For Sale
$230,000
739 Maple Street, Columbus, IN 47201
Residential Income, Columbus, IN
Property Size2,296 SF
Lot Size0.14 Acres
Price / SF$100.17
Days on Market93
Property Features for 739 Maple Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RESIDENTIAL - 2 FAMILY DW
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bedroom 1
Subdivision
Original Town Of Columbus
Elementary school
Lillian Schmitt Elementary School
Middle school
Central Middle School
High school
Columbus North High School
Elementary school district
Bartholomew Con School Corp
Middle school district
Bartholomew Con School Corp
High school district
Bartholomew Con School Corp
Directions
GPS Friendly
Standard status
Active
APN
039619310012000005
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Irwin Maple Grove Lot 22
Tax Annual Amount
1996
Legal Description
Irwin Maple Grove Lot 22
Utilities
Heating system
Electric (Heating), Natural Gas, Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1905
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding
Architectural style
Split Level
Listing Agency:
RE/MAX Tower · RE/MAX International
(812) 662-7878
Listed By:
Douglas Orr · License #RB17001806
(812) 662-4642
Added: Jul 13
Changed: Oct 8
Last Checked: Oct 13 at 7:06AM
MLS# 22114116
Copyright © 2026 Broker Listing Cooperative®. 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.
Built in 1905, this duplex contains 2,296 square feet of living area on a 6,000-square-foot lot. Exterior construction is aluminum siding. Heating options include electric and natural gas, delivered through a forced-air system; cooling is provided by window units.
The property is zoned Residential - 2 Family DW and occupies a 0.14-acre parcel.
The property is zoned Residential - 2 Family DW and occupies a 0.14-acre parcel.
Key Highlights
- 2,296 square feet of living area
- 6,000‑square‑foot lot; 0.14 acres
- Built in 1905
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,328
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,560
$306.6K
Cap Rate 7%
$218,971
$219.0K
Cap Rate 9%
$170,311
$170.3K
Market Conditions
NOI Build-Up for 2,296 SF
Gross rent
$23.4K $10.20/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$21.9K $9.54/SF
− OpEx
−$6.6K −$2.86/SF
NOI
$15.3K $6.68/SF
Area
Bartholomew County, IN
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,560
Cap Rate 7%
$218,971
Cap Rate 9%
$170,311
Alternative Uses
Best Use
Multifamily LT 5
$219.0K
$191.6K – $255.5K
NOI $15,328 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$203.9K
$178.4K – $237.9K
NOI $14,275 @ 7.0% cap · market cap 6.21%
Theoretical Best
Healthcare Medical
$443.9K
$388.4K – $517.8K
NOI $31,070 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 47201, IN
45,969
Population
20,924
Households
2.2
Avg Household Size
36
Median Age
36%
College-Educated
92%
High-School Grad
201.2 sq mi
ZIP Area
228
Density / Sq Mi
$82,667
Median Household Income
$46,243
Median Earnings
$1,159
Median Rent
$217,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The property has residential two-family zoning and a combination of forced-air heating and window-unit cooling.
Where is this duplex located?
The property is located at 739 Maple Street Columbus, IN.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2,296 square feet of living area; 6,000‑square‑foot lot; 0.14 acres; Built in 1905
