Duplex with Fenced Yard
812 Kelton Avenue Columbus, OH 43205
812 Kelton Avenue, Columbus, OH, 43205
$399,999
For Sale
$399,999
Well-maintained duplex with two 3-bedroom units, fenced yard, rear parking, and recent updates including a 2024 roof.
Property Size2,184 SF
Price / SF$183.15
Days on Market33
Property Features for 812 Kelton Avenue
General Information
- Standard status
- Active
- Size
- 2,184 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1926
Listing agency
Fourseasons Realty LLC.
(347) 957-9671
Listed by
Batouly Balde · License #2023000641
(347) 957-9671
Source
Compass
Added: Jun 20 Updated: Jul 21 at 4:38AM Checked: Jul 22 at 8:22AM
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 Fourseasons Realty LLC.
Investment Insights
Based on property information with market context.
This well-maintained duplex includes both units at 812–814 Kelton Avenue, offering two spacious residences. Each unit features 3 bedrooms and 1.5 bathrooms. Recent improvements include a new roof in 2024, updated cabinets, stainless-steel appliances, and granite countertops in both kitchens. The vacant unit has new flooring and has been freshly painted. Both units also include a large unfinished basement for additional storage, and the property offers outdoor space with a fenced yard. Rear parking adds convenient off-street access.
The property is located just minutes from Olde Towne, Downtown Columbus, and Bexley, with convenient access to the Driving Park Library, public transportation, shopping, restaurants, and major freeways.
Offered as a duplex investment property, this configuration is designed to support either an owner-occupant or an investor seeking income potential across both units.
The property is located just minutes from Olde Towne, Downtown Columbus, and Bexley, with convenient access to the Driving Park Library, public transportation, shopping, restaurants, and major freeways.
Offered as a duplex investment property, this configuration is designed to support either an owner-occupant or an investor seeking income potential across both units.
Key Highlights
- Well‑maintained duplex with 2 units: each unit has 3 bedrooms and 1.5 bathrooms
- Recent updates include a new roof (2024), stainless‑steel appliances, updated cabinets, and granite countertops in both kitchens
- Vacant unit features new flooring and has been freshly painted
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 | $28.6k | $13.08 |
| − Vacancy | −$2.0k | −$0.92 |
| EGI | $26.6k | $12.16 |
| − OpEx | −$8.0k | −$3.65 |
| NOI | $18.6k | $8.52 |
2,184 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.7K
$232.5K – $310.0K
NOI $18,597 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$213.7K
$187.0K – $249.3K
NOI $14,960 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$455.2K
$398.3K – $531.0K
NOI $31,861 @ 7.0% cap · market cap 7.97%
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 - Well-maintained duplex with two 3-bedroom units, fenced yard, rear parking, and recent updates including a 2024 roof.
Where is this duplex located?
The property is located at 812 Kelton Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Well‑maintained duplex with 2 units: each unit has 3 bedrooms and 1.5 bathrooms; Recent updates include a new roof (2024), stainless‑steel appliances, updated cabinets, and granite countertops in both kitchens; Vacant unit features new flooring and has been freshly painted
