$1,350,000

Estimated payment $10,029/month

-- Bed
-- Bath
9,652 Sq Ft
$140 Price per Sq Ft

About This Home

Strategically located on Iuka Avenue—one of the most sought-after residential corridors adjacent to The Ohio State University, this property benefits from strong, consistent demand from both student housing and short-term rental markets. Current in-place rents are well below market, creating a compelling value-add opportunity through targeted unit renovations and lease repositioning. The asset has been well-maintained, with value creation focused primarily on cosmetic and operational enhancements. With one down unit in need of a full update. Select units are already configured for Airbnb, providing immediate short-term rental income potential and flexibility in leasing strategy. In addition, on-site garage structures offer the opportunity for supplemental rental or storage income, further enhancing overall cash flow. This is a rare chance to acquire a well-located property with multiple avenues for upside, strong fundamentals, and proven demand drivers.

Listing Agent

Zeke Liston

Verti Commercial Real Estate L License #2019005269 Listed on: 08/22/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $32,080

Year Built

  • Built in 1970

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 9,652 Sq Ft Home

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 010-047039

Property Details

Home Type

Apartment

Est. Annual Taxes

$32,080

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1970
  • Tax Year: 2024
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.2
  • Co List Office Phone: 380-215-6046
  • MLS Status: Active
  • General Property Info Building Sq Ft: 9652.0
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-047039
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 32080.0

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $1,350,000 -- $140 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225031758

Columbus and Central Ohio Regional MLS