1109 Franklin Avenue, 1111, Columbus, OH 43205
$425,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
2,614
Status:
Active
Current Price:
$425,000
List Date:
12/16/2025
Last Modified:
1/22/2026
Description
Incredible opportunity to acquire a fully renovated duplex in Old Towne East.
Unit 1 has two bedrooms and one bath, with access to the basement. Currently vacant, most recently rented at $1,350/month.
Unit 2 has 4 bedrooms and two baths. Currently vacant, most recently rented at $1,850 per month.
Gas furnaces, central air. Gas and electric separately metered.
Olde Towne East continues to be a strong investment market thanks to its ongoing revitalization, central location, and consistent demand from renters seeking walkable, historic neighborhoods near downtown Columbus. The area blends restored character homes with new development, creating steady appreciation potential and reliable rental performance in a submarket that continues to improve year over year.
Supplements: ********
More Information MLS# 225044700
Location & Property Info
List Price/SqFt: 137.94
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 1
Occupancy Rate: 0
Built Prior to 1978: Yes
Building Sqft: 3081
Lot Size (Side): 65
Number of Units: 2
Year Built: 1893
Acreage: 0.06
Tax Info
Zoning: 520
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 4464
Parcel #: 010-038863
Tax Year: 2024
Remarks & Misc
Property Description: Incredible opportunity to acquire a fully renovated duplex in Old Towne East.
Unit 1 has two bedrooms and one bath, with access to the basement. Currently vacant, most recently rented at $1,350/month.
Unit 2 has 4 bedrooms and two baths. Currently vacant, most recently rented at $1,850 per month.
Gas furnaces, central air. Gas and electric separately metered.
Olde Towne East continues to be a strong investment market thanks to its ongoing revitalization, central location, and consistent demand from renters seeking walkable, historic neighborhoods near downtown Columbus. The area blends restored character homes with new development, creating steady appreciation potential and reliable rental performance in a submarket that continues to improve year over year.
Income/Expenses
Gross Income: 38400
Net Operating Income: 26880
Total Expenses: 11520
Addl Acceptance Cond
None Known: 1
Expenses
R.E. Taxes: 4464.12
2 Bedroom
2 Bedroom # of Units: 1
2 Bedroom Month Rent Per Unit: 1350
Construction
Vinyl Siding: 1
Heat Fuel
Gas: 1
Parking Features
On Street: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Other
Other Month Rent Per Unit: 1850
Tenant Pays
Gas: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Central Air: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 475000
List Price: $425,000
Property Sub Type: Duplex
Street #: 1109
Street Name: Franklin
Street Suffix: Avenue
Unit/Suite #: 1111
County: Franklin
State: OH
Zip Code: 43205
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2025-12-03
Property Features
Addl Acceptance Cond: None Known
Parking Features: On Street
Owner Pays: Sewer; Trash; Water
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Vinyl Siding
Water Source: Public
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Verti Commercial Real Estate L
Listing Agent:
Brett A Ludwig
Last Updated: January - 22 - 2026
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