174 E 12th Ave
- 5-Unit Fully Leased Multifamily Building
- Two Bedroom / One Bathroom Townhomes / Apartments
- PLEASE DO NOT DISTURB CURRENT TENANTS.
Property Description
This five-unit multifamily investment property near The Ohio State University is located in the highly desirable University District of Columbus, Ohio, positioned between Summit Street and High Street and within walking distance to campus. The prime location supports strong and consistent demand for Ohio State off-campus housing, driven by the university’s large student population and close proximity to academic buildings, dining, retail, and public transportation. The property features a balanced unit mix of two townhouse-style units and three apartment-style units, with each residence offering two bedrooms and one bathroom. All units include equally sized bedrooms, a highly attractive feature for student and roommate living. The townhouse-style layouts provide added privacy with separation between living and sleeping spaces, while the apartment-style units offer efficient, functional floor plans well-suited to the student rental market. Additional amenities include off-street parking, a valuable feature in this competitive submarket that enhances leasing appeal and tenant retention. Offered in as-is, where-is condition, this Columbus multifamily property presents a compelling opportunity for investors seeking stable cash flow, long-term appreciation, or value-add potential in one of the strongest rental corridors near Ohio State.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $699,900 |
| No. of Units: | 5 |
| Year Built: | 1970 |
| Lot Size: | 0.14 Acres |
| Opportunity Zone: | No |
| Price per unit: | $139,980 |
| Property Website | Click Here |
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