- For Sale $799,000
- Property Type Multi-Family
- Property Size 7,530 SF
- Units 9
- Lot Size 0.17 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1972
- Date Updated May 12, 2026
Description
Situated in the heart of Columbus, Ohio, this property benefits from a premier location just minutes from Ohio State University—one of the largest universities in the nation and a major economic driver for the region. The surrounding area is a highly desirable rental corridor, fueled by steady demand from students, faculty, healthcare professionals, and young professionals.
The property offers convenient access to major thoroughfares, public transportation, and a wide range of nearby amenities including dining, retail, and entertainment. Its proximity to campus and key employment hubs positions it within one of the strongest submarkets for multifamily investment in Columbus, Ohio, known for high occupancy rates and consistent rent growth.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.
Highlights
- 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.
- Updated HVAC systems reduce near-term maintenance risk
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Contacts
Rob Gillie
Kohr Royer Griffith
Location
Located at 433 E 13th Ave, Columbus, OH 43201, this property is part of the Indianola Terrace neighborhood and Columbus market.
Contact Listing Broker
Rob Gillie
Kohr Royer Griffith