Indianola Terrace, OH homes for sale & real estate

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ABOUT THIS HOME
Indianola Terrace, OH Homes for Sale
Located steps from The Ohio State University, this 16-unit property offers unbeatable access to one of the largest student populations in the country. Positioned in a high-demand rental corridor with strong year-round leasing potential. The building features 16 spacious and well-laid-out 2-bedroom, 1-bathroom apartments—ideal for student and young professional tenants seeking roommate-style living near campus. While the property is in solid physical condition, it currently needs to be leased up. This presents a prime opportunity for an investor to add value through professional leasing, minor cosmetic updates, and operational improvements. Given the location and unit mix, there is sig

$1,800,000

32 beds— baths6,705 sq ft

357 E 14th Ave, Columbus, OH 43201

Built 1970 • Listed 29 days

Zeke Liston • Red 1 Realty, (614) 585-9020

$525,000

7 beds— baths3,240 sq ft

1988 1990 N 4th St, Columbus, OH 43201

5,662 sq ft lot • Built 1910 • Listed 31 days

Joshua Hess • RE/MAX Connection, (614) 478-2121

ABOUT THIS HOME
Indianola Terrace, OH Homes for Sale
Outstanding OSU student housing investment. This fully leased triplex is located in a prime rental corridor. Current rents are well below market for comparable student housing, giving investors immediate upside potential. The property is 100% occupied with three large units: a 3-bed/1-bath rented at $1,650/month, a 3-bed/1-bath at $1,750/month, and a 5-bed/2-bath at $1,950/month. Bedroom-heavy layouts, a walkable location, and on-site parking make this an attractive and reliable option for student renters year after year. Significant recent renovations enhance appeal and reduce near-term expenses. At 333-1/2, updates include new LVT flooring, new cabinets, granite countertops, tile backspla

$749,000

6 beds— baths4,187 sq ft

335 E 18th Ave #333, Columbus, OH 43201

On site parking • 100 percent occupied • Fully leased triplex

Brett Ludwig • Verti Commercial Real Estate L, (380) 215-6046

ABOUT THIS HOME
Indianola Terrace, OH Homes for Sale
Speakeasy Lofts, located at 1555-1563 N 4th Street in Columbus, Ohio, a mixed-use, fully leased investment asset situated in the thriving University District just minutes from The Ohio State University and the Short North Arts District. Originally constructed in 1920, the property underwent complete interior and exterior renovation that transformed it into a boutique urban destination combining modern loft-style apartments with street-level retail storefronts. The building totals 10,772 square feet across three stories and sits on a 0.16-acre parcel with 69 feet of frontage along North 4th Street, one of the area's most heavily traveled corridors. The three ground floor retail suites provid

$1,700,000

13 beds— baths15,508 sq ft

Undisclosed address, Columbus, OH 43201

Exposed brick • Open floor plans • Oversized windows

Matthew Brown • Brown Multifamily Advisors,LLC, (614) 519-8689

ABOUT THIS HOME
Indianola Terrace, OH Homes for Sale
Excellent investment opportunity near the hear of Columbus! This spacious duplex features three levels of living space on each side, with one unit offering 4 bedrooms and the other 3 bedrooms-perfect for maximizing rental income. Both units feature updated kitchens and well maintained interiors, with plenty of off-street parking for tenants or guests. Located just minutes from The Ohio State University, Columbus State, CCAD, Franklin University and Downtown Columbus, the property offers unmatched convenience and strong rental appeal. With a solid rental history and proximity to major schools and amenities, this is an ideal addition to any investor's portfolio-or a great option for owner-oc

$489,000

7 beds2 baths2,952 sq ft

401 - 403 E 13th Ave, Columbus, OH 43201

Spacious duplex • Updated kitchens • Off-street parking

(614) 451-8500

Property at 268 E 11th Ave, Columbus, OH 43201

$4,950,000

— beds— baths— sq ft

268 E 11th Ave, Columbus, OH 43201

Michael Linsker • Northsteppe Realty, (614) 299-4110

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ABOUT THIS HOME
Indianola Terrace, OH Homes for Sale
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 ad

$1,350,000

20 beds— baths9,652 sq ft

2103 Iuka Ave, Columbus, OH 43201

Built 1970 • Listed 29 days

Zeke Liston • Red 1 Realty, (614) 585-9020

ABOUT THIS HOME
Indianola Terrace, OH Homes for Sale
Welcome to your new investment! This fully occupied 4 unit is ready for its next investor. . With 2 bed/1 bath per unit, new fenced in access, sub-metered units for all utilities including water, new gutters with leaf guards, off street parking and updates throughout, you don't want to miss this one!

$515,000

8 beds— baths3,120 sq ft

497 E Oakland Ave, Columbus, OH 43202

Off street parking • New gutters • Updates throughout

Drey Thompson • ERA Real Solutions Realty, (614) 871-1000

3D WALKTHROUGH

ABOUT THIS HOME
Indianola Terrace, OH Homes for Sale
Great property at price! This property is currently being remodeled for the homeowner occupant. New roof has been installed 4.2.24. new vinyl windows installed on 4.21.24, new vinyl siding will be completed on 11.16.25. Newly installed front porch completed on 10.15.25! Interior remodel will be completed on or before 12.12.25! This is a spacious home with outstanding features. Hardwood floors are in excellent condition. Newly remodeled kitchen will feature maple cabinets and all new LG appliances and granite countertop.

$369,900

3 beds2 baths1,631 sq ft

381 E Oakland Ave, Columbus, OH 43202

Updated bathrooms • Vinyl siding • New roof

Beverly Woodford • Woodford Contemporary, (614) 236-2603

ABOUT THIS HOME
Indianola Terrace, OH Homes for Sale
OSU Campus area investment opportunity! This all-brick building features 3 townhome style units each with 3 bedrooms (1 on the main level), 1 full bath, kitchen with granite countertops and black appliances and private basement with W/ D hookups. 2 off-street shared parking spots directly behind the building. Building is currently fully rented at a tootal gross monthly rent of $3475.00. Tenants pay utilities.

$519,900

9 beds— baths3,180 sq ft

261 E Northwood Ave #40, Columbus, OH 43201

Black appliances • All brick building • Townhome style units

Rich Russo • Rich Russo Realty & Co., (614) 937-8699

Average home prices near Indianola Terrace, OH

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Delaware homes for sale
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Bexley homes for sale
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Neighborhoods

Italian Village homes for sale
$595,000
Harrison West homes for sale
$457,500
Clintonville homes for sale
$445,000
Franklinton homes for sale
$236,950
Northeast Columbus homes for sale
$268,950
Victorian Village homes for sale
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Downtown Columbus homes for sale
$399,900
Short North homes for sale
$365,000
Old North Columbus homes for sale
$349,999
North Linden homes for sale
$210,000

Indianola Terrace, OH real estate trends

$380K

Sale price

-37.2%
since last year

$165

Sale $/sq ft

-21.4%
since last year

Over list price

Days on market

Down payment

25.0%

Total homes sold

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The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.

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