About This Home

This 18-bedroom, 0-bathroom multi-family at 295 Thurman Avenue in Columbus, OH is listed for $1,800,000. Built in 1963, on a 0.34 acres lot.

Key Features

  • Built in 1963
  • 0.34 acre lot
  • 8 parking spaces

Property Details

8 spaces
1963

Amenities

A/C
Listing Description

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. 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 professionally managed with meticulous attention to maintenance, tenant retention, and operational efficiency. Located just minutes from Downtown Columbus, Nationwide Children's Hospital, Schiller Park, restaurants, coffee shops, breweries, and the heart of German Village, this walkable location continues to attract strong rental demand from professionals, healthcare employees, graduate students, and long-term residents.

Current 'Property Manager' is available to continue managing the property after the sale under a separate agreement, offering investors a unique opportunity to continue the property's proven operating model or expand it. Offering Memorandum available upon request. This property is Agent Owned.

Monthly Cost Estimate

$9,627/mo

20% down · 6.5% · 30 years

Principal$1,302
Interest$7,800
Insurance$525

Estimates only. Actual payments may vary.

Location

295 Thurman Avenue

Columbus, OH 43206

German/Merion Village Area

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 18-bedroom, 0-bathroom multi-family at 295 Thurman Avenue is listed at $1,800,000. The estimated monthly payment is $9,627 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1963, 0.34 acre lot, 8 parking spaces.

This property is listed by Rori Lowe.

RL

Rori Lowe

Agent at Keller Williams Capital Partners Realty

Listed by Keller Williams Capital Partners Realty · Broker phone: (614) 888-1000 · View on Broker Site · Broker website

MLS# 226025465· Source: Columbus and Central Ohio Multiple Listing Service· 109 days on PropertySimple

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

295 Thurman Avenue, Columbus, OH 43206

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