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700-710 Franklin Avenue

Columbus, OH 43205
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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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Detail Ic Property Details

Property Type : Residential Income

Price : $2,425,000

AD Id : 91813965

MLS Id : 226038790

Tax Amount : $35,342

Year Built : 1900

County : Franklin

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Feature Features

  • Room Information

    Has Basement: Yes
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1900 Construction Materials: Brick Private Pool: No

  • Listing Price Information

    Listing Price: $2425000

  • Tax Information

    Parcel Number: 010-036405-00 Tax Year: 2025 Annual Tax: $35342

  • Parking Information

    Parking Total: 11

    Garage Information

    Has Garage: Yes

  • Utility Information

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

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1770-1772 Oak Street, Columbus, OH, 43205 $415,000 -- -- -- 0.08 Acre
1707 E Main Street #1705, Columbus, OH, 43205 $199,999 -- -- -- 0.12 Acre
1598-1600 E Livingston .., Columbus, OH, 43205 $230,000 -- -- -- 0.11 Acre
422-424 Morrison Avenue, Columbus, OH, 43205 $615,000 -- -- -- 0.11 Acre
710 Kelton Avenue, Columbus, OH, 43205 $226,000 -- -- -- 0.08 Acre
1537-1539 Franklin Avenue, Columbus, OH, 43205 $399,000 -- -- -- --
1504-1506 Bryden Road #.., Columbus, OH, 43205 $649,900 -- -- -- 0.13 Acre
266 Miller Avenue #268, Columbus, OH, 43205 $519,000 -- -- -- 0.07 Acre
1423 E Main Street, Columbus, OH, 43205 $349,900 -- -- -- 0.27 Acre
1355-1357 E Mound Street, Columbus, OH, 43205 $309,000 -- -- -- 0.10 Acre

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ByOwner last updated this listing 10/13/2026 @ 02:30

MLS: 226038790 LISTED BY: Daryl Miller, Forge Real Estate Advisors 614-665-5793 SOURCE: Columbus and Central Ohio Regional MLS

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