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32257167
32257168

100 Chittenden Avenue, Columbus, OH 43201

Columbus Realtors
Listed by Columbus Realtors
$7,799,000
32 days on market
Updated 30 days ago

100 Chittenden Avenue

Details
APN 010-016630
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 34
NOI $150,000
Price per SqFt $536
Year Built 1972
Acreage 0.430
Parking Spaces 54 spaces

Multifamily | 34 Units

Marketing description

Offered together, 100 Chittenden Avenue and 65 E 18th Avenue form a strong, low-maintenance OSU campus housing package in two of the most walkable and reliable student-rental locations. 100 Chittenden includes 18 remodeled units--eight 3-bedroom units with granite kitchens, nine updated 2-bedroom units, and one 4-bedroom unit--plus 27 on-site parking spaces and an income-producing laundry room. Most mechanicals have been replaced within the last 5-10 years, and the property sits on nearly half an acre just one block from High Street. 65 E 18th Avenue is a fully remodeled 16-unit building in an A-plus location with consistent demand year after year. Both buildings attract students and parents who want clean, practical, reasonably priced housing in areas known for strong lighting, steady foot traffic, and a high level of day-to-day safety compared to more isolated parts of campus. With Ohio State's enrollment holding above 60,000 students across undergraduate and graduate programs, demand for well-kept, affordable units remains extremely stable. These properties offer straightforward leasing, simple maintenance due to recent updates, and predictable rent collection driven by parent-backed leases and long-established student rental patterns. Together, they provide dependable occupancy, income-growth potential, and long-term upside in one of the most durable student-housing markets in the Midwest. Owner is licensed Real Estate Agent in the State of Ohio.
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Columbus Realtors
Listed by Columbus Realtors

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$150,000.00
$12,500.00/mo

Valuation Metrics

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DSCR
1.92%
Cap Rate
1.92%
ROI

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