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Renovated Apartment Building
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557 Riverview Dr, Columbus, OH 43202

Updated one- and two-bedroom apartments feature contemporary finishes and in-unit laundry near Ohio State University.

Property SizeContact for details
Days on Market173

Property Features for 557 Riverview Dr

General Information

Standard status Active
Property subtype Multifamily
Zoning AR-1 Apartment Residential District

Additional Details

Opportunity Zone Yes
Road Access Yes

Amenities

in-unit washer and dryer

Building Details

Year Built 1965
Buildings 2
Stories 2
Units 38
Listing Agency: The Robert Weiler Company
Listed By: Alex Marsh · License #2013002225
Source: Crexi
Added: Mar 11 Changed: Aug 29 Last Checked: Aug 29 at 7:49PM

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 The Robert Weiler Company

Investment Insights

Based on property information with market context.

This apartment community contains one- and two-bedroom residences with updated interiors. Improvements include granite countertops, modern cabinetry, new flooring, upgraded lighting, and in-unit washers and dryers. The property is designated within the AR-1 Apartment Residential District and was built in 1965.

Located off Olentangy River Road in Columbus, the community is near Ohio State University, downtown Columbus, shopping, dining, and major highways. The setting supports convenient access to campus and central-city amenities while maintaining a residential apartment format.

Key Highlights

  • One- and two‑bedroom apartment units
  • Updated interiors with granite countertops, modern cabinetry, flooring, and lighting
  • In‑unit washers and dryers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply (Bike/Boat/Book/etc) Store Hair Salon Kitchen & Bath Showroom Grocery & Convenience Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,206
Businesses Nearby

Demographics for 43202, OH

20,427
Population
10,055
Households
2
Avg Household Size
29
Median Age
62%
College-Educated
95%
High-School Grad
2.5 sq mi
ZIP Area
8,171
Density / Sq Mi
$65,689
Median Household Income
$36,412
Median Earnings
$1,170
Median Rent
$317,000
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 - Updated one- and two-bedroom apartments feature contemporary finishes and in-unit laundry near Ohio State University.
Where is this apartment building located?
The property is located at 557 Riverview Dr Columbus, OH.
What is the asking price?
The asking price for this property is $4,790,000.
What are key features of this property?
This property features: One- and two‑bedroom apartment units; Updated interiors with granite countertops, modern cabinetry, flooring, and lighting; In‑unit washers and dryers
(614) 221-4286 Call to check price and availability
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