Duplex with Bonus Loft
526 West 1st Avenue Columbus, OH 43201
For Sale
$549,900
Duplex offers two 3-bedroom units, with unit 528 featuring a bonus loft/office area.
Property Size3,021 SF
Price / SF$182.03
Days on Market108
Property Features for 526 West 1st Avenue
General Information
- Standard status
- Active
- Size
- 3,021 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1900
Listing Agency:
RZ Realty
(614) 374-5050
Listed By:
Jay R Zollars · License #363667
(614) 374-5050
Source:
Compass
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 24 at 12:28PM
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 RZ Realty
Investment Insights
Based on property information with market context.
This duplex consists of two sides, each offering 3 bedrooms. Unit 528 also includes a bonus loft/office area, providing additional flexible space within the home’s layout.
The property is located at 526 West 1st Avenue in Columbus, Ohio, and is being offered for sale.
For buyers and investors seeking a straightforward two-unit residential income configuration, this layout provides consistent bedroom count on both sides, with one unit adding extra room via the loft/office area.
The property is located at 526 West 1st Avenue in Columbus, Ohio, and is being offered for sale.
For buyers and investors seeking a straightforward two-unit residential income configuration, this layout provides consistent bedroom count on both sides, with one unit adding extra room via the loft/office area.
Key Highlights
- Duplex with two 3‑bedroom units
- Unit 528 includes a bonus loft/office area
- Forced‑air heating
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 | $39.5k | $13.08 |
| − Vacancy | −$2.8k | −$0.92 |
| EGI | $36.7k | $12.16 |
| − OpEx | −$11.0k | −$3.65 |
| NOI | $25.7k | $8.52 |
3,021 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$367.5K
$321.6K – $428.7K
NOI $25,724 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$295.6K
$258.7K – $344.9K
NOI $20,693 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$629.6K
$550.9K – $734.5K
NOI $44,071 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offers two 3-bedroom units, with unit 528 featuring a bonus loft/office area.
Where is this duplex located?
The property is located at 526 West 1st Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Duplex with two 3‑bedroom units; Unit 528 includes a bonus loft/office area; Forced‑air heating
