116 Central Avenue, Athens, OH 45701
Local realty services provided by:ERA Martin & Associates
116 Central Avenue,Athens, OH 45701
$195,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: sherri mcdonald
Office: howard hanna real estate servc
MLS#:226000316
Source:OH_CBR
Price summary
- Price:$195,000
About this home
Excellent investment opportunity! This well-maintained duplex offers immediate and future income potential. Recent major upgrades include a new metal roof (2025), vinyl siding, and newer replacement windows installed in recent years. One unit features a new hot water tank (2025).
Unit 118 is currently rented through June 2026, providing stable cash flow, while the second unit is vacant—ideal for value-add potential or owner occupancy. Minor cosmetic updates are needed, including flooring replacement and stair carpeting, offering an opportunity to increase rental value.
Property is currently zoned as an owner-occupied rental; buyers may pursue a variance with the city for full rental use. All appliances convey with the sale.
Each unit includes a spacious landing at the top of the stairs, which could potentially be utilized as an additional bedroom or flex space. The property also features a large backyard shed, perfect for conversion into a studio, workshop, or additional income-producing space.
Strong upside potential—don't miss this opportunity to add a solid asset to your portfolio.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:226000316
- Added:1 day(s) ago
- Updated:January 06, 2026 at 05:02 AM
Structure and exterior
- Year built:1900
- Lot area:0.14 Acres
Finances and disclosures
- Price:$195,000
- Tax amount:$3,354
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