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2103 Iuka Ave
Columbus, OH 43201
2103 IUKA AVE · Multifamily Property For Sale
·
10 Units
Investment Highlights
- PREMIER LOCATION NEAR OSU: Strategically positioned on Iuka Avenue, one of the most sought-after residential corridors
- RENT GROWTH OPPORTUNITY: In-place rents are significantly below market, presenting a compelling value-add opportunity through targeted unit renovation
- OPERATIONALLY SOUND ASSET: The property has been well-maintained, requiring primarily cosmetic and operational improvements to unlock further value
- TURNKEY SHORT-TERM RENTAL INCOME: Select units are already configured for Airbnb operations, offering immediate income potential and flexibility
- ANCILLARY INCOME FROM GARAGES: On-site garage structures provide opportunities for additional rental or storage income, enhancing total property cash
Property Facts
| No. Units | 10 | Building Size | 9,652 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.98/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | R2F - Allows for both single-family homes and two-family dwellings. | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 9,652 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.98/1,000 SF |
| Zoning | R2F - Allows for both single-family homes and two-family dwellings. |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- Controlled Access
- Public Transportation
Property Taxes
| Parcel Number | 010-047039 | Improvements Assessment | $395,960 |
| Land Assessment | $36,260 | Total Assessment | $432,220 |
Property Taxes
Parcel Number
010-047039
Land Assessment
$36,260
Improvements Assessment
$395,960
Total Assessment
$432,220
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