The Oaks

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Address: 143 Sherman Ave, Columbus, OH 43205, USA
Chicago & Midwest + Apartment Buildings
Created date: November 9, 2026
Date last updated: November 9, 2026
Price: $3,850,000Investment Analyzer NEW!

INVESTMENT HIGHLIGHTS

  • Turnkey and stabilized, with leases in place
  • Additionally mapped as individual condo units: possible exit through condo sales, or continue to operate as a multifamily/apartment building
  • 15 units, fully renovated in 2024
  • New roof (2026), new HVAC, updated electrical and plumbing
  • In unit washer and dryer in every unit
  • Three unit types: one bed/one bath, two bed/one bath, three bed/two bath
  • Under 0.5 miles from Ohio State East Hospital
  • About 3.5 miles to Ohio State University main campus; bus line 22 (OSU Rickenbacker) 0.1 miles away
  • 7 miles to Downtown Columbus; 4.5 miles to John Glenn International Airport
  • Cost segregation and bonus depreciation potential (buyer to confirm with own tax advisor)

Property Description

Request the Investment Package at: https://buytheoaks.com/ The Oaks is a turnkey, stabilized 15 unit multifamily property at 143-151 Sherman Avenue in Columbus's Olde Towne East. Built in 1923, the building was comprehensively renovated in 2024 with new HVAC, electrical and plumbing upgrades, and new appliances in every unit. A new roof was completed in 2026. The property is leased, with leases in place, so a buyer takes over a renovated asset with income from day one. The property is additionally mapped as individual condo units, giving a buyer a possible exit through condo sales, or the option to continue operating it as a multifamily/apartment building. Every unit includes an in unit washer and dryer. The mix runs from one bedroom units with new appliances and flooring to two bedroom units with kitchen islands and sunrooms, and two story three bedroom units with high ceilings, spiral staircases, and sunrooms. Original exposed brick remains in select units. The building also has a ground floor storage area that can be converted to a tenant amenity or additional storage. The property sits 0.4 miles from Ohio State East Hospital and within 1.3 miles of Nationwide Children's Hospital and OhioHealth Grant Medical Center. Downtown Columbus is 2.7 miles away, and the Nationwide corporate campus is 1.9 miles away. Ohio State University's main campus is about 3.5 miles northwest of the property, with bus line 22 (OSU Rickenbacker) 0.1 miles away. The location draws on a deep base of healthcare, university, and corporate employment. Offered privately by Stratos Capital. Full property information and the confidential Investment Package, including the Offering Memorandum and Financial Model, are available at buytheoaks.com. All information is unverified; buyers should conduct their own due diligence.   INVESTMENT HIGHLIGHTS
  • Turnkey and stabilized, with leases in place
  • Additionally mapped as individual condo units: possible exit through condo sales, or continue to operate as a multifamily/apartment building
  • 15 units, fully renovated in 2024
  • New roof (2026), new HVAC, updated electrical and plumbing
  • In unit washer and dryer in every unit
  • Three unit types: one bed/one bath, two bed/one bath, three bed/two bath
  • Under 0.5 miles from Ohio State East Hospital
  • About 3.5 miles to Ohio State University main campus; bus line 22 (OSU Rickenbacker) 0.1 miles away
  • 7 miles to Downtown Columbus; 4.5 miles to John Glenn International Airport
  • Cost segregation and bonus depreciation potential (buyer to confirm with own tax advisor)
  CONTACT Stuart Tuttle Stratos Capital Phone: 614-434-6685 Email: [email protected] Website: buytheoaks.com
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Key Property Information

Listing Status: Available
Property Types: Apartment Buildings
Price: $3,850,000
No. of Units: 15
Year Built: 1923
Year Renovated: 2024
Building Size: 16,777 Sq ft
Lot Size: 0.38 Acres
No. of Stories: 4
Opportunity Zone: No
Price per unit: $256,667
Parking Spaces: 15
Property Website Click Here
Address: 143 Sherman Ave, Columbus, OH 43205, USA

Unit mix

Description No. of Units Sq ft. Avg. Monthly Rent
1 Bed 2 764 1400
2 Bed (1st Floor) 1 849 1500
2 Bed 8 980 1700
3 Bed 4 1640 2450

Additional contacts

Full name Phone number Email address
Stuart Tuttle 6144346685 [email protected]

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