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Well-Maintained Duplex With Basements

857 Regina Court Columbus, OH 43204

857 Regina Court, Columbus, OH, 43204
$180,000
Pending
For Sale
$180,000
Pending

Two spacious 2-bedroom units offer hardwood floors, full basements, and dedicated parking off a private drive.

Property Size2,100 SF
Days on Market75

Property Features for 857 Regina Court

General Information

Standard status
Pending
Size
2,100 SF
Property subtype
Multi-Family / Duplex

Building Details

Year Built
1956
Listing agency ERA Real Solutions Realty
Listed by Matthew Piper · License #2015002192
Source Compass
Added: May 8 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 5:55AM

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 ERA Real Solutions Realty


Investment Insights

Based on property information with market context.

This well-maintained duplex includes two spacious 2-bedroom units. Each unit features hardwood floors and a full basement that can support storage needs or additional finishing, depending on the tenant or owner’s plans. The property also has a large rear yard, adding practical outdoor space for residents. A brand-new roof was installed in 2025.

Access is provided via a private drive, with dedicated parking available for residents. The listing notes that the most recent photos reflect Unit B when it was vacant at the time of listing, and that Unit B is currently rented. The property is currently professionally managed.

For buyers, this configuration can work well for a range of ownership approaches, including an investor seeking a duplex with two separate units or an owner-occupant looking to live in one side while maintaining rental income potential from the other. The combination of in-unit hardwood flooring, full basements, dedicated parking, and outdoor yard space supports tenant usability and everyday convenience.

Key Highlights

  • Two 2‑bedroom units with hardwood floors
  • Full basements for each unit, providing storage and potential finishing space
  • Brand‑new roof installed in 2025

Local Financial Insights For Apartment 5plus

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 $28.0k $13.32
− Vacancy −$1.8k −$0.87
EGI $26.2k $12.45
− OpEx −$11.8k −$5.60
NOI $14.4k $6.85
2,100 SF · lease $13.32/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$255.5K
$223.5K – $298.0K (±1% cap)
NOI $17,882 @ 7.0% cap · market cap 9.93%
Second Best
Apartment 5plus
$205.5K
$179.8K – $239.8K (±1% cap)
NOI $14,385 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$437.7K
$383.0K – $510.6K (±1% cap)
NOI $30,636 @ 7.0% cap · market cap 17.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon Nail Salon Pharmacy Skin Care Clinic Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two spacious 2-bedroom units offer hardwood floors, full basements, and dedicated parking off a private drive.
Where is this duplex located?
The property is located at 857 Regina Court Columbus, OH.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Two 2‑bedroom units with hardwood floors; Full basements for each unit, providing storage and potential finishing space; Brand‑new roof installed in 2025
Contact an agent
More about this property
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