1581 Franklin Ave Columbus, OH 43205

This stunning Columbus duplex, located at 1581 Franklin Avenue, presents a rare investment opportunity. Built in 1900, this property boasts a substantial 4,791.6 square foot lot and offers two spacious units, each exceeding 1,700 square feet of living space. The property features a large, two-car garage. One unit, currently rented on a 12-month lease at $1,886 per month through the Columbus Metropolitan Housing Authority (CMHA), includes two bedrooms and two bathrooms, easily convertible to a three-bedroom, two-bathroom layout. The second unit offers four bedrooms and two bathrooms. Both units have undergone recent renovations, including new air conditioning systems, stainless steel appliances, luxury vinyl plank flooring (LVP) throughout, fresh paint, and updated light fixtures and outlets. The property's prime location, just south of Franklin Park Conservatory and the new East Market, ensures high demand and strong rental potential. The asking price is $402,000, with a price per square foot of $111.92. This duplex represents a compelling investment opportunity in a thriving Columbus neighborhood. The property is currently vacant, except for the one unit under lease. Don't miss this chance to acquire a well-maintained, high-return multifamily property in a desirable location.