Listing Agency: Rich Russo Realty & Co. j***@richrussorealty.com Show Phone

Listed By: Rich Russo · License #BRKP.0700427811

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:22PM

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Investment Insights

Based on property information with market context.

This Craftsman-style duplex contains two residential units, each arranged with two bedrooms and one bathroom. One unit is vacant, while the other is occupied by a long-term tenant under a month-to-month tenancy. The property needs work, providing a clear renovation component for the next owner.

Located at 497 Thurman Avenue in Columbus, Ohio, the property is identified as a duplex with unit 497 and unit 499. Its existing two-unit configuration supports continued residential rental use, subject to applicable requirements.

Key Highlights

• Two‑unit Craftsman‑style duplex at 497 Thurman Avenue
• Each unit includes 2 bedrooms and 1 bathroom
• Unit 499 is currently vacant

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service (Bike/Boat/Book/etc) Store Tech Support Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

688

Businesses Nearby

Explore this area Business Placement

Demographics for 43206, OH

21,594

Population

12,758

Households

1.7

Avg Household Size

35

Median Age

48%

College-Educated

94%

High-School Grad

3.0 sq mi

ZIP Area

7,198

Density / Sq Mi

$74,421

Median Household Income

$52,603

Median Earnings

$1,339

Median Rent

$280,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Two-bedroom, one-bath layouts in each unit, with one apartment vacant and the other occupied by a month-to-month tenant.

Where is this duplex located?

The property is located at 497 Thurman Avenue Columbus, OH.

What are key features of this property?

This property features: Two‑unit Craftsman‑style duplex at 497 Thurman Avenue; Each unit includes 2 bedrooms and 1 bathroom; Unit 499 is currently vacant