Brick Ranch
537-539 Barnett Rd, Columbus, OH 43213
For Sale
$199,000
Two-bedroom units in a single-story brick duplex with one side currently leased.
Property Size1,652 SF
Price / SF$120.46
Days on Market51
Property Features for 537-539 Barnett Rd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Construction
Listing Agency:
Suzanne Smith, Howard Hanna Real Estate Svcs
Listed By:
The Daniel Team
(614) 402-5212
Source:
Newdirectionsrealtyltd
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 6 at 8:38AM
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 Suzanne Smith, Howard Hanna Real Estate Svcs
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex is configured as two side-by-side residences, with two bedrooms in each unit. The single-story brick construction dates to 1970, and the property contains 1,652 square feet. One residence is currently leased, providing an existing rental arrangement for the owner.
Located on Barnett Road in Whitehall, the property offers a residential income configuration with separate units under one structure.
Located on Barnett Road in Whitehall, the property offers a residential income configuration with separate units under one structure.
Key Highlights
- Duplex with two bedrooms in each unit
- Single‑story brick construction
- 1,652 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,067
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,340
$281.3K
Cap Rate 7%
$200,957
$201.0K
Cap Rate 9%
$156,300
$156.3K
Market Conditions
NOI Build-Up for 1,652 SF
Gross rent
$21.6K $13.08/SF
− Vacancy
−$1.5K −$0.92/SF
EGI
$20.1K $12.16/SF
− OpEx
−$6.0K −$3.65/SF
NOI
$14.1K $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%
$281,340
Cap Rate 7%
$200,957
Cap Rate 9%
$156,300
Alternative Uses
Best Use
Multifamily LT 5
$201.0K
$175.8K – $234.5K
NOI $14,067 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$161.7K
$141.5K – $188.6K
NOI $11,316 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$344.3K
$301.3K – $401.7K
NOI $24,100 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
Demographics for 43213, OH
35,105
Population
17,069
Households
2.1
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
3,408
Density / Sq Mi
$53,908
Median Household Income
$37,753
Median Earnings
$1,107
Median Rent
$197,700
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Columbus, OH
Properties on Market for Duplexes in Columbus
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units in a single-story brick duplex with one side currently leased.
Where is this duplex located?
The property is located at 537-539 Barnett Rd Columbus, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Duplex with two bedrooms in each unit; Single‑story brick construction; 1,652 square feet
