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295 Thurman Avenue
Columbus OH 43206 US

$1,900,888

Active Listing ID 226025465
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18 bed
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Lot: 0.34 Acres
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Apartment

$1,900,888

Active Listing ID 226025465
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295 Thurman Avenue 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. Current operations generate a NOI of approximately $106, 600, with a 5.61% cap rate at the asking price. 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 ownership is available to provide a seamless management transition and ongoing professional property management under a separate agreement, offering investors a unique opportunity to continue the property's proven operating model. Offering Memorandum available upon request. This property is Agent Owned.

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Property Features

  • Facts
  • Lot Size: 0.34 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 1900888
  • unparsedaddress: 295 Thurman Avenue
  • postalcity: Columbus
  • stateorprovince: OH
  • country: US
  • postalcode: 43206
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.34
  • lotsizeunits: Acres
  • lotsizearea: 0.34
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.939073
  • longitude: -82.988217
  • listagentfullname: Rori Lowe
  • listagentemail: rorilowe@kw.com
  • listagentkey: 3yd-CCOMLSOH-658029339
  • listagentmlsid: 658029339
  • listagentpreferredphone: 6145802446
  • listagentofficephone: 6145802446
  • listofficekey: 3yd-CCOMLSOH-05420
  • listofficemlsid: 05420
  • disclaimer: Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CCOMLSOH
  • yearbuilt: 1963
  • listingcontractdate: 2026-07-09
  • listagenturl: http://housecolumbus.com
  • countyorparish: Franklin
  • parcelnumber: 010-023943
  • elementaryschooldistrict: COLUMBUS CSD 2503 FRA CO.
  • middleorjuniorschooldistrict: COLUMBUS CSD 2503 FRA CO.
  • highschooldistrict: COLUMBUS CSD 2503 FRA CO.
  • cooling: Central Air
  • heating: Forced Air
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 8
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bedroom 8, Bedroom 11, Bedroom 3, Bedroom 1, Bedroom 14, Bedroom 13, Bedroom 12, Bedroom 7, Bedroom 6, Bedroom 9, Bedroom 2, Bedroom 4, Bedroom 18, Bedroom 5, Bedroom 16, Bedroom 10, Bedroom 17, Bedroom 15
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.98822, 39.93907
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Capital Partners Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rorilowe@kw.com", "ListBrokerageCity":"Worthington", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cliffords@housesincolumbus.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CCOMLSOH/6d8748014f2911dfa82100219b994c72/20131101152108377.png", "ListBrokerageName":"Keller Williams Capital Partners Realty", "ListBrokeragePhone":"(614) 888-1000", "ListBrokeragePostalCode":"43085", "ListBrokerageStateOrProvince":"OH", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"100 E Wilson Bridge Rd", "ListBrokerageWebsiteUrl":"http://housecolumbus.com", "ListOfficeAddress1":"100 E Wilson Bridge Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"05420", "ListOfficeCity":"Worthington", "ListOfficeCountry":"US", "ListOfficeEmail":"jillfergus@kw.com", "ListOfficePostalCode":"43085", "ListOfficeStateOrProvince":"OH", "ListPriceCurrencyType":"USD", "ListingTitle":"APARTMENT - Columbus, OH", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/295-Thurman-Ave_Columbus_OH_43206_M30082-93528?f=listhub&s=CCOMLSOH&m=226025465&c=rexren", "MLSModificationTimestamp":"2026-07-09 21:12:08", "Neighborhoods":[{"Description":null, "Name":"German/Merion Village Area"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":21328, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/11/2026 4:05:47 AM GMT
Source Updated Date: 7/12/2026 12:43:58 AM GMT

Courtesy of: Rori Lowe, Keller Williams Capital Ptnrs, rorilowe@kw.com

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.