Under Contract

186 Avondale Avenue

Columbus, OH 43223
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Bed --

Bed

Bath 0

Bath

Acres0.10

Acre(Lot)

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 str ategy. 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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Detail Ic Property Details

Property Type : Residential Income

Price : $120,000

AD Id : 70471956

MLS Id : 225044758

Lot Size : 0.10 Acre

Year Built : 1900

County : Franklin

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes

  • Building Information

    Year Built: 1900 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.1 Lot Size Acres: 0.1 Lot Size Square Feet: 4356

  • Listing Price Information

    Listing Price: $120000 Original Price: $100000

  • Tax Information

    Parcel Number: 010-019919 Tax Year: 2024 Annual Tax: $5388

  • Utility Information

    Natural Gas Available, Water Available, Sewer Available, Electricity Available
  • Location Information

    WaterSource: Public
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ByOwner last updated this listing 06/16/2026 @ 20:48

MLS: 225044758 LISTED BY: Brett Ludwig, Verti Commercial Real Estate L 380-215-6046 SOURCE: Columbus and Central Ohio Regional MLS

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