Updated Duplex With Two
906 Ellsworth Avenue Unit 908 Columbus, OH 43206
906 Ellsworth Avenue Unit 908, Columbus, OH, 43206
$384,900
For Sale
$384,900
Each unit offers three bedrooms and one full bath, with multiple major systems updated between 2020 and 2021.
Property Size2,308 SF
Price / SF$166.77
Days on Market35
Property Features for 906 Ellsworth Avenue Unit 908
General Information
- Standard status
- Active
- Size
- 2,308 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1900
Listing agency
RE/MAX Connection
(614) 570-1352
Listed by
Lory Kim · License #2023001372
(614) 570-1352
Source
Compass
Added: Jun 18 Updated: Jul 21 at 7:35AM Checked: Jul 21 at 7:35AM
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 RE/MAX Connection
Investment Insights
Based on property information with market context.
This updated duplex features two separate units, each with three bedrooms and one full bathroom. Unit 906 is currently leased through September, providing immediate rental income. Unit 908 is vacant and available to lease.
The property is located minutes from Downtown Columbus and near major highways, shopping, dining, and entertainment.
Recent improvements include new windows in 2021, new furnaces and AC in 2021, and new hot water tanks around 2020–2021. Additional upgrades include new electric work in 2020 and new plumbing in 2020, along with cosmetic improvements throughout completed between 2020 and 2024.
The property is located minutes from Downtown Columbus and near major highways, shopping, dining, and entertainment.
Recent improvements include new windows in 2021, new furnaces and AC in 2021, and new hot water tanks around 2020–2021. Additional upgrades include new electric work in 2020 and new plumbing in 2020, along with cosmetic improvements throughout completed between 2020 and 2024.
Key Highlights
- Updated duplex with 2 units; each unit has 3 bedrooms and 1 full bathroom
- Building size: 2,308 SF; Unit 906 is leased at $1,550/month through September
- Unit 908 is open to lease at $1,600/month
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 | $30.2k | $13.08 |
| − Vacancy | −$2.1k | −$0.92 |
| EGI | $28.1k | $12.16 |
| − OpEx | −$8.4k | −$3.65 |
| NOI | $19.7k | $8.52 |
2,308 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$280.8K
$245.7K – $327.6K
NOI $19,653 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$225.8K
$197.6K – $263.5K
NOI $15,809 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$481.0K
$420.9K – $561.2K
NOI $33,670 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Each unit offers three bedrooms and one full bath, with multiple major systems updated between 2020 and 2021.
Where is this duplex located?
The property is located at 906 Ellsworth Avenue Unit 908 Columbus, OH.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Updated duplex with 2 units; each unit has 3 bedrooms and 1 full bathroom; Building size: 2,308 SF; Unit 906 is leased at $1,550/month through September; Unit 908 is open to lease at $1,600/month
