University District Multifamily Investment
For Sale
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27 W 8th Avenue, Columbus, OH 43201
Turnkey 8-unit building near OSU campus in Columbus.
Property SizeContact for details
Days on Market244
Property Features for 27 W 8th Avenue
General Information
Standard status
Active
Class
C
Total Parking Spaces
8
Property subtype
Multifamily
Occupancy
38%
Investment Type
Value Add
Building Details
Year Built
1960
Buildings
1
Units
8
Listing Agency:
Red One Realty
Listed By:
Jeff Sheu · License #2017006002
(614) 257-8076
Source:
Crexi
Added: Feb 19
Changed: Aug 8
Last Checked: Aug 8 at 2:45PM
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 Red One Realty
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Investment Insights
Based on property information with market context.
This is an 8-unit building located in Columbus' University District, near the OSU campus. The property features seven 2-bed, 1-bath units and one 1-bed, 1-bath unit. Each unit is sub-metered for gas and electric and includes one parking space. Common area coin-operated washers and dryers are available. The property includes an attached 2-car garage and additional small storage. A new asphalt surface lot is planned for late 2025. Three units are currently occupied at $1300 per month. Vacant units are being marketed for rent at market rate. Furniture within storage, apartments C and G can be included with sale, beneficial for short term rental operators. The property is under new management that can remain.
Key Highlights
- Turnkey 8‑unit building in Columbus' University District near OSU Campus
- Sub‑metered for gas and electric, reducing landlord utility costs
- Includes one parking space per unit
Property Analytics
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Location Intelligence
Trade Area within ½ mile
4,962
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 8-unit building near OSU campus in Columbus.
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 $1,505,000.
What are key features of this property?
This property features: Turnkey 8‑unit building in Columbus' University District near OSU Campus; Sub‑metered for gas and electric, reducing landlord utility costs; Includes one parking space per unit
