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$ 825,000
Est. payment /mo
New
335 E 18th Avenue #333 Columbus, OH 43201
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225033560
Year Built 1910
Annual Tax Amount $9,263
Lot Size 5,662 Sqft
Lot Dimensions 0.13
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Outstanding OSU student housing investment. This fully leased triplex is located in a prime rental corridor. The property is 100% occupied with three large units: a 3-bed/1-bath rented at $1,850/month, a 3-bed/1.5-bath at $1,750/month, and a 5-bed/2-bath at $1,650/month. Current rents are well below market for comparable student housing, giving investors immediate upside potential. Bedroom-heavy layouts, a walkable location, and on-site parking make this an attractive and reliable option for student renters year after year.
Significant recent renovations enhance appeal and reduce near-term expenses. At 333-1/2, updates include new LVT flooring, new cabinets, granite countertops, tile backsplash, stainless steel appliances, and upgraded electrical. At 335, similar improvements were completed, plus new drywall replaced outdated plaster. Units have washer dryer hookups and central air. Exterior upgrades include a newly paved asphalt parking lot.
With modern finishes, updated systems, and ample bedroom counts, the property is perfectly positioned to capture the area's strong student housing demand.
Significant recent renovations enhance appeal and reduce near-term expenses. At 333-1/2, updates include new LVT flooring, new cabinets, granite countertops, tile backsplash, stainless steel appliances, and upgraded electrical. At 335, similar improvements were completed, plus new drywall replaced outdated plaster. Units have washer dryer hookups and central air. Exterior upgrades include a newly paved asphalt parking lot.
With modern finishes, updated systems, and ample bedroom counts, the property is perfectly positioned to capture the area's strong student housing demand.
Location
State OH
County Franklin
Area 0.13
Zoning Residential, R4
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-027980
Listed by Brett A Ludwig Verti Commercial Real Estate L

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