$2,100,000/mo

464-482 E Norwich Avenue, Columbus, OH 43201

  • Property Icon Rental
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon0.57acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Norwich Court Apartments is a 20-unit multifamily property located in Columbus's highly desirable University District, just minutes from The Ohio State University. The unit mix consists of 12 one-bedroom/one-bath apartments and 8 two-bedroom/one-bath townhome-style units, catering to steady demand in this well-established rental market. The property currently generates $16,945 per month in rental income, with four vacant units offering immediate lease-up upside and the potential to further increase cash flow. Originally built in 1956 and well maintained, recent improvements include a newly paved front parking lot completed in 2023, enhancing both curb appeal and tenant convenience. Additional amenities such as on-site laundry facilities add to the property's renter appeal. With a prime location, consistent income, and operational upside, Norwich Court presents a compelling investment opportunity in one of Columbus's most proven and stable submarkets.

Listing Status:
Active
Date Added:
June 4, 2025 at 05:00AM
Listing Office:
Verti Commercial Real Estate L : 380-215-6046
Listing Agent:
Zeke Liston : 614-665-5793
MLS ID:
225019919
  • A/C:
  • Heating: Forced Air

This listing courtesy of Zeke Liston, Verti Commercial Real Estate L

Location

Schools Nearby

H

Hamilton STEM Academy

2047 Hamilton Ave, Columbus, OH, 43211

Grades PK-6

0.88 miles away

D

Dominion Middle School

100 E Arcadia Ave, Columbus, OH, 43202

Grades 6-8

1.03 miles away

C

Columbus Alternative High School

2632 McGuffey Rd, Columbus, OH, 43211

Grades 9-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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