Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1184-1186 Linwood Ave Columbus, OH 43206
    Back to Search
    Property profile & analytics

    1184-1186 Linwood Ave, Columbus, OH 43206

    View on Map
    • Small apartment buildings
    Off-Market
    Property ID
    US66-5596032
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Small apartment buildings

    Property Details for 1184-1186 Linwood Ave

    Year built
    1927
    Property type
    Small apartment buildings

    Description

    This stunning, completely renovated 2-unit duplex at 1184-1186 Linwood Avenue in Columbus, Ohio, presents an exceptional opportunity for owner-occupants or investors. Built in 1927 and situated on a 4,791.6 square foot lot, this property boasts a remarkable transformation. Every aspect has been meticulously updated, including a brand new roof, windows, HVAC system, plumbing, electrical wiring, drywall, flooring, trim, and interior and exterior doors. The kitchens feature high-end appliances, and the bathrooms offer luxurious finishes. Exterior improvements include fresh siding, a privacy fence, and beautifully landscaped grounds. The charming porches have been completely rebuilt. Four off-street parking spaces are conveniently located behind the new back fence. This turnkey property is tax abated and ready for immediate occupancy. The asking price is $399,900, with a price per square foot of $190.79. Don't miss this rare chance to acquire a meticulously renovated property in a prime Columbus location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9661207
    Latitude
    39.9413359

    Comparable in this City

    • $399,000
      0.14 Acres

      Duplexes Package - Investment Opportunity

      Four units across two properties, steady occupancy, strong rental demand.
      1432-1436 Oakwood Ave, Columbus, OH 43206
      View Details
    • $629,000

      Four Unit Townhome Style Property

      Four townhome-style units with private yards and unfinished basements.
      798-804 East Whittier St, Columbus, OH 43206
      View Details
    • $599,900
      0.09 Acres

      Renovated Duplex in Merion Village

      Updated duplex in Merion Village, ideal for investors or owner-occupants.
      407 Hanford St, Columbus, OH 43206
      View Details
    • $460,000
      3,990 SF

      Renovated Duplex Near Downtown Columbus

      Turnkey duplex with strong rental demand and convenient downtown access.
      1001-1003 Linwood Ave, Columbus, OH 43206
      View Details
    • $687,400
      0.10 Acres

      Multifamily Property Near Schiller Park

      Updated duplex near Thurman Cafe and Schiller Park, Columbus, OH.
      154-156 E Gates St, Columbus, OH 43206
      View Details
    • $375,000
      0.10 Acres

      Brick Duplex Investment Opportunity

      Turnkey brick duplex with full occupancy and professional management, featuring recent HVAC, electrical, and slate roof updates.
      911 Linwood Ave, Columbus, OH 43206
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Renovated Duplex in Merion Village

      Fully renovated 3-bedroom, 2-bathroom duplex in Merion Village.
      407 Hanford St, Columbus, OH 43206
      View Details
    • $289,900
      1,780 SF

      Updated Duplex with Income Potential

      Updated duplex with two units, ideal for owner occupant.
      1286-1288 Oakwood Ave, Columbus, OH 43206
      View Details
    • $230,000
      1,600 SF

      Turn-Key Investment Near Children's Hospital

      Fully occupied duplex near downtown Columbus with immediate rental income.
      1751-1753 East Frankfort St, Columbus, OH 43206
      View Details
    • Contact for pricing

      Updated Duplex in Southern Orchards

      Well-maintained, fully occupied duplex with recent updates and strong rental income.
      1150 S Ohio Ave, Columbus, OH 43206
      View Details
    • Contact for pricing

      909-915 Wilson Avenue, Columbus, OH 43206

      Quadplexes
      909-915 Wilson Ave, Columbus, OH 43206
      View Details
    • Contact for pricing

      Duplex Investment Opportunity

      Side-by-side duplexes with strong rental income and steady occupancy.
      1432-1436 Oakwood Ave, Columbus, OH 43206
      View Details

    Similar Nearby for Lease

    • $1.27 SF/Yr
      23,492 SF

      Creative Space for Rent

      Open creative space in vibrant community with planned garden.
      705 Ann St, Columbus, OH 43206
      View Details
    • Contact for pricing

      781 S Front Street, Columbus, OH 43206

      Retail space
      781 S Front St, Columbus, OH 43206
      View Details
    • Contact for pricing

      Class A Office Building

      LEED Silver certified office building in Downtown Columbus.
      671 S High St, Columbus, OH 43206
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on South High

      Prime retail location with high traffic and visibility.
      1264-1270 South High St, Columbus, OH 43206
      View Details
    • $0.11 SF/Yr
      2,100 SF

      Brewery District Retail Space

      Columbus Retail Building - 2100 sq ft
      781 Front St, Columbus, OH 43206
      View Details
    • Contact for pricing
      2,756 SF

      Northwoods Office Space Available

      Office space for rent in the Center at Northwoods.
      7965 N High St, Columbus, OH 43206
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1184-1186 Linwood Ave
    Columbus, OH 43206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1184-1186 Linwood Ave, Columbus, OH, 43206
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!