Two-Story Duplex with
923925 923-925 Bluffway Dr, Columbus, OH 43235
For Sale
$350,000
Two residential units feature refreshed finishes, fireplaces, garage parking, and a spacious deck.
Property Size3,208 SF
Lot Size0.29 Acres
Price / SF$109.10
Days on Market53
Property Features for 923925 923-925 Bluffway Dr
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
Full Basement
Fireplace
Deck
Building Details
Year Built
Buildings
Stories
Listing Agency:
Auction Ohio
Listed By:
Brian G Davis · License #2013000654
(614) 499-3340
Source:
Kwcore
Added: Sep 16
Changed: Oct 25
Last Checked: Oct 7 at 2:23PM
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 Auction Ohio
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Investment Insights
Based on property information with market context.
This two-story duplex contains approximately 3,208 square feet of finished living space across two residential units. Each unit offers 3 bedrooms and 1.5 baths, for a combined total of 6 bedrooms, 2 full baths, and 2 half baths. The property also includes a full basement, two fireplaces, two garage spaces, and a spacious deck.
Built in 1976 on approximately 0.29± acres, the duplex is located in the Worthington City School District. Recent work includes a new Furnace-A/C, new water heater, newer roof, fresh paint, and new carpet on the 923 side, along with new carpet on the 925 side.
Built in 1976 on approximately 0.29± acres, the duplex is located in the Worthington City School District. Recent work includes a new Furnace-A/C, new water heater, newer roof, fresh paint, and new carpet on the 923 side, along with new carpet on the 925 side.
Key Highlights
- Two‑story duplex with two residential units
- Approximately 3,208 square feet of finished living space
- Each unit includes 3 bedrooms and 1.5 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,710
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,200
$614.2K
Cap Rate 7%
$438,714
$438.7K
Cap Rate 9%
$341,222
$341.2K
Market Conditions
NOI Build-Up for 3,208 SF
Gross rent
$58.9K $18.36/SF
− Vacancy
−$3.1K −$0.95/SF
EGI
$55.8K $17.41/SF
− OpEx
−$25.1K −$7.83/SF
NOI
$30.7K $9.57/SF
Area
ZIP 43235
Vacancy
5.20%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,200
Cap Rate 7%
$438,714
Cap Rate 9%
$341,222
Alternative Uses
Best Use
Multifamily LT 5
$485.9K
$425.2K – $566.9K
NOI $34,014 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$438.7K
$383.9K – $511.8K
NOI $30,710 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$649.6K
$568.4K – $757.9K
NOI $45,475 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 43235, OH
45,561
Population
20,855
Households
2.2
Avg Household Size
36
Median Age
59%
College-Educated
96%
High-School Grad
14.2 sq mi
ZIP Area
3,209
Density / Sq Mi
$86,758
Median Household Income
$54,814
Median Earnings
$1,412
Median Rent
$346,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Columbus, OH
Properties on Market for Duplexes in Columbus
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature refreshed finishes, fireplaces, garage parking, and a spacious deck.
Where is this duplex located?
The property is located at 923925 923-925 Bluffway Dr 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: Two‑story duplex with two residential units; Approximately 3,208 square feet of finished living space; Each unit includes 3 bedrooms and 1.5 baths
