186 Avondale Avenue, Columbus, OH 43223

Local realty services provided by:ERA Martin & Associates
186 Avondale Avenue,Columbus, OH 43223
$120,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brett a ludwig
Office: verti commercial real estate l
MLS#:225044758
Source:OH_CBR

Price summary

  • Price:$120,000

About this home

Outstanding opportunity for investors seeking cash flow today and development potential tomorrow. Located in the rapidly evolving Franklinton neighborhood. This R2F-zoned parcel offers rare flexibility for investors, developers, or owner-occupants seeking long-term value in one of Columbus's most active redevelopment corridors. The property includes a recently renovated 2-bed, 1-bath single-family home that is move-in ready and was last rented for $1,150/month, providing immediate income potential. Renovations include new flooring, light fixtures, W/D hookup, stainless appliances, cabinets, and quartz countertops. Additional upside can be realized as zoning allows for a duplex to be built on the site, creating a strong path for value-add development or a future multi-unit hold strategy. Whether you choose to maintain the updated home, add a second unit, or redevelop entirely, the parcel delivers meaningful optionality in a supply-constrained urban submarket. Franklinton

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Home facts

  • Year built:1900
  • Listing ID #:225044758
  • Added:75 day(s) ago
  • Updated:February 17, 2026 at 11:39 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Lot area:0.1 Acres

Finances and disclosures

  • Price:$120,000
  • Tax amount:$5,388
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.

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