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New Duplex with Fenced Rear Yards

901-903 Miller Avenue Columbus, OH 43206

New
901-903 Miller Avenue, Columbus, OH, 43206
$599,900
For Sale
$599,900

MULTI_FAMILY - Columbus, OH

Property Size3,125 SF
Lot Size0.10 Acres
Price / SF$191.97
Days on Market3

Property Features for 901-903 Miller Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Rooms
Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 5
Parking features
Open
Standard status
Active
APN
010-055283
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
2026
Number of units
2
Listing agency Keller Williams Capital Ptnrs
Listed by Ric Smith
Added: Jul 20 Updated: Jul 21 at 2:13PM Checked: Jul 22 at 1:06PM
MLS# 226027096

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This brand-new 2026-built duplex features two three-level homes, each offering 3 bedrooms and 3.5 bathrooms. Interiors are laid out with a bright, open living area including luxury vinyl plank flooring and recessed lighting. Each home includes an inviting front porch, a kitchen with stainless steel appliances and granite countertops, and a first-floor half bath with a pocket door. Upstairs, there are two bedroom suites, each with a private full bathroom, along with a nearby laundry room. The lower level provides a third large bedroom suite with a private bath and an egress window. Outside, both homes offer fenced rear yards with concrete patios, and each unit includes a garage.

The property is located at 901 Miller Avenue in Columbus, Ohio (43206), in Franklin County.

The duplex is described as having radon mitigation systems in both units and landscaped front yards.

Key Highlights

  • Brand‑new 2026‑built duplex with two 3‑level homes, each offering 3 bedrooms and 3.5 bathrooms
  • Projected rental income of $2,000–$2,200 per unit
  • Approximately 3,125 total SF of living space per builder’s statement

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 $40.9k $13.08
− Vacancy −$2.9k −$0.92
EGI $38.0k $12.16
− OpEx −$11.4k −$3.65
NOI $26.6k $8.52
3,125 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$380.1K
$332.6K – $443.5K (±1% cap)
NOI $26,610 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$305.8K
$267.6K – $356.8K (±1% cap)
NOI $21,406 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$651.3K
$569.9K – $759.8K (±1% cap)
NOI $45,589 @ 7.0% cap · market cap 7.60%
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 Gym & Fitness Center Spa & Massage Center Computer & Electronic Repair Cafe & Coffee Shop HVAC Service Acupuncture Big Box & Wholesale Store Bakery

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

FAQs

What type of property is this?
Duplex - Brand-new 2026 duplex with two three-level homes, each with 3 bedrooms and 3.5 bathrooms, plus fenced rear yards and garages.
Where is this duplex located?
The property is located at 901-903 Miller Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Brand‑new 2026‑built duplex with two 3‑level homes, each offering 3 bedrooms and 3.5 bathrooms; Projected rental income of $2,000–$2,200 per unit; Approximately 3,125 total SF of living space per builder’s statement
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