357 E 14th Avenue, Columbus, OH 43201

New Listing
$1,800,000
Property Type: Multi-Family Lot Size (sq. ft.): 17,424 Status: Active
Current Price: $1,800,000 List Date: 8/22/2025 Last Modified: 8/22/2025

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.

Supplements: ********

More Information MLS# 225031757

Location Property Info

Original List Price: 1800000 List Price: $1,800,000 Property Sub Type: Flat Street #: 357 Street PreDirection: E Street Name: 14th Street Suffix: Avenue County: Franklin State: OH Zip Code: 43201 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Active MLS Entry Date: 2025-08-22

General Property Info

Number of Units: 16 Building Sqft: 6705 Year Built: 1970 Built Prior to 1978: Yes Acreage: 0.4

Tax Info

Parcel #: 010-016328 Tax Year: 2024 Tax Abatement: No Taxes (Yrly): 46867

2 Bedroom

2 Bedroom # of Units: 16 2 Bedroom Month Rent Per Unit: 1050

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Owner Pays: Water Tenant Pays: Electricity; Gas Air Conditioning: Central Air Construction: Brick MLS Primary PhotoSrc: Realtor Provided
Listing Office: Verti Commercial Real Estate L
Listing Agent: Zeke Liston
Last Updated: August - 22 - 2025
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