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Eight-Unit Apartment Building Near OSU
For Sale
$1,350,000

27 W 8th Avenue, Columbus, OH 43201

Multi-Family, Columbus, OH

Property SizeContact for details
Lot Size0.11 Acres
Days on Market196

Property Features for 27 W 8th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 15
Rooms Bedroom 11, Bedroom 5, Bedroom 15, Bedroom 8, Bedroom 4, Bedroom 9, Bedroom 13, Bedroom 14, Bedroom 7, Bedroom 12, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 10, Bedroom 2
Parking 8
Parking features Garage
Elementary school district COLUMBUS CSD 2503 FRA CO.
Middle school district COLUMBUS CSD 2503 FRA CO.
High school district COLUMBUS CSD 2503 FRA CO.
Standard status Active
APN 010-027913
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 27508

Utilities

Sewer type Public Sewer
Water source Public

Amenities

common area coin operated washers/dryers

Building Details

Year built 1960
Number of units 8
Listing Agency: Red 1 Realty
Listed By: Roxy Ponce · License #2020006941
Added: Feb 20 Changed: Sep 4 Last Checked: Sep 4 at 5:06PM
MLS# 226004920

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8-unit apartment building at 27 W 8th Avenue includes seven 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. The property offers off-street parking, an attached 2-car garage, additional storage, and common-area coin-operated washers and dryers. Gas and electric service is submetered by apartment, while the property has public water and public sewer. Furniture in the storage area and in apartments C and G is included with the sale.

Located in Columbus’ University District near the Ohio State University campus, the property occupies a 0.11-acre lot. The asphalt surface lot was new as of late 2025. Apartments B and E are leased, vacant apartments are being marketed for rent, and the current management arrangement may remain in place.

Key Highlights

  • 8‑unit building with seven 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Attached 2‑car garage, off‑street parking, and additional storage
  • Common‑area coin‑operated washers and dryers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Food Market (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,962
Businesses Nearby

Demographics for 43201, OH

37,528
Population
17,484
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
12,106
Density / Sq Mi
$43,451
Median Household Income
$21,792
Median Earnings
$1,299
Median Rent
$438,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with varied unit layouts, off-street parking, and shared laundry facilities near Ohio State University.
Where is this apartment building located?
The property is located at 27 W 8th Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 8‑unit building with seven 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Attached 2‑car garage, off‑street parking, and additional storage; Common‑area coin‑operated washers and dryers
More about this property
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