2103 Iuka Avenue, Columbus, OH 43201 (MLS# 226013163)

2103 Iuka Avenue, Columbus, OH 43201

$1,035,000

Property Type: Multi-Family Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $1,035,000 List Date: 4/22/2026 Last Modified: 7/07/2026

Overview

Description

Rare opportunity to acquire a 10-unit multifamily property from the original development family, ideally located on Iuka Avenue overlooking Iuka Ravine--one of the most desirable residential corridors adjacent to The Ohio State University. The property benefits from strong, consistent demand driven by both student housing and short-term rental markets. Each unit features a spacious 2-bedroom, 1-bathroom layout. Currently, six units are leased to long-term tenants at an average rent of $955/unit--well below market--while three units operate as fully furnished short-term rentals, offering the flexibility to continue the STR model or convert to long-term leases at projected market rents of $1,350+. One unit is fully gutted, presenting a clear value-add opportunity; ownership has obtained a $35,000 renovation quote to bring it back online. The property has been well maintained while still offering meaningful upside through interior and operational improvements. The roof is approximately 10 ... (Read more)

Listing Details MLS# 226013163

Location Property Info

Original List Price: 1175000
Property Sub Type: Flat
Street #: 2103
Street Name: Iuka
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: None

OfficeContract Info

MLS Entry Date: 2026-04-22

General Property Info

Number of Units: 10
Building Sqft: 9652
Year Built: 1970
Built Prior to 1978: Yes
Acreage: 0.2

Tax Info

Parcel #: 010-047039
Tax Year: 2025
Tax Abatement: No
Taxes (Yrly): 32408

Status Change Info

Under Contract Date: 2026-05-07
Sold Date: 2026-07-06
Sold Price/SqFt: 107.23

2 Bedroom

2 Bedroom # of Units: 10
2 Bedroom Month Rent Per Unit: 1100

More Information

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Parking Features: 4 Car Garage Tenant Pays: Electricity; Gas; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick MLS Primary PhotoSrc: Realtor Provided

Documents

CapEx Ages ›

Rent Roll ›

Listing Office: Red 1 Realty

Listing Agent: Zeke Liston

Last Updated: July - 07 - 2026

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