116 Central Avenue, Athens, OH 45701
$197,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$197,000
List Date:
1/06/2026
Last Modified:
2/07/2026
Description
Excellent investment opportunity! This well-maintained duplex offers immediate and future income potential. Recent major upgrades include a new metal roof (2025), vinyl siding, and newer replacement windows installed in recent years. One unit features a new hot water tank (2025).
Unit 118 is currently rented through June 2026, providing stable cash flow, while the second unit is vacant—ideal for value-add potential or owner occupancy. Minor cosmetic updates are needed, including flooring replacement and stair carpeting, offering an opportunity to increase rental value.
Property is currently zoned as an owner-occupied rental; buyers may pursue a variance with the city for full rental use. All appliances convey with the sale.
Each unit includes a spacious landing at the top of the stairs, which could potentially be utilized as an additional bedroom or flex space. The property also features a large backyard shed, perfect for conversion into a studio, workshop, or additional income-producing space.
Strong upside potential—don't miss this opportunity to add a solid asset to your portfolio.
Supplements: ********
More Information MLS# 226000316
Location & Property Info
List Price/SqFt: 87.05
City (Mailing Addr): Athens
Corp LimitPerAuditor: Athens
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 2240
Lot Size (Side): 126
Number of Units: 2
Year Built: 1900
Acreage: 0.14
Tax Info
Zoning: owner occupied
Tax Abatement: No
Taxes (Yrly): 3354
Parcel #: A02-80400060-00
Tax Year: 2024
Remarks & Misc
Property Description: Excellent investment opportunity! This well-maintained duplex offers immediate and future income potential. Recent major upgrades include a new metal roof (2025), vinyl siding, and newer replacement windows installed in recent years. One unit features a new hot water tank (2025).
Unit 118 is currently rented through June 2026, providing stable cash flow, while the second unit is vacant—ideal for value-add potential or owner occupancy. Minor cosmetic updates are needed, including flooring replacement and stair carpeting, offering an opportunity to increase rental value.
Property is currently zoned as an owner-occupied rental; buyers may pursue a variance with the city for full rental use. All appliances convey with the sale.
Each unit includes a spacious landing at the top of the stairs, which could potentially be utilized as an additional bedroom or flex space. The property also features a large backyard shed, perfect for conversion into a studio, workshop, or additional income-producing space.
Strong upside potential—don't miss this opportunity to add a solid asset to your portfolio.
Status Change Info
Sold Price/SqFt: 87.95
Under Contract Date: 2026-01-11
Sold Date: 2026-02-06
Sold Price: $197,000
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 2
2 Bedroom Month Rent Per Unit: 1000
Construction
Vinyl Siding: 1
Parking Features
Detached Garage: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Miscellaneous
Basement: 1
Garages: 1
W/D Hookups: 1
Auction Info
Auction/Online Bidding Y/N: No
New Financing
Conventional: 1
Air Conditioning
Window Unit(s): 1
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 195000
Sold Price: $197,000
Property Sub Type: Duplex
Street #: 116
Street Name: Central
Street Suffix: Avenue
County: Athens
State: OH
Zip Code: 45701
School District: ATHENS CSD 502 ATH CO.
Township: Athens
OfficeContract Info
Status: Closed
MLS Entry Date: 2026-01-05
Property Features
Addl Acceptance Cond: None Known
Parking Features: Detached Garage
Air Conditioning: Window Unit(s)
Construction: Vinyl Siding
Water Source: Public
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available
Miscellaneous: Basement; Garages; W/D Hookups
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Howard Hanna Real Estate Servc
Listing Agent:
Sherri McDonald
Last Updated: February - 07 - 2026
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