Renovated Duplex with
660 Rhoads Avenue Unit 658 Columbus, OH 43205
660 Rhoads Avenue Unit 658, Columbus, OH, 43205
$299,900
For Sale
$299,900
Turnkey duplex with two renovated units, each offering three bedrooms and full basements, plus front and rear decks.
Property Size1,677 SF
Price / SF$178.83
Days on Market18
Property Features for 660 Rhoads Avenue Unit 658
General Information
- Standard status
- Active
- Size
- 1,677 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1941
Listing agency
RE/MAX Affiliates, Inc.
(614) 946-0747
Listed by
Corey LaVeris · License #2007000629
(614) 946-0747
Source
Compass
Added: Jul 6 Updated: Jul 22 at 2:13PM Checked: Jul 22 at 2:13PM
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 RE/MAX Affiliates, Inc.
Investment Insights
Based on property information with market context.
This turnkey, fully renovated duplex offers two separate units, each with three bedrooms and a full basement. Both units have been updated with durable flooring, kitchens with granite countertops, new cabinetry, tile backsplashes, and updated appliances. Bathrooms feature renovated tile surrounds, and interior fixtures, lighting, and finishes have been refreshed throughout. The property also includes front and rear decks for each unit, with the basements providing additional storage or flexible space.
One unit is currently leased through July 2027, providing established income. The currently vacant unit is move-in ready and available for showings.
Major capital improvements include new roof, siding, and HVAC systems, supporting a low-maintenance ownership experience.
One unit is currently leased through July 2027, providing established income. The currently vacant unit is move-in ready and available for showings.
Major capital improvements include new roof, siding, and HVAC systems, supporting a low-maintenance ownership experience.
Key Highlights
- Turnkey duplex built in 1941 with 2 fully renovated units, each featuring 3 bedrooms and full basements
- One unit leased at $1,400/month through July 2027 for current rental income
- Major updates include new roof, siding, and HVAC systems
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 | $21.9k | $13.08 |
| − Vacancy | −$1.5k | −$0.92 |
| EGI | $20.4k | $12.16 |
| − OpEx | −$6.1k | −$3.65 |
| NOI | $14.3k | $8.52 |
1,677 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$204.0K
$178.5K – $238.0K
NOI $14,280 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$164.1K
$143.6K – $191.5K
NOI $11,487 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$349.5K
$305.8K – $407.8K
NOI $24,465 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey duplex with two renovated units, each offering three bedrooms and full basements, plus front and rear decks.
Where is this duplex located?
The property is located at 660 Rhoads Avenue Unit 658 Columbus, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Turnkey duplex built in 1941 with 2 fully renovated units, each featuring 3 bedrooms and full basements; One unit leased at $1,400/month through July 2027 for current rental income; Major updates include new roof, siding, and HVAC systems
