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314 Wyandotte Avenue Columbus, OH 43202 314 Wyandotte Ave

2 Unit Apartment Building $375,000 ($187,500/Unit) 2.77% Cap Rate Columbus, OH 43202

Executive Summary

314 Wyandotte Avenue is a 3 bedroom 1 bathroom single family home rented at $1,625 per month. Leased through January 2025. 314.5 Wyandotte Avenue is a 1 bedroom 1 bathroom efficiency apartment in the rear on the second floor with its own private entrance. It is rented at $849 per month and currently leased through July 2025. 314 features first floor laundry, dining room, living room, and kitchen. A basement for storage is accessible from the main 3 bed home. Off street parking. Storage space located below the 1 bedroom unit includes a private washer and dryer. Located minutes from the Ohio State University.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $375,000
Price Per Unit $187,500
Sale Type Investment
Cap Rate 2.77%
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Single Family Home
Lot Size 0.10 AC
Building Size 2,024 SF
Average Occupancy 100%
No. Stories 2
Year Built 1910
Parking Ratio 0.99/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $849.00 -
3+1 1 $1,625 -
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R-2F
R-2F
  • Listing ID: 32595264

  • Date on Market: 7/26/2024

  • Last Updated:

  • Address: 314 Wyandotte Ave, Columbus, OH 43202

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