About 2103 Iuka Avenue
Strategically located on Iuka Avenue—one of the most sought-after residential corridors adjacent to The Ohio State University, this property benefits from strong, consistent demand from both student housing and short-term rental markets. Current in-place rents are well below market, creating a compelling value-add opportunity through targeted unit renovations and lease repositioning. The asset has been well-maintained, with value creation focused primarily on cosmetic and operational enhancements. With one down unit in need of a full update. Select units are already configured for Airbnb, providing immediate short-term rental income potential and flexibility in leasing strategy. In addition, on-site garage structures offer the opportunity for supplemental rental or storage income, further enhancing overall cash flow. This is a rare chance to acquire a well-located property with multiple avenues for upside, strong fundamentals, and proven demand drivers.
Features of 2103 Iuka Avenue
| MLS® # | 225031758 |
|---|---|
| Price | $1,350,000 |
| Acres | 0.20 |
| Year Built | 1970 |
| Type | Multi-Family |
| Sub-Type | Apartment |
| Status | Active Under Contract |
Community Information
| Address | 2103 Iuka Avenue |
|---|---|
| Area | None |
| City | Columbus |
| County | Franklin |
| State | OH |
| Zip Code | 43201 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
School Information
| District | COLUMBUS CSD 2503 FRA CO. |
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Listing Details
| Office | Zeke Liston of Verti Commercial Real Estate L |
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