186 Avondale Avenue, Columbus, OH 43223
186 Avondale Avenue, Columbus, OH 43223
186 Avondale Avenue, Columbus, OH 43223
186 Avondale Avenue, Columbus, OH 43223
186 Avondale Avenue, Columbus, OH 43223
186 Avondale Avenue, Columbus, OH 43223
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$ 120,000
Est. payment | /mo

4,356 Sqft Lot


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$ 120,000
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 225044758

Year Built 1900

Annual Tax Amount $5,388

Lot Size 4,356 Sqft

Lot Dimensions 0.1

Property Sub-Type Duplex

Source Columbus and Central Ohio Regional MLS

Property Description

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.

Location

State OH

County Franklin

Area 0.1

Zoning R2F

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Columbus Csd 2503 Fra Co.

School District Columbus Csd 2503 Fra Co.

Others

Tax ID 010-019919

Listed by Brett A Ludwig Verti Commercial Real Estate L

Nearby Locations

Charles Collins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(614) 325-1178

collinslassitergroup@gmail.com

921 Eastwind Dr Suite 102, Westerville, OH, 43081, United States

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186 Avondale Avenue