85-87 N Yale Avenue Columbus, OH 43222

Building Details

Year Built

1910

Listing agency e-Merge Real Estate Excellence

Listed by Katharine A Blades · License #2020005166

Source Crexi

Added: Feb 27 Updated: Jul 21 at 6:34PM Checked: Jul 21 at 6:34PM

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Investment Insights

Based on property information with market context.

This duplex residential income property features three bedrooms and one bathroom on each side. The seller’s materials indicate current rental income of $1,550 per month per side, with one side currently vacant. Based on the provided figures, potential combined rent is $3,100 per month, with potential gross annual rental income of $36,000.

The subject property is located at 85-87 N Yale Avenue in Columbus, OH 43222. Please do not disturb tenants on the occupied side (87), and review the additional income and expense details in A2A.

If fully occupied, the listing materials state that applying 30% operating expenses to the provided gross rents results in an estimated 8.5%–9% capitalization rate, according to the seller’s assumptions.

Key Highlights

• Duplex built in 1910 with 3 bedrooms and 1 bathroom on each side
• One side currently vacant, allowing for owner‑occupant or full‑rental use
• Current rent: $1,550 per month per side

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FAQs

What type of property is this?

Duplex - Duplex with three bedrooms and one bathroom on each side; one side is currently vacant.

Where is this duplex located?

The property is located at 85-87 N Yale Avenue Columbus, OH.

What is the asking price?

The asking price for this property is $279,900.

What are key features of this property?

This property features: Duplex built in 1910 with 3 bedrooms and 1 bathroom on each side; One side currently vacant, allowing for owner‑occupant or full‑rental use; Current rent: $1,550 per month per side