295 Thurman Avenue, Columbus, OH 43206

Columbus
Local realty services provided by:ERA Martin & Associates
295 Thurman Avenue,Columbus, OH 43206
$1,900,888
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rori lowe, joseph c jackson
Office: keller williams capital ptnrs614-888-1000
MLS#:226025465
Source:OH_CBR

Price summary

  • Price:$1,900,888

About this home

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...

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Home facts

  • Year built:1963
  • Listing ID #:226025465
  • Added:7 day(s) ago
  • Updated:July 17, 2026 at 02:51 PM

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1963
  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$1,900,888
  • Tax amount:$21,328

Parking

  • Total parking spaces:8
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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