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

87 S Champion, Columbus, OH 43205

Residential Income, 1 Story, Columbus, OH

Property SizeContact for details
Lot Size0.30 Acres
Days on Market2

Property Features for 87 S Champion

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 13
Bathrooms 13
Full bathrooms 13
Rooms Bedroom 6, Bedroom 3, Bedroom 7, Bathroom 4, Bedroom 9, Bedroom 4, Bathroom 1, Bedroom 11, Bathroom 5, Bedroom 1, Bathroom 12, Bathroom 8, Bathroom 3, Bathroom 6, Bedroom 2, Bedroom 10, Bathroom 9, Bedroom 13, Bathroom 7, Bathroom 13, Bedroom 8, Bathroom 11, Bathroom 10, Bathroom 2, Bedroom 5, Bedroom 12
High school Columbus School District
Elementary school district Columbus School District
Middle school district Columbus School District
High school district Columbus School District
Directions Champion is located between Madison and Fair Street.
Subdivision Franklin
Standard status Active
APN 010-066861
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description 87-99 S CHAMPION AVE HOFFMAN & MCGREW LOT 288-9-290
Tax Annual Amount 19344
Legal Description 87-99 S CHAMPION AVE HOFFMAN & MCGREW LOT 288-9-290

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (Heating), Ductless (Heating), Baseboard, Hot Water(Heating)
Cooling system Zoned, Ceiling Fan(s), Ductless
Water source Public

Amenities

on-site laundry
shared outdoor spaces

Building Details

Year built 1954
Number of units 13
Building materials Vinyl Siding
Architectural style Other
Listing Agency: The Holden Agency
Listed By: Jana Riehm
Added: Oct 13 Last Checked: Oct 14 at 11:06PM
MLS# 20101140

Copyright © 2026 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1954, this 13-unit apartment property contains furnished studio layouts with living and sleeping areas, kitchenettes, and private bathrooms. Shared laundry facilities and outdoor spaces serve the building. Furnishings, appliances, and other existing contents are included in the sale. The property is currently operated as short-term rentals and occupies approximately 0.30 acres.

The property is near downtown Columbus and Nationwide Children's Hospital, with dining, entertainment, healthcare facilities, and major employment centers also cited in the surrounding area. Public water and sewer serve the site.

Key Highlights

  • 13 furnished studio apartments currently operating as short‑term rentals
  • Each unit has 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

1,520
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
View Realmo Analytics

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 include kitchenettes and private bathrooms, with shared laundry and outdoor areas on site.
Where is this apartment building located?
The property is located at 87 S Champion 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 apartments currently operating as short‑term rentals; Each unit has a kitchenette and private bathroom; On‑site laundry and shared outdoor areas
More about this property
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