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Multifamily Investment Near Ohio State
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174 E 12th Avenue, Columbus, OH 43201

Five-unit property in the University District near Ohio State.

Property SizeContact for details
Days on Market177

Property Features for 174 E 12th Avenue

General Information

Standard status Active
Property subtype Multifamily
Zoning AR4-H-35

Building Details

Year Built 1970
Listing Agency: Kohr Royer Griffith
Listed By: Rob Gillie · License #2001007385
Source: Crexi
Added: Mar 9 Changed: Aug 31 Last Checked: Aug 31 at 5:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kohr Royer Griffith

Investment Insights

Based on property information with market context.

This five-unit multifamily investment property is located in the University District of Columbus, Ohio, near The Ohio State University. Situated between Summit Street and High Street, it is within walking distance of the campus. The location supports demand for Ohio State off-campus housing due to the university's student population and proximity to academic buildings, dining, retail, and public transportation. The property features a mix of two townhouse-style units and three apartment-style units, each with two bedrooms and one bathroom. All units include equally sized bedrooms. The townhouse-style layouts provide privacy between living and sleeping spaces, while the apartment-style units offer functional floor plans suited to the student rental market. The current monthly rent is $4,000.

Key Highlights

  • Prime location in the highly desirable University District, near Ohio State University.
  • Strong and consistent demand for off‑campus housing due to proximity to OSU.
  • Balanced unit mix of townhouse and apartment styles, each with two bedrooms and one bathroom.

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,307
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property in the University District near Ohio State.
Where is this apartment building located?
The property is located at 174 E 12th Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Prime location in the highly desirable University District, near Ohio State University.; Strong and consistent demand for off‑campus housing due to proximity to OSU.; Balanced unit mix of townhouse and apartment styles, each with two bedrooms and one bathroom.
(614) 255-4369 Call to check price and availability
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