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3-Unit Multifamily Property
For Sale
$440,000

554 Oakwood Avenue, Columbus, OH 43205

The property combines a four-bedroom house with a two-unit brick duplex.

Property SizeContact for details
Days on Market15

Property Features for 554 Oakwood Avenue

General Information

Standard status Active
Property subtype Mixed Use

Units

Unit Mix 1 x 4BR/2.5BA, 2 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $10,289

Building Details

Year Built 1900
Listing Agency: Home Station Realty
Listed By: Jodi E St Clair · License #2023004190
Source: Vutech-ruff
Added: Oct 4 Changed: Oct 11 Last Checked: Oct 16 at 2:56PM

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 Home Station Realty

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Investment Insights

Based on property information with market context.

Built in 1900, this multifamily property contains three separate residences. The Oakwood Avenue house has four bedrooms and two and a half bathrooms. A brick duplex facing Cole Street adds two more residences, each with two bedrooms and one bathroom.

The property is located in Olde Towne East in Columbus, Ohio. Its three-unit configuration includes both a standalone home and a duplex.

Key Highlights

  • Three separate residential units
  • Oakwood Avenue house: 4 bedrooms and 2.5 bathrooms
  • Brick duplex facing Cole Street, with two 2‑bedroom, 1‑bath units

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Acupuncture 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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,608
Businesses Nearby

Demographics for 43205, OH

12,044
Population
7,303
Households
1.6
Avg Household Size
35
Median Age
41%
College-Educated
89%
High-School Grad
2.4 sq mi
ZIP Area
5,018
Density / Sq Mi
$54,214
Median Household Income
$41,219
Median Earnings
$1,050
Median Rent
$290,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The property combines a four-bedroom house with a two-unit brick duplex.
Where is this multifamily property located?
The property is located at 554 Oakwood Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Three separate residential units; Oakwood Avenue house: 4 bedrooms and 2.5 bathrooms; Brick duplex facing Cole Street, with two 2‑bedroom, 1‑bath units
More about this property
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