1685 Franklin AveColumbus, OH 43205

Property Details for 1685 Franklin Ave

Year built

1900

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This charming 2-unit brick duplex, located at 1685 Franklin Avenue in Columbus, Ohio's historic Olde Town East neighborhood, presents a fantastic investment opportunity. Built in 1900 and extensively renovated in 2023, this property boasts 100% occupancy with both units currently leased. The upper unit (1687) commands a monthly rent of $1695 on a 12-month lease commencing August 1, 2024. The lower unit (1685) is currently leased for $1520 per month through February 2025. The property sits on a 5,662.8 square foot lot and features updated electrical and plumbing systems, along with new furnaces and hot water tanks. Each sun-filled unit retains its original character with vintage woodwork and hardwood floors, offering a blend of historic charm and modern convenience. The asking price is $514,900, translating to $199.88 per square foot. This turnkey property offers immediate cash flow and significant potential for long-term appreciation in a desirable and historically rich Columbus neighborhood. The property's zip code is 43205, and it is located in Franklin County.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.961

Longitude

-82.9547

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].