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Duplex with Finished Basements
New
For Sale
$620,000

6406-6408 Wolcott Ct, Dublin, OH 43017

Both residences offer three bedrooms, two bathrooms, a detached garage, and yard space at the front and rear.

Property Size3,248 SF
Price / SF$190.89
Days on Market1

Property Features for 6406-6408 Wolcott Ct

General Information

Standard status Active
Size 3,248 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 1

Amenities

finished basements
front and back yards

Building Details

Year Built 1977
Listing Agency: Cheryl Morgan, Heart & Homepropertymanagement
Listed By: Real Estate Showcase RES
Source: Resmarion
Added: Oct 19 Last Checked: Oct 19 at 6:01AM

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 Cheryl Morgan, Heart & Homepropertymanagement

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Investment Insights

Based on property information with market context.

This 3,248-square-foot duplex contains two residences, each with three bedrooms, two bathrooms, a finished basement, and a detached one-car garage. Both units also have front and rear yards. The property was built in 1977 and is located within the Dublin City Schools district.

The residence identified as 6406 is leased through June 2027. The two-unit configuration provides a total of six bedrooms and four bathrooms.

Key Highlights

  • Two‑unit duplex totaling 3,248 square feet
  • Each unit has 3 bedrooms, 2 bathrooms, and a finished basement
  • One detached one‑car garage per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,438
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,760 $688.8K
Cap Rate 7%
$491,971 $492.0K
Cap Rate 9%
$382,644 $382.6K
Market Conditions
NOI Build-Up for 3,248 SF
Gross rent
$52.6K $16.20/SF
− Vacancy
−$3.4K −$1.05/SF
EGI
$49.2K $15.15/SF
− OpEx
−$14.8K −$4.54/SF
NOI
$34.4K $10.60/SF
Area
Franklin County, OH
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,760
Cap Rate 7%
$491,971
Cap Rate 9%
$382,644

Alternative Uses

Best Use
Multifamily LT 5
$492.0K
$430.5K – $574.0K (±1% cap)
NOI $34,438 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$479.5K
$419.6K – $559.4K (±1% cap)
NOI $33,564 @ 7.0% cap · market cap 5.41%
Theoretical Best
Specialty Retail
$662.2K
$579.4K – $772.5K (±1% cap)
NOI $46,352 @ 7.0% cap · market cap 7.48%
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

495
Businesses Nearby

Demographics for 43017, OH

43,619
Population
16,819
Households
2.6
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
16.1 sq mi
ZIP Area
2,709
Density / Sq Mi
$133,116
Median Household Income
$67,448
Median Earnings
$1,563
Median Rent
$475,200
Median Home Value

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?
Duplex - Both residences offer three bedrooms, two bathrooms, a detached garage, and yard space at the front and rear.
Where is this duplex located?
The property is located at 6406-6408 Wolcott Ct Dublin, OH.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 3,248 square feet; Each unit has 3 bedrooms, 2 bathrooms, and a finished basement; One detached one‑car garage per unit
More about this property
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