357 E 14th Avenue new Save Request In-Person Tour Request Virtual Tour
Columbus,OH 43201
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225031757
Year Built 1970
Annual Tax Amount $46,867
Lot Size 0.400 Acres
Property Sub-Type Apartment
Property Description
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.
Location
State OH
County Franklin
Area 0.4
Rooms
Other Rooms None
Dining Room No
Interior
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.