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8-Unit Apartment Building
For Sale
$1,200,000

27 W 8th Avenue, Columbus, OH 43201

Multi-Family, Columbus, OH

Property SizeContact for details
Lot Size0.11 Acres
Days on Market249

Property Features for 27 W 8th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 15
Rooms Bedroom 12, Bedroom 15, Bedroom 10, Bedroom 8, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 3, Bedroom 2, Bedroom 7, Bedroom 13, Bedroom 14, Bedroom 1, Bedroom 9, Bedroom 11
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

Additional Details

Tenant in Place Yes
Individually Metered Utilities gas, electricity

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 27508

Utilities

Sewer type Public Sewer
Water source Public

Amenities

coin-operated washers/dryers
additional small storage

Building Details

Year built 1960
Number of units 8
Buildings 1
Listing Agency: Red 1 Realty
Listed By: Roxy Ponce
Added: Feb 20 Changed: Oct 27 Last Checked: Oct 27 at 5:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This 8-unit apartment property in Columbus’s University District, near the OSU campus, was built in 1960 and occupies 0.11 acres. The unit mix comprises seven 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. The building also has an attached 2-car garage, a small storage area, and shared coin-operated washers and dryers. Gas and electric service are submetered, and public water and sewer serve the property.

Occupancy is 75%. New management is in place and may continue after a sale. Furniture stored on site and furniture in apartments C and G are included; those two apartments are tenant-leased. The asphalt parking surface was completed in late 2025.

Key Highlights

  • Eight apartments: seven 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • 75% occupied
  • Attached 2‑car garage, off‑street parking, and a separate small storage area

Property Analytics

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Lease Details

8
Residential units
75%
Occupancy
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartments include coin-operated laundry, an attached garage, and off-street parking.
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 $1,200,000.
What are key features of this property?
This property features: Eight apartments: seven 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; 75% occupied; Attached 2‑car garage, off‑street parking, and a separate small storage area
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