Brick Duplex with Detached
For Sale
$369,900
Pending
495 Eastmoor Blvd, Columbus, OH 43209
Two residential units offer fireplaces, separate dining areas, updated furnaces, and renovation flexibility for an owner or investor.
Property Size2,432 SF
Days on Market49
Property Features for 495 Eastmoor Blvd
General Information
Standard status
Pending
Size
2,432 SF
Total Parking Spaces
5
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
Water damage has caused some floor warping
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
fireplace
washer and dryer hookups
Building Details
Year Built
1940
Buildings
1
Construction
brick
Listing Agency:
Samuel Roper, Td Realty Ohio, LLC
Listed By:
Contact LOCAL Agent
(614) 291-1200
Source:
Realtyohio
Added: Aug 20
Changed: Oct 6
Last Checked: Oct 5 at 7:01PM
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 Samuel Roper, Td Realty Ohio, LLC
Investment Insights
Based on property information with market context.
Built in 1940, this all-brick duplex contains two residential units with matching layouts. Each unit includes a living room with fireplace, formal dining room, equipped kitchen, two bedrooms, one full bath, and a bonus room suitable for office, playroom, or storage use. Replacement windows and updated furnaces are already in place. A three-car detached garage, parking for two additional vehicles, and basement washer and dryer hookups add functional support space.
The upper unit is leased on a month-to-month basis, while the lower unit is vacant and requires renovation after water damage resulted in floor warping. The property is within walking distance of Main Street, public transportation, restaurants, shopping, and neighborhood amenities.
The upper unit is leased on a month-to-month basis, while the lower unit is vacant and requires renovation after water damage resulted in floor warping. The property is within walking distance of Main Street, public transportation, restaurants, shopping, and neighborhood amenities.
Key Highlights
- Two‑unit all‑brick duplex built in 1940
- Each unit has 2 bedrooms, 1 full bath, fireplace, dining room, kitchen, and bonus room
- Replacement windows and updated furnaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,709
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,180
$414.2K
Cap Rate 7%
$295,843
$295.8K
Cap Rate 9%
$230,100
$230.1K
Market Conditions
NOI Build-Up for 2,432 SF
Gross rent
$31.8K $13.08/SF
− Vacancy
−$2.2K −$0.92/SF
EGI
$29.6K $12.16/SF
− OpEx
−$8.9K −$3.65/SF
NOI
$20.7K $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%
$414,180
Cap Rate 7%
$295,843
Cap Rate 9%
$230,100
Alternative Uses
Best Use
Multifamily LT 5
$295.8K
$258.9K – $345.2K
NOI $20,709 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$238.0K
$208.2K – $277.7K
NOI $16,659 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$506.8K
$443.5K – $591.3K
NOI $35,479 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Explore this area
Business Placement
Demographics for 43209, OH
27,727
Population
12,689
Households
2.2
Avg Household Size
37
Median Age
57%
College-Educated
96%
High-School Grad
6.1 sq mi
ZIP Area
4,545
Density / Sq Mi
$88,155
Median Household Income
$48,128
Median Earnings
$1,105
Median Rent
$373,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer fireplaces, separate dining areas, updated furnaces, and renovation flexibility for an owner or investor.
Where is this duplex located?
The property is located at 495 Eastmoor Blvd Columbus, OH.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two‑unit all‑brick duplex built in 1940; Each unit has 2 bedrooms, 1 full bath, fireplace, dining room, kitchen, and bonus room; Replacement windows and updated furnaces
