357 E 14th Ave, Columbus, OH 43201
CONTINGENT
0.39 ACRES

357 E 14th Ave
Columbus, OH 43201

Indianola Terrace
  • Studio

$1,700,000

Est. Mortgage $10,429/mo*
Get Pre-Qualified

$1,700,000

Est. Mortgage $10,429/mo*
Get Pre-Qualified
Studio
(on 0.39 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Located near The Ohio State University, this 16-unit property--offered by the original development family--presents a rare opportunity in one of the strongest student rental corridors in the Midwest. The building features 16 spacious 2-bedroom, 1-bathroom apartments, well-suited for student and young professional occupancy with consistent year-round demand. The property is currently stabilized at an average in-place rent of $937 per unit, well below market, with comparable rents at $1,150+. One unit is currently vacant and in need of a turn. The owner has obtained a $19,795 renovation quote for this unit. All units are individually submetered for water; however, the current owner is not utilizing the submetering system and is currently paying the water expense. This presents an immediate opportunity for a new owner to activate the submetering system and meaningfully improve NOI. Tenants currently pay for gas and electric. The roof is less than 10 years old, and a full list of mechanical ages is available for review. The property also includes a partial basement with washer/dryer facilities, with additional NOI upside available through the implementation of rentable storage closets. Off-street parking consists of 22 total spaces, which are currently not monetized, offering a straightforward opportunity to introduce parking fees and further increase income. The property's brick construction, efficient layout, and low-maintenance profile make it a strong operational asset with limited ongoing capital requirements. While already well-positioned physically, the primary upside is driven by lease-up, rent growth, and the monetization of currently underutilized income streams. This is an ideal opportunity for an investor seeking a strategically located OSU asset with immediate value-add potential and multiple clear paths to increased NOI through both operational and leasing improvements.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
16 days ago

Home Details for 357 E 14th Ave

Interior Features

Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No CarportNo Garage
Frontage
Not on Waterfront

Days on Market

Days on Market: 16

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Property Information
Parcel Number: 010016328

Price & Status

Price
List Price: $1,700,000
Status Change & Dates
Off Market Date: Thu May 07 2026

Active Status

MLS Status: Contingent

Location

Direction & Address
City: Columbus
School Information
High School District: COLUMBUS CSD 2503 FRA CO.

Agent Information

Listing Agent
Listing ID: 226013166

Lot Information

Lot Area: 0.39 acres

Listing Info

Special Conditions: Standard

Rental Terms, Policies & Fees

Owner Pays: Water

Miscellaneous

Mls Number: 226013166Zillow Contingency Status: Contingent
Last check for updates: about 3 hours ago
Listing courtesy of Zeke Liston, (614) 665-5793
Red 1 Realty
Source: Columbus and Central Ohio Regional MLS , MLS#226013166
Also Listed on Columbus and Central Ohio Regional MLS .

Price History for 357 E 14th Ave

DatePriceEventSource
05/07/2026$1,700,000ContingentColumbus and Central Ohio Regional MLS #226013166
04/22/2026$1,700,000Listed For SaleColumbus and Central Ohio Regional MLS #226013166
03/24/2026$1,000ListingRemovedZillow Rentals
01/11/2026$1,000Listed For RentZillow Rentals
12/11/2025$1,800,000ListingRemovedColumbus and Central Ohio Regional MLS #225041973
11/10/2025$1,800,000PendingToActiveColumbus and Central Ohio Regional MLS #225041973
11/05/2025$1,800,000ContingentColumbus and Central Ohio Regional MLS #225041973
11/05/2025$1,800,000Listed For SaleColumbus and Central Ohio Regional MLS #225041973
11/05/2025$1,800,000ListingRemovedColumbus and Central Ohio Regional MLS #225031757
10/29/2025$1,050ListingRemovedZillow Rentals
10/17/2025$1,800,000ContingentColumbus and Central Ohio Regional MLS #225031757
08/22/2025$1,800,000Listed For SaleColumbus and Central Ohio Regional MLS #225031757
07/29/2025$1,050PriceChange
Zillow Rentals
05/21/2025$1,100Listed For RentZillow Rentals
03/21/2025$1,025ListingRemovedZillow Rentals
07/20/2024$1,025PriceChange
Zillow Rentals
06/19/2024$995PriceChange
Zillow Rentals
03/18/2024$1,050Listed For RentZillow Rentals
10/13/2023ListingRemovedZillow Rentals
06/29/2023$1,050PriceChange
Zillow Rentals
05/23/2023$900PriceChange
Zillow Rentals
07/06/2022$925Listed For RentZillow Rental Manager
11/06/2021ListingRemovedZillow Rental Manager
07/06/2021$850Listed For RentZillow Rental Manager
07/15/2020$775ListingRemovedAgent Provided

