357 E 14th Avenue, Columbus, OH 43201 (MLS# 226013166)

357 E 14th Avenue, Columbus, OH 43201

$1,600,000

Property Type: Multi-Family Lot Size (sq. ft.): 16,988 Status: Closed

Current Price: $1,600,000 List Date: 4/22/2026 Last Modified: 7/07/2026

Overview

Description

Located near The Ohio State University, this 16-unit property--offered by the original development family--presents a rare opportunity in one of the strongest student rental corridors in the Midwest. The building features 16 spacious 2-bedroom, 1-bathroom apartments, well-suited for student and young professional occupancy with consistent year-round demand. The property is currently stabilized at an average in-place rent of $937 per unit, well below market, with comparable rents at $1,150+. One unit is currently vacant and in need of a turn. The owner has obtained a $19,795 renovation quote for this unit. All units are individually submetered for water; however, the current owner is not utilizing the submetering system and is currently paying the water expense. This presents an immediate opportunity for a new owner to activate the submetering system and meaningfully improve NOI. Tenants currently pay for gas and electric. The roof is less than 10 years old, and a full list of mechanica ... (Read more)

Listing Details MLS# 226013166

Location Property Info

Original List Price: 1700000
Property Sub Type: Flat
Street #: 357
Street PreDirection: E
Street Name: 14th
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: 16
Building Sqft: 6705
Year Built: 1970
Built Prior to 1978: Yes
Acreage: 0.39

Tax Info

Parcel #: 010-016328
Tax Year: 2025
Tax Abatement: No
Taxes (Yrly): 47346

Status Change Info

Under Contract Date: 2026-05-07
Sold Date: 2026-07-06
Sold Price/SqFt: 238.63

2 Bedroom

2 Bedroom # of Units: 16
2 Bedroom Month Rent Per Unit: 1200

More Information

Auction Info

Auction/Online Bidding Y/N: No

Property Features

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

Documents

CapEx Information ›

E 14th Rent Roll ›

Listing Office: Red 1 Realty

Listing Agent: Zeke Liston

Last Updated: July - 07 - 2026

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.