6-Unit Brick Apartment
94 North 20th Street Columbus, OH 43203
94 North 20th Street, Columbus, OH, 43203
$890,000
For Sale
$890,000
Stately six-unit brick building with private porches, off-street parking, and basement storage with laundry hookups.
Property Size7,560 SF
Price / SF$117.72
Days on Market264
Property Features for 94 North 20th Street
General Information
- Standard status
- Active
- Size
- 7,560 SF
- Property subtype
- Multi-Family / Midrise
Building Details
- Year Built
- 1925
Listing agency
Northsteppe Realty
(216) 513-2335
Listed by
Michael L Linsker · License #2009000205
(216) 513-2335
Source
Compass
Added: Nov 1, 2025 Updated: Jul 21 at 10:33PM Checked: Jul 21 at 10:33PM
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 Northsteppe Realty
Investment Insights
Based on property information with market context.
Stately six-unit brick apartment building featuring hardwood floors and decorative fireplaces. Units include private porches, and the building offers off-street parking for residents. Basement storage units are available, with washing machines and dryer hookups noted for tenant use.
The property is located in the Olde Towne / King Lincoln area of Columbus, OH. Five of six units are currently occupied by the seller’s tenants, with one unit available for showings.
Leases are month-to-month. Utilities are described as separately billed and/or passed through to tenants, which can support flexible occupancy terms.
The property is located in the Olde Towne / King Lincoln area of Columbus, OH. Five of six units are currently occupied by the seller’s tenants, with one unit available for showings.
Leases are month-to-month. Utilities are described as separately billed and/or passed through to tenants, which can support flexible occupancy terms.
Key Highlights
- 1925‑built stately 6‑unit brick building
- Radiant gas heating in the building
- Private porches and off‑street parking
Local Financial Insights For Apartment 5plus
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 | $100.7k | $13.32 |
| − Vacancy | −$6.5k | −$0.87 |
| EGI | $94.2k | $12.45 |
| − OpEx | −$42.4k | −$5.60 |
| NOI | $51.8k | $6.85 |
7,560 SF · lease $13.32/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$739.8K
$647.3K – $863.1K
NOI $51,785 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,288 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Stately six-unit brick building with private porches, off-street parking, and basement storage with laundry hookups.
Where is this apartment building located?
The property is located at 94 North 20th Street Columbus, OH.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: 1925‑built stately 6‑unit brick building; Radiant gas heating in the building; Private porches and off‑street parking
