Duplex with Fenced
963-965 East Rich Street Columbus, OH 43205
963-965 East Rich Street, Columbus, OH, 43205
$410,000
For Sale
$410,000
Duplex offers two units, each with three bedrooms, one full bath, and a private fenced yard.
Property Size2,184 SF
Price / SF$187.73
Days on Market32
Property Features for 963-965 East Rich Street
General Information
- Standard status
- Active
- Size
- 2,184 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1902
Listing Agency
Allure Realty
(614) 406-1813
Listed by
Ty Nisthauz · License #2018004675
(614) 406-1813
Source
Compass
Added: Jun 17 Checked: Jul 17 at 2:39 am
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 Allure Realty
Investment Insights
Based on property information with market context.
This duplex at 963-965 E Rich St includes two residential units, each offering three bedrooms and one full bath. Both sides also feature their own fenced yard, providing separate outdoor space for tenants.
The property is in Columbus’ Near East Side/Olde Towne East area, with proximity to Nationwide Children’s Hospital and Franklin Park Conservatory. It’s also described as near Franklin Park, as well as the East Market/Trolley District.
The layout supports flexible occupancy, whether leasing both sides or occupying one unit while renting the other. Interested buyers should confirm financing and any available down payment assistance options with their lender.
The property is in Columbus’ Near East Side/Olde Towne East area, with proximity to Nationwide Children’s Hospital and Franklin Park Conservatory. It’s also described as near Franklin Park, as well as the East Market/Trolley District.
The layout supports flexible occupancy, whether leasing both sides or occupying one unit while renting the other. Interested buyers should confirm financing and any available down payment assistance options with their lender.
Key Highlights
- Duplex at 963‑965 E Rich St in Columbus
- 2 units; each unit has 3 bedrooms and 1 full bath
- Each unit includes a private fenced yard
Local 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 | $28.6k | $13.08 |
| − Vacancy | −$2.0k | −$0.92 |
| EGI | $26.6k | $12.16 |
| − OpEx | −$8.0k | −$3.65 |
| NOI | $18.6k | $8.52 |
2,184 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.7K
$232.5K – $310.0K
NOI $18,597 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$213.7K
$187.0K – $249.3K
NOI $14,960 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$455.2K
$398.3K – $531.0K
NOI $31,861 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offers two units, each with three bedrooms, one full bath, and a private fenced yard.
Where is this duplex located?
The property is located at 963-965 East Rich Street Columbus, OH.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Duplex at 963‑965 E Rich St in Columbus; 2 units; each unit has 3 bedrooms and 1 full bath; Each unit includes a private fenced yard
