Duplex With Two
891-893 South Weyant Avenue Unit 895 Columbus, OH 43227
891-893 South Weyant Avenue Unit 895, Columbus, OH, 43227
$320,900
For Sale
$320,900
For-sale duplex offering two rental units under one ownership for streamlined residential income management.
Property Size2,590 SF
Price / SF$123.90
Days on Market90
Property Features for 891-893 South Weyant Avenue Unit 895
General Information
- Standard status
- Active
- Size
- 2,590 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1964
Listing agency
Red 1 Realty
(614) 325-1178
Listed by
Charles E Collins · License #2004017581
(614) 325-1178
Source
Compass
Added: Apr 24 Updated: Jul 10 at 1:53PM Checked: Jul 22 at 9:24AM
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 Red 1 Realty
Investment Insights
Based on property information with market context.
This for-sale duplex is configured as two residential units within a single ownership. The property is listed as 891–893 South Weyant Avenue, Unit 895, providing a straightforward structure for rental income and day-to-day property management. The asset is presented as a residential income property within the duplex property category.
The property is located in Columbus, Ohio, and is identified by the provided street address and unit information. As a multi-unit residential asset, it is positioned for investors and owner-operators looking for a compact, manageable rental structure rather than a larger apartment format.
This duplex can fit buyers seeking a two-unit setup for long-term rental use, provided they can underwrite based on their goals and the property’s documented condition and operating assumptions. Because the information provided does not include details on layout specifics, interior finishes, or current tenancy status, prospective buyers should perform their own due diligence regarding unit condition, revenue, expenses, and any needed repairs or compliance items prior to closing.
The property is located in Columbus, Ohio, and is identified by the provided street address and unit information. As a multi-unit residential asset, it is positioned for investors and owner-operators looking for a compact, manageable rental structure rather than a larger apartment format.
This duplex can fit buyers seeking a two-unit setup for long-term rental use, provided they can underwrite based on their goals and the property’s documented condition and operating assumptions. Because the information provided does not include details on layout specifics, interior finishes, or current tenancy status, prospective buyers should perform their own due diligence regarding unit condition, revenue, expenses, and any needed repairs or compliance items prior to closing.
Key Highlights
- Duplex under one ownership with two rental units
- Central air cooling
- Built in 1964
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 | $33.9k | $13.08 |
| − Vacancy | −$2.4k | −$0.92 |
| EGI | $31.5k | $12.16 |
| − OpEx | −$9.5k | −$3.65 |
| NOI | $22.1k | $8.52 |
2,590 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$315.1K
$275.7K – $367.6K
NOI $22,054 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$253.4K
$221.8K – $295.7K
NOI $17,741 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$539.8K
$472.3K – $629.7K
NOI $37,784 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - For-sale duplex offering two rental units under one ownership for streamlined residential income management.
Where is this duplex located?
The property is located at 891-893 South Weyant Avenue Unit 895 Columbus, OH.
What is the asking price?
The asking price for this property is $320,900.
What are key features of this property?
This property features: Duplex under one ownership with two rental units; Central air cooling; Built in 1964
