615-619 Oak St Columbus, OH 43215
Four-unit multifamily property in Columbus, Ohio.
Property Features for 615-619 Oak St
General Information
- Standard status
- Active
- Size
- 6,200 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1920
Listing office Treasure & Associates (614) 499-7066
Listing date Feb 28, 2026
Source Crexi
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 Treasure & Associates
Investment Insights
Based on property information with market context.
Key Highlights
- Multifamily property featuring 4 units.
- Priced at $160,000 per unit, presenting an investment opportunity.
- Built in 1920, offering historical character.
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 | $81.1k | $13.08 |
| − Vacancy | −$5.7k | −$0.92 |
| EGI | $75.4k | $12.16 |
| − OpEx | −$22.6k | −$3.65 |
| NOI | $52.8k | $8.52 |
