Under Contract

176 E Patterson Avenue

Columbus, OH 43202

$325,000 $1,370/Mo

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Overview

Bed

Bath

1,526

Sqft

0.10

Acre(Lot)

Description

CURB OFFERS ONLY- OPEN HOUSE MONDAY, MAY 18th 4-5PM. Secure a high-potential asset in the heart of the university district with this 4-bedroom, 2-bathroom residence at 176 E Patterson Ave. Spanning 1,526 square feet, the layout is exceptionally well-suited for student living, featuring a highly coveted first-floor bedroom complete with its own private en suite bathroom. This property is a strategic find for a new investor looking to break into the campus market or a parent seeking a smart housing solution for their university student. While the home needs a bit of TLC, it has been priced competitively to offer incredible value and significant upside potential in a high-demand area. The home benefits from several major recent exterior improvements, including a newer roof and newer deckin g on the inviting front porch. The outdoor amenities provide a distinct advantage for the neighborhood: a spacious backyard deck for entertaining, a 1-car detached garage, and an additional covered parking spot - a rare and valuable find in the University District. With a current lease in place at $2,200/month through August 1, 2026, this home offers immediate, guaranteed cash flow while providing the perfect opportunity to add sweat equity and maximize future value. Take advantage of this rare chance to acquire a well-located rental with a high-demand floor plan and premium parking in a location that stays in constant demand.

Property Details

Property Type : Residential

Price : $325,000

AD Id : 78786589

MLS Id : 226017180

Beds : 4

Lot Size : 0.10 Acre

Living Area Size : 1,526

Year Built : 1920

Garage : 1

County : Franklin

Subdivision: Fairpark

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Has Basement: Yes Basement: Full
Flooring Information

Ceramic Tile, Wood, Laminate, Carpet
Interior Features

Master Downstairs Appliances: Dishwasher, Electric Range, Microwave, Refrigerator Laundry Features: Lower Level Window Features: Insulated Windows
Heating & Cooling

Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1920 Building Area Total: 1526 Construction Materials: Aluminum Siding Patio And Porch Features: Deck Private Pool: No

Lot Information

Main Square Feet: 0.1 Lot Size Acres: 0.1 Lot Size Square Feet: 4356

Property Information

Subdivision: University District Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 106

Listing Price Information

Listing Price: $325000 FHA, Conventional, VA Loan

Tax Information

Parcel Number: 010-025857 Tax Year: 2025 Annual Tax: $4762.48

Parking Information

Garage Door Opener, Detached

Garage Information

Has Garage: Yes Garage Space: 1

Location Information

Direction: On Patterson between High St and Indianola WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2295 N 4th Street, Columbus, OH, 43202	$450,000	4	3	2,108	2,108 SqFt
578 E Tulane Road, Columbus, OH, 43202	$325,000	3	2	1,152	1,152 SqFt
603 Midgard Road, Columbus, OH, 43202	$399,900	3	1	1,394	1,394 SqFt
2416 Summit Street, Columbus, OH, 43202	$360,000	3	2	1,464	1,464 SqFt
551 Melrose Avenue, Columbus, OH, 43202	$429,900	3	2	1,248	1,248 SqFt
2456 Indiana Avenue #2454, Columbus, OH, 43202	$339,000	4	2	1,830	1,830 SqFt
506 Melrose Avenue, Columbus, OH, 43202	$539,000	4	2	1,628	1,628 SqFt
415 Glen Echo Circle, Columbus, OH, 43202	$674,900	5	4	2,875	2,875 SqFt
2465 Indiana Avenue, Columbus, OH, 43202	$265,000	3	1	1,225	1,225 SqFt
529 E Como Avenue, Columbus, OH, 43202	$289,900	2	1	800	800 SqFt

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ByOwner last updated this listing 06/05/2026 @ 22:21

MLS: 226017180 LISTED BY: Erik Hiss, Keller Williams Capital Ptnrs 614-888-1000 SOURCE: Columbus and Central Ohio Regional MLS