335 E 18th Avenue, 333, Columbus, OH 43201
$739,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$739,000
List Date:
12/19/2025
Last Modified:
1/27/2026
Description
Outstanding OSU student housing investment. This fully leased triplex is located in a prime rental corridor. Current rents are well below market for comparable student housing, giving investors immediate upside potential. The property is 100% occupied with three large units: a 3-bed/1-bath rented at $1,650/month, a 3-bed/1-bath at $1,750/month, and a 5-bed/2-bath at $1,950/month. Bedroom-heavy layouts, a walkable location, and on-site parking make this an attractive and reliable option for student renters year after year.
Significant recent renovations enhance appeal and reduce near-term expenses. At 333-1/2, updates include new LVT flooring, new cabinets, granite countertops, tile backsplash, stainless steel appliances, and upgraded electrical. At 335, similar improvements were completed, plus new drywall replaced outdated plaster. Units have washer dryer hookups and central air. Exterior upgrades include a newly paved asphalt parking lot.
With modern finishes, updated systems, and ample bedroom counts, the property is perfectly positioned to capture the area's strong student housing demand.
Supplements: ********
More Information MLS# 225033560
Location & Property Info
List Price/SqFt: 176.5
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 1
Occupancy Rate: 100
Built Prior to 1978: Yes
Total Parking: 4
Off Street Parking Spaces: 4
Building Sqft: 4187
Number of Units: 3
Year Built: 1910
Acreage: 0.13
Tax Info
Zoning: Residential, R4
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 9263
Parcel #: 010-027980
Tax Year: 2024
Remarks & Misc
Property Description: Outstanding OSU student housing investment. This fully leased triplex is located in a prime rental corridor. Current rents are well below market for comparable student housing, giving investors immediate upside potential. The property is 100% occupied with three large units: a 3-bed/1-bath rented at $1,650/month, a 3-bed/1-bath at $1,750/month, and a 5-bed/2-bath at $1,950/month. Bedroom-heavy layouts, a walkable location, and on-site parking make this an attractive and reliable option for student renters year after year.
Significant recent renovations enhance appeal and reduce near-term expenses. At 333-1/2, updates include new LVT flooring, new cabinets, granite countertops, tile backsplash, stainless steel appliances, and upgraded electrical. At 335, similar improvements were completed, plus new drywall replaced outdated plaster. Units have washer dryer hookups and central air. Exterior upgrades include a newly paved asphalt parking lot.
With modern finishes, updated systems, and ample bedroom counts, the property is perfectly positioned to capture the area's strong student housing demand.
Income/Expenses
Gross Income: 61290
Net Operating Income: 41650
Total Expenses: 19640
Addl Acceptance Cond
None Known: 1
Construction
Block: 1
Frame: 1
Brick: 1
Other: 1
3 Bedroom
3 Bedroom # of Units: 2
Parking Features
2 Off Street: 1
On Street: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Other
Other # of Units: 1
Miscellaneous
Basement: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Central Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 825000
List Price: $739,000
Property Sub Type: Midrise
Street #: 335
Street PreDirection: E
Street Name: 18th
Street Suffix: Avenue
Unit/Suite #: 333
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2025-09-02
Property Features
Addl Acceptance Cond: None Known
Parking Features: 2 Off Street; On Street
Tenant Pays: Electricity; Gas; Water
Heating: Forced Air
Air Conditioning: Central Air
Construction: Block; Brick; Frame; Other
Water Source: Public
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Basement; W/D Hookups
MLS Primary PhotoSrc: Realtor Provided
Documents
Listing Office:
Verti Commercial Real Estate L
Listing Agent:
Brett A Ludwig
Last Updated: January - 27 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2025 Columbus Board of Realtors. All rights reserved.
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