205 S Princeton Avenue, Columbus, OH 43223
$199,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,424
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$199,000
List Date:
10/03/2025
Last Modified:
2/02/2026
Description
HUGE PRICE DROP & TAX ABATEMENT APPROVED! An incredible opportunity in Franklinton just got even better with a major price reduction. Whether you're seeking a smart investment or a future home to make your own, this property offers outstanding value, with room to add equity by addressing a few remaining fixes. The home has been freshly cleaned and can be move‑in ready.
The most recent tenants loved the home and the location, and they paid $1,600/month, highlighting the strong rental appeal and desirability of the area.
Renovated in 2020, the home features 3 bedrooms, 2 full baths, and a modern layout. The first floor includes large, bright living & dining areas, and first‑floor laundry area. The kitchen is equipped with granite countertops & stainless-steel appliances. Both bathrooms have been updated, and the home carries a clean, neutral color palette throughout. There is also tons of additional storage space available in the large unfinished basement. Major improvements from the 2020 renovation include a new roof, updated windows (with glass block in the basement), refreshed mechanicals, and exterior paint. Outdoor spaces include a welcoming front porch, a back deck with new railings, and a fully fenced yard that can be used for off-street parking. Major improvements from the 2020 renovation include a new roof, updated windows (with glass block in the basement), and a new furnace & hot water heater.
Located in the heart of Franklinton, you're minutes from Downtown Columbus, Land‑Grant Brewing, COSI, and quick access to I‑70.
With its approved tax abatement, modern updates, strong rental history, and the opportunity to build additional value, 205 S Princeton stands out as a smart buy in one of Columbus's fastest‑growing neighborhoods.
Supplements: ********
More Information MLS# 225037497
Location & Property Info
List Price/SqFt: 139.75
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
New Construction: No
General Property Info
Baths F.H: 2
Manufactured Housing Y/N: No
Built Prior to 1978: Yes
Off Street Parking Spaces: 2
SqFt Documented: 1424
Documented SqFt Source: Realist
ATFLS Source: Realist
Lot Size (Side): 125
HOA/COA Y/N: No
Comm Dev Chrg: No
Bedrooms: 3
Total Baths: 2
Full Baths: 2
Year Built: 1914
SqFt ATFLS: 1424
Acreage: 0.09
Tax Info
Tax Abatement: Yes
Abatement End Date: 2034-12-31
Taxes (Yrly): 2827
Parcel #: 010-048049
Tax Year: 2024
Remarks & Misc
Property Description: HUGE PRICE DROP & TAX ABATEMENT APPROVED! An incredible opportunity in Franklinton just got even better with a major price reduction. Whether you're seeking a smart investment or a future home to make your own, this property offers outstanding value, with room to add equity by addressing a few remaining fixes. The home has been freshly cleaned and can be move‑in ready.
The most recent tenants loved the home and the location, and they paid $1,600/month, highlighting the strong rental appeal and desirability of the area.
Renovated in 2020, the home features 3 bedrooms, 2 full baths, and a modern layout. The first floor includes large, bright living & dining areas, and first‑floor laundry area. The kitchen is equipped with granite countertops & stainless-steel appliances. Both bathrooms have been updated, and the home carries a clean, neutral color palette throughout. There is also tons of additional storage space available in the large unfinished basement. Major improvements from the 2020 renovation include a new roof, updated windows (with glass block in the basement), refreshed mechanicals, and exterior paint. Outdoor spaces include a welcoming front porch, a back deck with new railings, and a fully fenced yard that can be used for off-street parking. Major improvements from the 2020 renovation include a new roof, updated windows (with glass block in the basement), and a new furnace & hot water heater.
Located in the heart of Franklinton, you're minutes from Downtown Columbus, Land‑Grant Brewing, COSI, and quick access to I‑70.
With its approved tax abatement, modern updates, strong rental history, and the opportunity to build additional value, 205 S Princeton stands out as a smart buy in one of Columbus's fastest‑growing neighborhoods.
Addl Acceptance Cond
None Known: 1
Levels
Two: 1
Architectural Style
Traditional: 1
Common Walls
No Common Walls: 1
Bedroom Level
Beds UP1: 3
Full Baths Level
Full Baths UP1: 1
Full B Entry Level: 1
Living Room Level
Living R Entry Level: 1
Parking Features
Assigned: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Basement
Basement Y/N: Yes
Dining Room Level
Dining Entry Level: 1
Basement Description
Full: 1
Foundation
Block: 1
Eating Space Level
Eating S Entry Level: 1
Rooms
1st Flr Laundry: 1
Fireplace
Total Fireplaces: 1
One: 1
Decorative: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Gas: 1
New Financing
Conventional: 1
FHA: 1
VA: 1
Other: 1
Utility Space Level
Utility Entry Level: 1
Den/Home Office Level
Den/Home Office UP1: 1
Interior Flooring
Carpet: 1
Ceramic/Porcelain: 1
Vinyl: 1
Wood: 1
Interior Amenities
Dishwasher: 1
Electric Dryer Hookup: 1
Gas Range: 1
Gas Water Heater: 1
Microwave: 1
Refrigerator: 1
Cmplex/Sub Amenities
Sidewalk: 1
Accessible Features
Accessible Features - