2103 Iuka Ave, Columbus, OH, 43201

GBP 1,175,000
For Sale

Property Details

Bedrooms

20

Property Type

Townhouse

Description

Property Details: • Type: Townhouse • Bedrooms: 20 • Bathrooms: 0 • Square Feet: 9652 • Lot/Size: 8,712 sqft lot

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,

Location

Address

2103 Iuka Ave, Columbus, OH, 43201

City

Columbus

Features and Finishes

Year Built: 1970; [object Object]; [object Object]; [object Object]

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