186 Avondale Avenue, Columbus, OH 43223
$100,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
4,356
Status:
Pending
Current Price:
$100,000
List Date:
12/16/2025
Last Modified:
1/27/2026
Description
BEST & HIGHEST OFFERS DUE BY FRIDAY JANUARY 16TH, 5:00 PM
Outstanding opportunity for investors seeking cash flow today and development potential tomorrow.
Located in the rapidly evolving Franklinton neighborhood. This R2F-zoned parcel offers rare flexibility for investors, developers, or owner-occupants seeking long-term value in one of Columbus's most active redevelopment corridors.
The property includes a recently renovated 2-bed, 1-bath single-family home that is move-in ready and was last rented for $1,150/month, providing immediate income potential. Renovations include new flooring, light fixtures, W/D hookup, stainless appliances, cabinets, and quartz countertops.
Additional upside can be realized as zoning allows for a duplex to be built on the site, creating a strong path for value-add development or a future multi-unit hold strategy. Whether you choose to maintain the updated home, add a second unit, or redevelop entirely, the parcel delivers meaningful optionality in a supply-constrained urban submarket.
Franklinton continues to benefit from significant public and private investment, expanding retail, new residential construction, and improving infrastructure, driving steady renter demand and long-term appreciation.
Supplements: ********
More Information MLS# 225044758
Location & Property Info
List Price/SqFt: 127.55
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: 784
Lot Size (Side): 129
Use Code: 530 - 3-FAM DWELL:PLATTED LOT
Number of Units: 1
Year Built: 1900
Acreage: 0.1
Tax Info
Zoning: R2F
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 5388
Tax Incentive: No
Parcel #: 010-019919
Tax Year: 2024
Remarks & Misc
Property Description: BEST & HIGHEST OFFERS DUE BY FRIDAY JANUARY 16TH, 5:00 PM
Outstanding opportunity for investors seeking cash flow today and development potential tomorrow.
Located in the rapidly evolving Franklinton neighborhood. This R2F-zoned parcel offers rare flexibility for investors, developers, or owner-occupants seeking long-term value in one of Columbus's most active redevelopment corridors.
The property includes a recently renovated 2-bed, 1-bath single-family home that is move-in ready and was last rented for $1,150/month, providing immediate income potential. Renovations include new flooring, light fixtures, W/D hookup, stainless appliances, cabinets, and quartz countertops.
Additional upside can be realized as zoning allows for a duplex to be built on the site, creating a strong path for value-add development or a future multi-unit hold strategy. Whether you choose to maintain the updated home, add a second unit, or redevelop entirely, the parcel delivers meaningful optionality in a supply-constrained urban submarket.
Franklinton continues to benefit from significant public and private investment, expanding retail, new residential construction, and improving infrastructure, driving steady renter demand and long-term appreciation.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 1
2 Bedroom Month Rent Per Unit: 1150
Construction
Vinyl Siding: 1
Heat Fuel
Electric: 1
Parking Features
2 Off 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
Tenant Pays
Gas: 1
Sewer: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Owner Pays
Trash: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 100000
List Price: $100,000
Property Sub Type: Duplex
Street #: 186
Street Name: Avondale
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43223
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Pending
MLS Entry Date: 2025-12-04
Status Change Info
Under Contract Date: 2026-01-27
Property Features
Addl Acceptance Cond: None Known
Parking Features: 2 Off Street
Owner Pays: Trash
Tenant Pays: Electricity; Gas; Sewer; Water
Heat Fuel: Electric
Heating: Forced Air
Air Conditioning: Window Unit(s)
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 - 27 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2025 Columbus Board of Realtors. All rights reserved.
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