Brand-New Duplex with Two
961 Heyl Avenue Columbus, OH 43206
For Sale
Contact for pricing
Newly built 2026 duplex offering two three-level units, each with three bedrooms, private baths, and fenced rear yards.
Property Size3,125 SF
Price / SF$196.80
Days on Market109
Property Features for 961 Heyl Avenue
General Information
- Standard status
- Active
- Size
- 3,125 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2026
Listing Agency:
Keller Williams Capital Ptnrs
(614) 402-9451
Listed By:
Ric Smith · License #2009002512
Source:
Crexi
Added: Apr 6
Changed: Jul 23
Last Checked: Jul 23 at 8:24AM
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 Keller Williams Capital Ptnrs
Investment Insights
Based on property information with market context.
This brand-new 2026-built duplex includes two three-level homes, with each unit offering 3 bedrooms and 3.5 bathrooms. Interiors feature luxury vinyl plank flooring, recessed lighting, and modern finishes. Each kitchen is equipped with upgraded stainless steel appliances, including gas ranges, granite countertops, and bar seating with designer pendant lighting, plus pop-up outlets with USB ports. Both units include a first-floor half bath with a space-saving pocket door, two second-floor bedroom suites with private full bathrooms, and a nearby laundry room. The lower level provides a third large bedroom suite with a private bath and an egress window.
Outside, each home has a fenced rear yard with a concrete patio. Garages and driveways provide off-street parking, and the property also includes landscaped front yards. Additional in-unit features include ceiling fans in living areas and bedrooms, designer lighting fixtures, and radon mitigation systems in both units.
The builder indicates approximately 3,125 total square feet of living space across the duplex.
Outside, each home has a fenced rear yard with a concrete patio. Garages and driveways provide off-street parking, and the property also includes landscaped front yards. Additional in-unit features include ceiling fans in living areas and bedrooms, designer lighting fixtures, and radon mitigation systems in both units.
The builder indicates approximately 3,125 total square feet of living space across the duplex.
Key Highlights
- Brand‑new 2026‑built duplex with two three‑level units, each offering 3 bedrooms and 3.5 bathrooms.
- Each unit includes luxury vinyl plank flooring, recessed lighting, and upgraded stainless steel appliances with gas ranges.
- Kitchens feature granite countertops, bar seating with designer pendant lighting, and pop‑up outlets with USB ports.
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 | $40.9k | $13.08 |
| − Vacancy | −$2.9k | −$0.92 |
| EGI | $38.0k | $12.16 |
| − OpEx | −$11.4k | −$3.65 |
| NOI | $26.6k | $8.52 |
3,125 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.1K
$332.6K – $443.5K
NOI $26,610 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$305.8K
$267.6K – $356.8K
NOI $21,406 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$651.3K
$569.9K – $759.8K
NOI $45,589 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newly built 2026 duplex offering two three-level units, each with three bedrooms, private baths, and fenced rear yards.
Where is this duplex located?
The property is located at 961 Heyl Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Brand‑new 2026‑built duplex with two three‑level units, each offering 3 bedrooms and 3.5 bathrooms.; Each unit includes luxury vinyl plank flooring, recessed lighting, and upgraded stainless steel appliances with gas ranges.; Kitchens feature granite countertops, bar seating with designer pendant lighting, and pop‑up outlets with USB ports.
