673 E Sycamore Street Columbus, OH 43206
MULTI_FAMILY - Columbus, OH
Property Features for 673 E Sycamore Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4
- Standard status
- Active
- APN
- 010-196513
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2700
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
Listing agent Kelly M Hamilton License #2023005710 (614) 746-3881
Listing office Realty Forward 3407 Grant Ave. 2nd floor, Grove City, OH (614) 219-9214
Listing date Jun 27, 2026
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 673 E Sycamore Street in Columbus, Ohio (43206). The listing notes convenient access to German Village, Downtown Columbus, the Brewery District, and Nationwide Children’s Hospital, with the hospital’s presence described as a draw for healthcare professionals and long-term renters.
For investors or owner-operators, the current leasing structure is positioned for immediate income, with a new lease beginning August 1 and the property described as reaching 100% occupancy. With one unit already updated and the other offering room for cosmetic upgrades, the duplex provides a practical mix of in-place tenancy and potential for continued property improvement. If you’re seeking a straightforward duplex setup with clear unit count and bedroom/bathroom configuration, this property is designed for a hands-on approach to maintaining and enhancing rental readiness.
Key Highlights
- Fully occupied duplex with 1,992 SF total and two 2‑bedroom, 1‑bath units
- Unit 673 has been recently updated and includes a large fenced backyard
- Unit 675 has upside with opportunity for future cosmetic improvements
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 | $26.1k | $13.08 |
| − Vacancy | −$1.8k | −$0.92 |
| EGI | $24.2k | $12.16 |
| − OpEx | −$7.3k | −$3.65 |
| NOI | $17.0k | $8.52 |
