464-482 E Norwich Avenue, Columbus, OH 43201

Columbus
Local realty services provided by:ERA Martin & Associates
464-482 E Norwich Avenue,Columbus, OH 43201
$1,999,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brett a ludwig
Office: verti commercial real estate l
MLS#:225019919
Source:OH_CBR

Price summary

  • Price:$1,999,999

About this home

Norwich Court Apartments is a 20-unit multifamily property located in Columbus's highly desirable University District, just minutes from The Ohio State University. The unit mix consists of 12 one-bedroom/one-bath apartments and 8 two-bedroom/one-bath townhome-style units, catering to steady demand in this well-established rental market. The property currently generates $16,945 per month in rental income, with four vacant units offering immediate lease-up upside and the potential to further increase cash flow. Originally built in 1956 and well maintained, recent improvements include a newly paved front parking lot completed in 2023, enhancing both curb appeal and tenant convenience. Additional amenities such as on-site laundry facilities add to the property's renter appeal. With a prime location, consistent income, and operational upside, Norwich Court presents a compelling investment opportunity in one of Columbus's most proven and stable submarkets.

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Home facts

  • Year built:1956
  • Listing ID #:225019919
  • Added:295 day(s) ago
  • Updated:November 11, 2025 at 07:42 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1956
  • Lot area:0.57 Acres

Finances and disclosures

  • Price:$1,999,999
  • Tax amount:$44,073

Parking

  • Total parking spaces:19
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