Norwich Court Apartments

For Sale

464-482 E Norwich Ave, Columbus, OH 43201

This Columbus property for sale is located at 464-482 E Norwich Ave. The general use of Norwich Court Apartments is office and it incorporates 12,096 square feet of class C office space. The current listed sale price for Norwich Court Apartments is $2,100,000. Norwich Court Apartments is situated on a lot that is 0.56 acre in size.

Contacts

broker
Zeke Liston

Verti Commercial Real Estate

Property Details

  • Property Type Office - General Office
  • Property Size 12,096 SF
  • Units 20
  • Lot Size 0.56 Acre
  • Parking Spaces Avail. 22
  • Building Class C
  • Year Built 1956
  • Date Updated Jun 2, 2025
Norwich Court Apartments is located in Columbus’s University District, close to The Ohio State University—one of the largest and most prestigious public universities in the nation. This prime location fuels strong rental demand from students, faculty, and university-affiliated professionals. The surrounding neighborhood offers a vibrant mix of retail, dining, and entertainment options, contributing to a dynamic and walkable community. With convenient access to major transportation routes and the broader Columbus metro, this asset presents a compelling opportunity to invest in one of the city’s most resilient and high-demand submarkets.Norwich Court Apartments is a 20-unit multifamily property located in Columbus’s University District, close to The Ohio State University. The unit mix includes 12 one-bedroom/one-bath apartments and 8 two-bedroom/one-bath townhome-style units, catering to consistent demand in this established rental market. The property generates a current rent roll of $16,945/month, with four units currently vacant, offering immediate lease-up potential. Built in 1956 and well maintained, recent improvements include a newly paved front parking lot that enhances both curb appeal and tenant convenience. Additional amenities include on-site laundry facilities, providing added value for residents. With a strong location, steady cash flow, and room for operational optimization, Norwich Court represents a compelling investment opportunity in one of Columbus’s most proven submarkets.
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Highlights

  • Desirable Unit Mix – 12 one-bedroom and 8 two-bedroom townhome-style units serving diverse renter profiles
  • Strong Location – Situated close to The Ohio State University in Columbus’s University District, a high-demand rental market
  • Value-Add Opportunity – Immediate upside potential through lease-up of currently vacant units
  • Tenant Amenities – Includes off-street parking and on-site laundry facilities for resident convenience

Getting around

  • 61/100

    Walk Score ®

  • 42/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Columbus, OH
  • Neighborhood Old North Columbus
  • Zip Code 43201
  • Market Columbus

Points of Interest

  • Shell

    0.42 miles

  • UDF Fuel

    0.66 miles

  • Marathon

    0.67 miles

  • Speedway

    0.90 miles

  • Sunoco

    0.95 miles

  • Turkey Hill

    1.12 miles

  • Tesla Supercharger

    2.22 miles

  • Orange Parking Lot

    0.11 miles

  • Green Parking Lot

    0.25 miles

  • Gold Parking Lot

    0.26 miles

  • White Parking Lot

    0.27 miles

  • Blue Parking Lot

    0.36 miles

  • Brown Parking Lot

    0.38 miles

  • Yellow Parking Lot

    0.40 miles

  • Black Parking Lot

    0.44 miles

  • Red Parking Lot

    0.48 miles

  • Pink Parking Lot

    0.53 miles

  • The Wayfaring Buckeye Hostel

    0.51 miles

  • Holiday Inn Express Columbus - Ohio Expo Center

    0.61 miles

  • Days Inn by Wyndham Columbus Fairgrounds

    0.74 miles

  • Comfort Suites

    0.77 miles

  • The Blackwell

    1.07 miles

  • Harrison House

    1.61 miles

  • Red Roof Plus

    1.67 miles

  • Hyatt House

    1.91 miles

  • Residence Inn

    1.93 miles

  • Moxy

    1.94 miles

  • Soussy Market

    0.25 miles

  • ALDI

    0.45 miles

  • Ohio Stater Mall

    0.65 miles

  • Target

    0.71 miles

  • Mediterranean Foods Imports

    1.06 miles

  • Lucky's Market

    1.16 miles

  • Giant Eagle

    1.24 miles

  • Kroger

    1.27 miles

  • Crestview Market

    1.41 miles

  • Marshalls

    1.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Zeke Liston

Verti Commercial Real Estate

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