700-710 Franklin Avenue, Columbus, OH 43205

Columbus
Local realty services provided by:ERA Real Solutions Realty
700-710 Franklin Avenue,Columbus, OH 43205
$2,425,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joey allen miller, zeke liston
Office: forge real estate advisors614-665-5793
MLS#:226038790
Source:OH_CBR

Price summary

  • Price:$2,425,000

About this home

Fully occupied, 12-unit brick walk-up with 11 detached garage bays in Olde Towne East, minutes from Downtown Columbus. It has undergone significant renovation since 2018, the three-story building offers eleven 2 bed / 2 bath apartments and one 3 bed / 1 bath, with hardwood floors, exposed brick, ceiling fans, and white-cabinet kitchens with stone countertops. Select units add an enclosed sunroom. The property is 100% occupied. In-place rents average $1,870 with a gross monthly income of $22,915. Only 3 of the 11 garage bays are currently leased, which adds a further income opportunity at $150 per bay. With substantial capital improvements, strong in-place cash flow, and additional upside through garage leasing, this property presents an attractive opportunity for investors seeking a stabilized multifamily asset in one of Columbus' most desirable urban neighborhoods.

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Home facts

  • Year built:1900
  • Listing ID #:226038790
  • Added:15 day(s) ago
  • Updated:October 27, 2026 at 05:01 PM

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1900

Finances and disclosures

  • Price:$2,425,000
  • Tax amount:$35,342

Parking

  • Total parking spaces:11
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 Real Solutions Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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