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13-Unit Furnished Apartment Building
New
For Sale
$1,149,000

87 S Champion Avenue, Columbus, OH 43205

Furnished studios currently operate as short-term rentals, with appliances and existing contents included in the sale.

Property SizeContact for details
Lot Size0.30 Acres
Days on Market4

Property Features for 87 S Champion Avenue

General Information

Standard status Active
Lot size 0.30 Acres
Property subtype Apartment

Units

Unit Mix 13 x studio
Multifamily Units 13

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $19,344

Amenities

on-site laundry facilities
shared outdoor spaces

Building Details

Year Built 1954
Listing Agency: The Holden Agency
Listed By: Jana Raelyn Riehm
Source: Camtaylor
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 15 at 2:41AM

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 Holden Agency

Investment Insights

Based on property information with market context.

Built in 1954, this 13-unit apartment property consists of furnished studio residences. Each has a living and sleeping area, kitchenette and private bathroom. On-site laundry and shared outdoor areas serve the property. Furnishings, appliances and other existing contents convey with the sale. The current operation uses the units for short-term rentals, with potential formats also including mid-term and traditional long-term stays. The parcel measures approximately 0.30 acres.

The property is in Columbus near downtown and Nationwide Children’s Hospital. Dining, entertainment, employment centers and healthcare facilities are also identified in the surrounding area.

Key Highlights

  • 13 furnished studio units currently operated as short‑term rentals
  • Each studio includes a kitchenette and private bathroom
  • On‑site laundry and shared outdoor areas

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom Auto Parts 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

13
Residential units

Location Intelligence

Trade Area within ½ mile

1,423
Businesses Nearby

Demographics for 43205, OH

12,044
Population
7,303
Households
1.6
Avg Household Size
35
Median Age
41%
College-Educated
89%
High-School Grad
2.4 sq mi
ZIP Area
5,018
Density / Sq Mi
$54,214
Median Household Income
$41,219
Median Earnings
$1,050
Median Rent
$290,800
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Furnished studios currently operate as short-term rentals, with appliances and existing contents included in the sale.
Where is this apartment building located?
The property is located at 87 S Champion Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 13 furnished studio units currently operated as short‑term rentals; Each studio includes a kitchenette and private bathroom; On‑site laundry and shared outdoor areas
More about this property
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