3677 Indianola Ave - Apartments FOR SALE


Columbus, OH 43214- Clintonville
$2,400,000 USD
330-600-1044
3677 Indianola Ave, Columbus, OH for Sale
$2,400,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

3677 Indianola Ave
Columbus, OH 43214
Clintonville


HIGHLIGHTS

  • 20-unit multifamily in Clintonville, Columbus, with strong occupancy and proven rental demand.
  • All one-bedroom units averaging 650 SF, appealing to young professionals and students.
  • Current NOI of $95,883 with significant rental upside as in-place rents are below market.
  • Covered parking and on-site storage provide additional income opportunities for investors.
  • Located minutes from Downtown Columbus and major employers, supporting stable demand.
  • Value-add opportunity in a walkable, highly desirable neighborhood with long-term stability.

OVERVIEW

Broker of Record Matt Wallace License # REC.2022007141, BRKP.2024002419 (OH) Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

20

PRICE/UNIT

$120,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,360 SF

ZONING

-

APN/PARCEL ID

010-071425,010-071427

ASK ABOUT THIS PROPERTY

Joey MillerMatthews Real Estate Investment ServicesMore Info
330-600-1044

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Joey MillerMatthews Real Estate Investment ServicesMore Info
330-600-1044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.