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357 E 14th Avenue
Columbus OH 43201 US

$1,700,000

Active Listing ID 226013166
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32 bed
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Lot: 0.39 Acres
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Apartment

$1,700,000

Active Listing ID 226013166
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357 E 14th Avenue 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 mechanical ages is available for review. The property also includes a partial basement with washer/dryer facilities, with additional NOI upside available through the implementation of rentable storage closets. Off-street parking consists of 22 total spaces, which are currently not monetized, offering a straightforward opportunity to introduce parking fees and further increase income. The property's brick construction, efficient layout, and low-maintenance profile make it a strong operational asset with limited ongoing capital requirements. While already well-positioned physically, the primary upside is driven by lease-up, rent growth, and the monetization of currently underutilized income streams. This is an ideal opportunity for an investor seeking a strategically located OSU asset with immediate value-add potential and multiple clear paths to increased NOI through both operational and leasing improvements.

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Property Features

  • Facts
  • Lot Size: 0.39 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 1700000
  • unparsedaddress: 357 E 14th Avenue
  • postalcity: Columbus
  • stateorprovince: OH
  • country: US
  • postalcode: 43201
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.39
  • lotsizeunits: Acres
  • lotsizearea: 0.39
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.998142
  • longitude: -82.997907
  • listagentfullname: Zeke Liston
  • listagentemail: zeke@listonre.com
  • listagentkey: 3yd-CCOMLSOH-658029237
  • listagentmlsid: 658029237
  • listagentpreferredphone: 6146655793
  • listagentofficephone: 6146655793
  • listofficekey: 3yd-CCOMLSOH-10910
  • listofficemlsid: 10910
  • 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: 1970
  • listingcontractdate: 2026-04-22
  • listagenturl: http://www.red1realty.com
  • countyorparish: Franklin
  • parcelnumber: 010-016328
  • 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: 16
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 18, Bedroom 20, Bedroom 30, Bedroom 25, Bedroom 19, Bedroom 16, Bedroom 7, Bedroom 28, Bedroom 1, Bedroom 23, Bedroom 26, Bedroom 10, Bedroom 3, Bedroom 13, Bedroom 12, Bedroom 14, Bedroom 24, Bedroom 31, Bedroom 11, Bedroom 22, Bedroom 5, Bedroom 8, Bedroom 4, Bedroom 2, Bedroom 32, Bedroom 15, Bedroom 6, Bedroom 21, Bedroom 29, Bedroom 9, Bedroom 17, Bedroom 27
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.99791, 39.998142
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Red 1 Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"zeke@listonre.com", "ListBrokerageCity":"Columbus", "ListBrokerageCountry":"US", "ListBrokerageEmail":"broker@red1realty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Red 1 Realty, LLC", "ListBrokeragePhone":"(614) 585-9020", "ListBrokeragePostalCode":"43235", "ListBrokerageStateOrProvince":"OH", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"200 E Campus View Blvd Suite 275", "ListBrokerageWebsiteUrl":"http://www.red1realty.com", "ListOfficeAddress1":"921 Eastwind Dr Suite 102 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"10910", "ListOfficeCity":"Westerville", "ListOfficeCountry":"US", "ListOfficeEmail":"Broker@red1realty.com", "ListOfficePostalCode":"43081", "ListOfficeStateOrProvince":"OH", "ListPriceCurrencyType":"USD", "ListingTitle":"APARTMENT - Columbus, OH", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/357-E-14th-Ave_Columbus_OH_43201_M36581-39479?f=listhub&s=CCOMLSOH&m=226013166&c=rexren", "MLSModificationTimestamp":"2026-04-22 13:10:28", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":47346, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/24/2026 3:50:53 AM GMT
Source Updated Date: 4/26/2026 8:22:21 PM GMT

Courtesy of: Zeke Liston, Red 1 Realty, zeke@listonre.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.