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Brick Duplex with Updated Systems
For Sale
$350,000

911-913 Linwood Ave, Columbus, OH 43206

Fully occupied income property with professional management near downtown Columbus and neighborhood amenities.

Property Size3,268 SF
Price / SF$107.10
Days on Market69

Property Features for 911-913 Linwood Ave

General Information

Standard status Active
Size 3,268 SF
Property subtype Multi-Family
Occupancy 100%

Building Details

Year Built 1901
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Samuel Roper, Td Realty Ohio, LLC
Listed By: Contact LOCAL Agent
Source: Realtyohio
Added: Jul 30 Changed: Oct 6 Last Checked: Oct 5 at 6:39PM

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 Samuel Roper, Td Realty Ohio, LLC

Investment Insights

Based on property information with market context.

Built in 1901, this solid brick duplex includes two residential units, each with two bathrooms. Both units are fully occupied, with professional management already in place. Recent property updates include all-new HVAC systems in both units, upgraded electric service, and maintenance to the slate roof.

The property is located at 911-913 Linwood Avenue in Columbus's Southern Orchards area, minutes from downtown Columbus, Nationwide Children's Hospital, and the Parsons Avenue corridor. Dining, breweries, parks, public transportation, Scioto Audubon Metro Park, and Topiary Garden are located nearby.

Key Highlights

  • Solid brick duplex built in 1901
  • Two residential units, each with 2 bathrooms
  • Fully occupied with professional management in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,827
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,540 $556.5K
Cap Rate 7%
$397,529 $397.5K
Cap Rate 9%
$309,189 $309.2K
Market Conditions
NOI Build-Up for 3,268 SF
Gross rent
$42.7K $13.08/SF
− Vacancy
−$3.0K −$0.92/SF
EGI
$39.8K $12.16/SF
− OpEx
−$11.9K −$3.65/SF
NOI
$27.8K $8.52/SF
Area
Columbus, OH
Vacancy
7.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,540
Cap Rate 7%
$397,529
Cap Rate 9%
$309,189

Alternative Uses

Best Use
Multifamily LT 5
$397.5K
$347.8K – $463.8K (±1% cap)
NOI $27,827 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$319.8K
$279.8K – $373.1K (±1% cap)
NOI $22,385 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$681.1K
$595.9K – $794.6K (±1% cap)
NOI $47,675 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby

Demographics for 43206, OH

21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied income property with professional management near downtown Columbus and neighborhood amenities.
Where is this duplex located?
The property is located at 911-913 Linwood Ave Columbus, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Solid brick duplex built in 1901; Two residential units, each with 2 bathrooms; Fully occupied with professional management in place
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