Duplex Property with
New
For Sale
$400,000
6711-6713 Welland St, Dublin, OH 43017
Offered alongside a neighboring duplex, the property is near Riverside Green Park and within the Dublin school district.
Property Size1,921 SF
Price / SF$208.22
Days on Market3
Property Features for 6711-6713 Welland St
General Information
Standard status
Active
Size
1,921 SF
Property subtype
Multi-Family
Building Details
Year Built
1980
Buildings
2
Listing Agency:
Francis Cobbina, Century 21 Homestar
Listed By:
Rhiannon Ferrari · License #2009003178
(614) 226-1039
Source:
Ferrarihomegroup
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 25 at 2:31AM
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 Francis Cobbina, Century 21 Homestar
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 two-story duplex, built in 1980, has 4 bedrooms, 2 full bathrooms and 2 half bathrooms. Each unit includes a one-car garage, and the basements offer additional potential living space.
The property is being sold with the neighboring duplex at 3285-3287 Delburn Ave. Riverside Green Park is next door, and the property is in the Dublin school district.
The property is being sold with the neighboring duplex at 3285-3287 Delburn Ave. Riverside Green Park is next door, and the property is in the Dublin school district.
Key Highlights
- Two‑story duplex built in 1980
- 4 bedrooms, 2 full bathrooms and 2 half bathrooms
- One‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,368
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,360
$407.4K
Cap Rate 7%
$290,971
$291.0K
Cap Rate 9%
$226,311
$226.3K
Market Conditions
NOI Build-Up for 1,921 SF
Gross rent
$31.1K $16.20/SF
− Vacancy
−$2.0K −$1.05/SF
EGI
$29.1K $15.15/SF
− OpEx
−$8.7K −$4.54/SF
NOI
$20.4K $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%
$407,360
Cap Rate 7%
$290,971
Cap Rate 9%
$226,311
Alternative Uses
Best Use
Multifamily LT 5
$291.0K
$254.6K – $339.5K
NOI $20,368 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$283.6K
$248.1K – $330.9K
NOI $19,851 @ 7.0% cap · market cap 4.96%
Theoretical Best
Specialty Retail
$391.6K
$342.7K – $456.9K
NOI $27,415 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Offered alongside a neighboring duplex, the property is near Riverside Green Park and within the Dublin school district.
Where is this duplex located?
The property is located at 6711-6713 Welland St Dublin, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑story duplex built in 1980; 4 bedrooms, 2 full bathrooms and 2 half bathrooms; One‑car garage for each unit
