4879-4883 Herndon Dr Columbus, OH 43221
This Columbus, Ohio duplex, located at 4879-4883 Herndon Drive, presents a compelling investment opportunity. Built in 1988, this property boasts two spacious units, each featuring three bedrooms, two and a half bathrooms, a basement, a one-car garage, a fenced yard, and a deck. Situated on a sizable 7,840.8 square foot lot, the property offers ample parking. Both units are currently rented, generating consistent rental income. The asking price is $459,900, translating to $169.08 per square foot. The property is conveniently located in Columbus, within the Franklin County jurisdiction and the 43221 zip code, and falls under the Hilliard school district. A unique feature is that the duplex sits on two separate parcels, offering the potential for phased sales if desired by the new owner. This multifamily property is an ideal addition to any investment portfolio, promising strong returns and long-term value. The property's size, location, and current rental status make it a highly attractive investment opportunity in the Columbus market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.