$1,800,000

Estimated payment $11,608/month

Total Views 135
-- Bed
-- Bath
6,705 Sq Ft
$268 Price per Sq Ft

About This Home

Located steps from The Ohio State University, this 16-unit property offers unbeatable access to one of the largest student populations in the country. Positioned in a high-demand rental corridor with strong year-round leasing potential. The building features 16 spacious and well-laid-out 2-bedroom, 1-bathroom apartments—ideal for student and young professional tenants seeking roommate-style living near campus. While the property is in solid physical condition, it currently needs to be leased up. This presents a prime opportunity for an investor to add value through professional leasing, minor cosmetic updates, and operational improvements. Given the location and unit mix, there is significant potential to increase rents to market levels through strategic upgrades and stabilization. The building includes off-street parking and a courtyard-style layout, which enhances appeal and convenience for tenants. Brick and siding construction paired with a clean roofline and simple landscaping makes this a low-effort asset from a capital expenditure standpoint. Ideal for an investor looking to capitalize on a well-positioned asset near OSU with the ability to force appreciation and boost NOI in the near term.

Listing Agent

Zeke Liston

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

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1970

Home Design

  • 6,705 Sq Ft Home
  • Brick Exterior Construction

Additional Features

  • 0.4 Acre Lot
  • Central Air

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 010-016328

Property Details

Home Type

Apartment

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: 0.4
  • Co List Office Phone: 380-215-6046
  • MLS Status: Active
  • General Property Info Building Sq Ft: 6705.0
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-016328
  • Lot Size Sq Ft: 17424.0

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 46867.0

Map

Range of Values:

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Average Value
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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 $1,800,000 -- $268 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225031757

Columbus and Central Ohio Regional MLS