87-99 S Champion Avenue, Columbus, OH 43205

$1,375,000
Property Type: Multi-Family Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $1,375,000 List Date: 11/06/2025 Last Modified: 11/06/2025

Description

UNIQUE INVESTMENT OPPORTUNITY!! The current owner has invested a large amount of capital to get this property into tip-top shape to maximize income potential. Each of these 13 studio apartments is rented out on a short term basis. Since recently adding professional management (which may be retained by the new owner), occupancy rates and income have greatly increased. Each fully furnished unit features living/eating/sleeping space, a kitchenette and full bath. There is also an on-site laundry unit, as well as communal outdoor spaces. Conveniently located near downtown Columbus, Nationwide Children's Hospital, restaurants, shopping, parks and more. Don't miss out on this one!!

Supplements: ********

More Information MLS# 225020403

Location & Property Info

List Price/SqFt: 282.22 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: Yes Building Sqft: 4872 Lot Size (Side): 112 Number of Units: 13 Year Built: 1954 Acreage: 0.3

Tax Info

Tax Abatement: No Taxes (Yrly): 19149 Parcel #: 010-066861 Tax Year: 2024

Remarks & Misc

Property Description: UNIQUE INVESTMENT OPPORTUNITY!! The current owner has invested a large amount of capital to get this property into tip-top shape to maximize income potential. Each of these 13 studio apartments is rented out on a short term basis. Since recently adding professional management (which may be retained by the new owner), occupancy rates and income have greatly increased. Each fully furnished unit features living/eating/sleeping space, a kitchenette and full bath. There is also an on-site laundry unit, as well as communal outdoor spaces. Conveniently located near downtown Columbus, Nationwide Children's Hospital, restaurants, shopping, parks and more. Don't miss out on this one!!

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

Efficiency

Efficiency # of Units: 13

Parking Features

On Street: 1

Auction Info

Auction/Online Bidding Y/N: No

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1450000 List Price: $1,375,000 Property Sub Type: Flat Street #: 87-99 Street PreDirection: S Street Name: Champion Street Suffix: Avenue County: Franklin State: OH Zip Code: 43205 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Active MLS Entry Date: 2025-06-06

Property Features

Addl Acceptance Cond: None Known Parking Features: On Street MLS Primary PhotoSrc: Realtor Provided
Listing Office: Rich Russo Realty & Co.
Listing Agent: Richard Russo
Last Updated: November - 06 - 2025
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