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 l380-215-6046
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 continues to benefit from significant public and private investment, expanding retail, new residential construction, and improving infrastructure, driving steady renter demand and long-term appreciation....
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Home facts
- Year built:1900
- Listing ID #:225044758
- Added:173 day(s) ago
- Updated:May 27, 2026 at 02:52 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
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