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 357 E 14th Ave

Skip to last item
Skip to first item

Comparable Sales for 357 E 14th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
401 E 13th Ave, Columbus, OH
0.11
Multi-Family Home
$435,000
11/26/25
-
-
401-403 E 13th Ave, Columbus, OH
0.10
Multi-Family Home
$435,000
11/26/25
7
2
2,952
431-433 E 14th Ave, Columbus, OH
0.11
Multi-Family Home
$459,000
08/21/25
-
-
391-393 Chittenden Ave, Columbus, OH
0.23
Multi-Family Home
$370,000
10/15/25
-
-
288 E 12th Ave, Columbus, OH
0.14
Multi-Family Home
$340,000
07/22/25
-
-
316 E 18th Ave, Columbus, OH
0.33
Multi-Family Home
$378,000
03/02/26
-
-

Assigned Schools

These are the assigned schools for 357 E 14th Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Indianola Terrace
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Indianola Terrace

At least 31 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 90 % Say it's dog friendly

  • 79 % Say it's walkable to restaurants

  • 76 % Say car is needed

  • 44 % Say streets are well-lit

  • 42 % Say it's walkable to grocery stores

  • 40 % Say parking is easy

  • 39 % Say it's quiet

  • 36 % Say there's wildlife

  • 35 % Say there's holiday spirit

  • 35 % Say neighbors are friendly

  • 33 % Say people would walk alone at night

  • 19 % Say yards are well-kept

  • 18 % Say there are community events

Learn more about our methodology.
  • Julia Musgrove
    "This neighborhood is known for its crime, just make sure you install doorbell cameras and don’t have packages delivered when you aren’t home."
    2
    Flag
  • Jesus Medina
    "To not let them kids out on the street because it can be dangerous, but it’s nice when the weather gets nice "
    0
    Flag
  • Michelle Z.
    "I've lived in the area for two years of college. The access to bus lines, distance from Ohio State University and food/store needs is nice. But it is not a place you plan to stay around for if you are able to afford somewhere nicer/reach the end of your college career. A few of the main consistent concerns were theft, drunk college kids, and pests. But the biggest red flag would be the theft. You will VERY quickly learn just how ridiculously common porch pirating, mail theft, bike stealing, car-breaking-into, and etc. are around these parts. P"
    4
    Flag
  • Gus Stead
    "Violence and kids drinking is the highlight of this area. Cheap rent comes at a price and if you live somewhere near here you’re sure to pay"
    2
    Flag
  • Trulia User
    "its on campus its loud and fun if your young and dont mind a lil noise . Other than an ocasional hoot or holler from someone its not that bad here and at least there is all sorts of thinga to do."
    0
    Flag
  • Dylan S.
    "Moved here from pickerington, my first place on my own.. I was more nervous before I moved.. I was convinced I was going to buy ring cameras to discourage break ins etc.. as soon as I moved in that anxiety disappeared. The neighbors in my building are nice and respectful, my next door neighbors to one side are a nice family with kids, the other side is young adults who don’t seem like college kids. Parking on the main road is impossible on weekends during the school year especially football season but I have my own parking behind my building. Very short distance from a old north, good bars and restaurants in the area. I would consider it on the border of campus and not full on campus area. I would consider it an area on the rise. "
    8
    Flag
  • Trulia User
    "Vibrant energy from students, able to walk to concerts, film houses, major libraries, and big sporting events."
    0
    Flag
  • Trulia User
    "There is a lot of sound and a lot of energy. It is unpredictable in both bad and great ways. There is ALWAYS something interesting going on within walking distance and the great libraries of Ohio State are open to the public. It is trashy, splashy, unique, and very very alive here."
    1
    Flag
  • Trulia User
    "It's a transient neighborhood and it's rather nice in a sense that I never had issues. I feel safe being out even late. But always be safe and cautious. Mainly college age and small families."
    0
    Flag
  • Michelle M.
    "If you have kids, I wouldn’t move here. It’s too dangerous. Don’t get packages delivered to your door if you’re not home, at least 50% of the time they’ll get stolen. It’s a mix between college kids, and low income single adults, not a great place for a family."
    15
    Flag
  • Vanessa W.
    "There is always off street parking(unless it's a GameDay, then it takes a bit longer to find parking) "
    3
    Flag
  • Melissa
    "The only community event that I know of in this area is "Chitt fest", and I have never attended it. "
    1
    Flag

LGBTQ Local Legal Protections

Zeke Liston, Red 1 Realty
Agent Phone: (614) 665-5793
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
357 E 14th Ave, Columbus, OH 43201 is a studio multi-family built in 1970. 357 E 14th Ave is located in Indianola Terrace, Columbus. This property is currently available for sale and was listed by Columbus and Central Ohio Regional MLS on Apr 22, 2026. The MLS # for this home is MLS# 226013166.