357 E 14Th Ave | Image 1
New
357 E 14Th Ave | Image 2
357 E 14Th Ave | Image 3
357 E 14Th Ave | Image 4
357 E 14Th Ave | Image 5
357 E 14Th Ave | Image 6
357 E 14Th Ave | Image 7

$1,700,000

For Sale

4 hours ago

357 E 14Th Ave, Columbus, OH

Condo

MLS® 226013166

0 Bed

0 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes $47,346
Days Active 0
Approx. Age 1970
MLS® Number 226013166

Property Address: 357 E 14th Ave, Columbus, OH, 43201-1977

Average square foot calculated using Size range provided by listing agent.

Description

Located near The Ohio State University, this 16-unit property--offered by the original development family--presents a rare opportunity in one of the strongest student rental corridors in the Midwest. The building features 16 spacious 2-bedroom, 1-bathroom apartments, well-suited for student and young professional occupancy with consistent year-round demand. The property is currently stabilized at an average in-place rent of $937 per unit, well below market, with comparable rents at $1, 150+. One unit is currently vacant and in need of a turn. The owner has obtained a $19, 795 renovation quote for this unit. All units are individually submetered for water; however, the current owner is not utilizing the submetering system and is currently paying the water expense. This presents an immediate opportunity for a new owner to activate the submetering system and meaningfully improve NOI. Tenants currently pay for gas and electric. The roof is less than 10 years old, and a full list of mechanical ages is available for review. The property also includes a partial basement with washer/dryer facilities, with additional NOI upside available through the implementation of rentable storage closets. Off-street parking consists of 22 total spaces, which are currently not monetized, offering a straightforward opportunity to introduce parking fees and further increase income. The property's brick construction, efficient layout, and low-maintenance profile make it a strong operational asset with limited ongoing capital requirements. While already well-positioned physically, the primary upside is driven by lease-up, rent growth, and the monetization of currently underutilized income streams. This is an ideal opportunity for an investor seeking a strategically located OSU asset with immediate value-add potential and multiple clear paths to increased NOI through both operational and leasing improvements.
MLS® Number226013166
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$1,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
357 E 14Th Ave, Columbus, OH

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties