433 E 13th Ave
- Updated HVAC systems reduce near-term maintenance risk
- Interior upgrades include new flooring and added dishwashers
- Off-street parking – a premium amenity in campus markets
- On-site laundry provides additional tenant convenience
- Please do not disturb tenants.
Property Description
This exceptional multifamily investment property in Columbus, Ohio offers a rare opportunity to acquire a stabilized asset in one of the city’s most sought-after rental corridors near Ohio State University. Ideally positioned to capture consistent demand from students, faculty, and the local workforce, this 9-unit apartment building near OSU delivers immediate cash flow and long-term upside. The property is 100% leased, featuring a highly desirable unit mix of seven 2-bedroom/1-bath units and two 1-bedroom/1-bath units, all configured as flats. Residents benefit from key amenities including off-street parking, on-site laundry, and tenant storage, enhancing retention and supporting stable occupancy. Over the past decade, ownership has completed a comprehensive list of capital improvements, including updated HVAC systems, new flooring throughout, and the addition of dishwashers, significantly reducing near-term capital expenditure needs. With current gross rents of $7,915 per month, this asset represents a strong income-producing opportunity within the Columbus multifamily real estate market. Located just minutes from campus and surrounded by retail, dining, and public transit options, this property is well-positioned within the broader commercial real estate Columbus Ohio landscape—making it an ideal acquisition for investors seeking both stability and growth. Tour Schedule: Tuesday 5/26/25 from 1:00–2:00 PM Thursday 5/28/26 from 4:00–5:00 PM Please do not disturb tenants.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $799,000 |
| No. of Units: | 9 |
| Year Built: | 1972 |
| Lot Size: | 0.17 Acres |
| Opportunity Zone: | No |
| Price per unit: | $88,778 |
| Property Website | Click Here |
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