2103 Iuka Avenue, Columbus, OH 43201

Columbus
Local realty services provided by:ERA Martin & Associates
2103 Iuka Avenue,Columbus, OH 43201
$1,175,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: zeke liston
Office: red 1 realty614-585-9020
MLS#:226013163
Source:OH_CBR

Price summary

  • Price:$1,175,000

About this home

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 $1,350+. One unit is fully gutted, presenting a clear value-add opportunity; ownership has obtained a $35,000 renovation quote to bring it back online. The property has been well maintained while still offering meaningful upside through interior and operational improvements. The roof is approximately...

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Home facts

  • Year built:1970
  • Listing ID #:226013163
  • Added:21 day(s) ago
  • Updated:May 13, 2026 at 02:52 PM

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1970
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$1,175,000
  • Tax amount:$32,408
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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