Four-Unit Townhome
900 Northwest Boulevard Unit 900906 Columbus, OH 43212
900 Northwest Boulevard Unit 900906, Columbus, OH, 43212
$800,000
For Sale
$800,000
Four townhouse-style units each offer two bedrooms and one bathroom across two levels, with unfinished basements and laundry hookups.
Property Size5,880 SF
Price / SF$136.05
Days on Market23
Property Features for 900 Northwest Boulevard Unit 900906
General Information
- Standard status
- Active
- Size
- 5,880 SF
- Property subtype
- Multi-Family / Townhouse
Building Details
- Year Built
- 1936
Listing agency
Kohr Royer Griffith, Inc.
(614) 578-2947
Listed by
Charles Sipp · License #2025004040
(614) 578-2947
Source
Compass
Added: Jun 30 Updated: Jul 21 at 7:16AM Checked: Jul 21 at 7:16AM
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 Kohr Royer Griffith, Inc.
Investment Insights
Based on property information with market context.
This fully leased four-unit multifamily property features townhouse-style layouts with two bedrooms and one bathroom across two levels in each unit. Each home includes an unfinished basement with washer and dryer hookups. Additional in-unit amenities noted include kitchen appliances, decorative fireplaces, and a mix of hardwood and carpet flooring. The property also provides garage parking, front and rear outdoor living spaces, and limited street parking, and is described as pet-friendly.
The property is located in the Grandview Heights market of Central Ohio, with convenient access to dining, retail, entertainment, and employment centers, along with walk-ability and proximity to downtown Columbus. The Public Remarks also note it is within the Grandview Heights City School District.
With four separate units in place and long-term leases described in the remarks, the property is presented as a stabilized, income-producing asset.
The property is located in the Grandview Heights market of Central Ohio, with convenient access to dining, retail, entertainment, and employment centers, along with walk-ability and proximity to downtown Columbus. The Public Remarks also note it is within the Grandview Heights City School District.
With four separate units in place and long-term leases described in the remarks, the property is presented as a stabilized, income-producing asset.
Key Highlights
- Fully leased 4‑unit multifamily with townhouse‑style layouts
- Each unit offers 2 bedrooms and 1 bathroom across two levels
- Unfinished basements in each unit include washer and dryer hookups
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 | $76.9k | $13.08 |
| − Vacancy | −$5.4k | −$0.92 |
| EGI | $71.5k | $12.16 |
| − OpEx | −$21.5k | −$3.65 |
| NOI | $50.1k | $8.52 |
5,880 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$715.3K
$625.9K – $834.5K
NOI $50,069 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$575.4K
$503.5K – $671.3K
NOI $40,277 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,780 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four townhouse-style units each offer two bedrooms and one bathroom across two levels, with unfinished basements and laundry hookups.
Where is this quadplex located?
The property is located at 900 Northwest Boulevard Unit 900906 Columbus, OH.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Fully leased 4‑unit multifamily with townhouse‑style layouts; Each unit offers 2 bedrooms and 1 bathroom across two levels; Unfinished basements in each unit include washer and dryer hookups
