Rare opportunity to acquire a beautifully maintained 10-unit brick apartment building located on desirable Thurman Avenue in one of Columbus' most sought-after rental corridors. The apartments consist of 8 - 2 bedroom & 2 - 1 bedroom. All upstairs units have wooden floors. This property has 2 parking lots.
Institutional-quality investment opportunity combines strong in-place income, extensive capital improvements, and exceptional long-term upside.
The property features a proven mix of traditional leases and furnished monthly rentals, offering future owners multiple strategies to increase income. Pro forma operating scenarios demonstrate the potential for significant NOI growth through expanded furnished monthly rentals.
Ownership has invested extensively in renovations and major mechanical improvements, minimizing near-term capital expenditures. The property has been professionally managed with meticulous attention to maintenance, tenant retention, and operational efficiency.
Located just minutes from Downtown Columbus, Nationwide Children's Hospital, Schiller Park, restaurants, coffee shops, breweries, and the heart of German Village, this walkable location continues to attract strong rental demand from professionals, healthcare employees, graduate students, and long-term residents.
Current 'Property Manager' is available to continue managing the property after the sale under a separate agreement, offering investors a unique opportunity to continue the property's proven operating model or expand it.
Offering Memorandum available upon request. This property is Agent Owned.
15 days
|
239
|
20
|
Zillow last checked:
Listing updated:
Listed by:
Rori Lowe614-580-2446,
Keller Williams Capital Ptnrs,
Joseph C Jackson614-431-1220,
Keller Williams Capital Ptnrs
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226025465
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Heating
Forced Air
Cooling
Central Air
Property
Parking
Total spaces: 8
Lot
Size: 0.34 Acres
Details
Parcel number: 010023943
Zoning description: R-2F
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment
Condition
Year built: 1963
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: German/Merion Village Area
Location
Region: Columbus
Financial & listing details
Tax assessed value: $821,000
Annual tax amount: $21,328
Date on market: 7/9/2026
Listing terms: Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/9/2026
Listed for sale
$1,900,888+280.2%
Source: Columbus and Central Ohio Regional MLS #226025465Report a problem
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.