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

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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
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.