5232 Karl Road, Columbus, OH 43229
MULTI_FAMILY - Columbus, OH
- Added:
- Jun 26, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 28 at 11:06 pm
Property Features for 5232 Karl Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
- Parking
- 7
- Parking features
- Open
- Standard status
- Active
- APN
- 010-152114
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4420
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1969
- Number of units
- 2
Listing agent Brandon T Prewitt License #2011003092 (614) 394-2910
Listing office RE/MAX Partners 502 S 3rd St., Columbus, OH (614) 224-4900
Listing date Jun 26, 2026
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with 2 units in Columbus' Forest Park community
- Over 2,000 sq. ft. with Unit 5232: 3 bedrooms, 1 full bath, living/dining/kitchen, full basement, washer/dryer hook‑up, 1‑car attached garage
- Unit 5230: 2 bedrooms, 1 bath, full basement, washer/dryer hook‑up, 1‑car garage
- Forced‑air heating and central air cooling
- Fenced backyards and ample off‑street parking
- Public water and public sewer; natural gas available
Overview
Located at 5232 Karl Road in Columbus, the property is described as being situated between Morse Rd and 161, with quick access to I-71, Easton, the airport, and downtown Columbus. The parcel is listed at 0.27 acres.
For buyers seeking a residential income opportunity, the two-unit configuration supports flexible occupancy and lifestyle planning. The presence of full basements and washer/dryer hookups in each unit can help streamline day-to-day living, while attached garage/garage spaces and off-street parking may be important considerations for tenants. The fenced outdoor areas add functional private space for both units.
Local Financial Insights For Multifamily LT 5
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 | $32.4k | $16.20 |
| − Vacancy | −$2.0k | −$1.00 |
| EGI | $30.4k | $15.20 |
| − OpEx | −$9.1k | −$4.56 |
| NOI | $21.3k | $10.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.975896
- Latitude
- 40.073947
