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    1440-1442 Hamlet St Columbus, OH 43201

    For Sale
    $535,000

    Fully renovated, 2-unit apartment building.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This fully renovated duplex in Columbus, Ohio, presents a compelling investment opportunity. Located at 1440-1442 Hamlet Street, in the 43201 zip code, this property boasts a prime location just steps from the Short North Arts District, Ohio State University, and SoHud, offering easy access to shopping, dining, and entertainment. Built in 1918, the property sits on a 4,356 square foot lot and features two units: one with three bedrooms and one bathroom, and the other with two bedrooms and one bathroom. Each unit includes a full basement and off-street parking accessible via the alley. The asking price is $535,000, translating to $241.64 per square foot. This property is ideal for owner-occupants seeking a house-hack opportunity or investors looking for long-term or short-term rental income potential in a high-demand area. The property's proximity to major attractions and amenities makes it an attractive option for renters, ensuring strong occupancy rates and potential for high returns. This is a rare opportunity to acquire a well-maintained, centrally located duplex in a thriving Columbus neighborhood.

    Property Features for 1440-1442 Hamlet St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1918
    Units
    2

    HighLights

    • $535,000 asking price.
    • Multifamily property, Duplex/Triplex/Quadruplex, 2 units.
    • $241.64 price per square foot.
    • Built in 1918, 4,356 sq ft lot.
    • Prime Columbus, OH location near Short North Arts District and Ohio State University.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0001601
    Latitude
    39.9924404

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    FAQs

    What type of property is this?
    Multifamily property - Fully renovated, 2-unit apartment building.
    Where is this multifamily property located?
    The property is located at 1440-1442 Hamlet St Columbus, OH.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: $535,000 asking price.; Multifamily property, Duplex/Triplex/Quadruplex, 2 units.; $241.64 price per square foot.
    Request Owner's contact information
    1440-1442 Hamlet St Columbus, OH 43201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1440-1442 Hamlet St Columbus, OH 43201
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