Homes for sale / Columbus

$1,800,000 Active Reduced 5%

295 Thurman Avenue, Columbus, OH 43206

  • 0.34 acres
  • Built 1963

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. 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.

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Key facts

Status
Active
Type
Apartment
Days on market
102
Property taxes
about $21,328/yr
Subdivision
German/Merion Village Area
County
Franklin
MLS #
226025465
Listing brokerage
Keller Williams Capital Ptnrs
Listing agent
Rori Lowe
Listing brokerage contact
614-888-1000

Price reduced 5% from $1,900,888 on August 14.

Lot and parking

Lot size
0.34 acres
Lot square feet
14,810
Total parking
8

Systems and utilities

Heating
Forced Air
Cooling
Central Air
Sewer
Public Sewer
Water
Public

Taxes and HOA

Property taxes
about $21,328 a year
Tax year
2024
Parcel number
010-023943

Schools

District
Columbus CSD

Sale terms

Financing accepted
Conventional

Around it

Free market report

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Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 19, 2026, 6:08 PM.

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295 Thurman Avenue, Columbus, OH 43206 · 57 photos Book a tour
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