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Property profile & analytics
OFF-MARKET
Apartment buildings

4879-4883 Herndon Dr Columbus, OH 43221

Built 1988
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1988
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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