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OSU Off-Campus Student Housing Portfolio 5 Multifamily Properties Offered at $3,600,000 in Columbus, OH



INVESTMENT HIGHLIGHTS
- Turnkey, cash-flowing portfolio with proven performance
- Immediate revenue upside through utility reimbursement and parking income
- High-demand OSU student housing submarket
- Walkable access to campus, nightlife, dining, and retail amenities
- Well-maintained properties operated by long-term management
- Properties are available to purchase as a portfolio or individually
EXECUTIVE SUMMARY
Brown Multifamily Advisors is pleased to present an exclusive opportunity to purchase a portfolio of five off-campus student housing properties serving The Ohio State University. The portfolio may be purchased individually or as a package.
The properties are strategically located along the bustling North 4th Street corridor and the highly sought-after Chittenden Avenue student housing area, both offering convenient access to The Ohio State University main campus and the vibrant Short North entertainment district.
The portfolio comprises 34 residential units with a total of 50 beds, operated for decades under consistent ownership and management. Four of the properties are concentrated near the intersection of North 4th Street and East 15th Avenue, including 1778–1800 N. 4th Street with twelve 2BD / 1BA units, 348 E. 15th Avenue with five 1BD / 1BA units, 358 E. 15th Avenue with four 1BD / 1BA unit, and 316 E. 15th Avenue with eight 1BD / 1BA units and one 3BD / 1 BA unit. The final property, located at 168 Chittenden Avenue, includes two 1BD / 1BA units and two 3BD / 1BA units less than a block from N. High Street—one of the most desirable off-campus locations for generations of OSU students.
The portfolio’s well-maintained condition, consistently high occupancy, and steady annual rent growth underscore its stability and long-term performance. Current management has historically covered most utilities and provided free off-street parking—both of which present immediate revenue upside opportunities for new ownership.
This offering represents a rare opportunity to acquire a turnkey, cash-flowing student housing portfolio with strong operational history and value-add potential, located adjacent to one of the nation’s largest universities and within one of the Midwest’s fastest-growing metro areas.
The properties are strategically located along the bustling North 4th Street corridor and the highly sought-after Chittenden Avenue student housing area, both offering convenient access to The Ohio State University main campus and the vibrant Short North entertainment district.
The portfolio comprises 34 residential units with a total of 50 beds, operated for decades under consistent ownership and management. Four of the properties are concentrated near the intersection of North 4th Street and East 15th Avenue, including 1778–1800 N. 4th Street with twelve 2BD / 1BA units, 348 E. 15th Avenue with five 1BD / 1BA units, 358 E. 15th Avenue with four 1BD / 1BA unit, and 316 E. 15th Avenue with eight 1BD / 1BA units and one 3BD / 1 BA unit. The final property, located at 168 Chittenden Avenue, includes two 1BD / 1BA units and two 3BD / 1BA units less than a block from N. High Street—one of the most desirable off-campus locations for generations of OSU students.
The portfolio’s well-maintained condition, consistently high occupancy, and steady annual rent growth underscore its stability and long-term performance. Current management has historically covered most utilities and provided free off-street parking—both of which present immediate revenue upside opportunities for new ownership.
This offering represents a rare opportunity to acquire a turnkey, cash-flowing student housing portfolio with strong operational history and value-add potential, located adjacent to one of the nation’s largest universities and within one of the Midwest’s fastest-growing metro areas.
PROPERTY FACTS
| Price | $3,600,000 | Number of Properties | 5 |
| Price / SF | $120.15 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 29,963 SF |
| Status | Under Contract | Total Land Area | 0.86 AC |
| Price | $3,600,000 |
| Price / SF | $120.15 / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 29,963 SF |
| Total Land Area | 0.86 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1778-1800 N 4th St, Columbus, OH 43201 | Multifamily | 10,680 SF | 1960 | - |
| 168-170 Chittenden Avenue, Columbus, OH 43201 | Multifamily | 5,466 SF | 1940 | - |
| 316 E 15th Ave, Columbus, OH 43201 | Multifamily | 5,424 SF | 1925 | - |
| 348 E 15th Ave, Columbus, OH 43201 | Multifamily | 5,200 SF | 1920 | - |
| 358 E 15th Ave, Columbus, OH 43201 | Multifamily | 3,193 SF | 1920 | - |
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OSU Off-Campus Student Housing Portfolio
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