active
Size
2,720 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Amenities
open kitchen and eating area
spacious first-floor living room
half bath
private unfinished basement
large yards with decks
private ensuite bath
Building Details
Year Built
1988
Tenancy
Multi
Listing Agency:
Andrena Boyd, Crt, Realtors
Listed By:
Contact LOCAL Agent
(614) 291-1200
Source:
Realtyohio
Added: Oct 7
Last Checked: Oct 7 at 9:33AM
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 Andrena Boyd, Crt, Realtors
Investment Insights
Based on property information with market context.
Built in 1988, this duplex consists of two townhouse-style residences, each with three bedrooms and two full baths plus a half bath. Both homes have an open kitchen and eating area, a first-floor living room, and an unfinished basement. Each also includes an attached one-car garage, additional off-street parking, and a yard with a deck.
The property is in the Hilliard school district and near schools, retail, and major freeways. Separate city water meters serve the two units, and the property is fully occupied.
The property is in the Hilliard school district and near schools, retail, and major freeways. Separate city water meters serve the two units, and the property is fully occupied.
Key Highlights
- Two townhouse‑style units, each with 3 bedrooms and 2½ baths
- Built in 1988
- Each unit has an attached one‑car garage plus additional off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,161
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,220
$463.2K
Cap Rate 7%
$330,871
$330.9K
Cap Rate 9%
$257,344
$257.3K
Market Conditions
NOI Build-Up for 2,720 SF
Gross rent
$35.6K $13.08/SF
− Vacancy
−$2.5K −$0.92/SF
EGI
$33.1K $12.16/SF
− OpEx
−$9.9K −$3.65/SF
NOI
$23.2K $8.52/SF
Area
Columbus, OH
Vacancy
7.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,220
Cap Rate 7%
$330,871
Cap Rate 9%
$257,344
Alternative Uses
Best Use
Multifamily LT 5
$330.9K
$289.5K – $386.0K
NOI $23,161 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$266.2K
$232.9K – $310.5K
NOI $18,631 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$566.9K
$496.0K – $661.3K
NOI $39,680 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Explore this area
Business Placement
Demographics for 43221, OH
33,844
Population
15,462
Households
2.2
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
9.5 sq mi
ZIP Area
3,563
Density / Sq Mi
$115,393
Median Household Income
$65,082
Median Earnings
$1,441
Median Rent
$419,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private deck, yard, unfinished basement, and separately metered city water.
Where is this duplex located?
The property is located at 4856-4860 Briston Dr Columbus, OH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two townhouse‑style units, each with 3 bedrooms and 2½ baths; Built in 1988; Each unit has an attached one‑car garage plus additional off‑street parking
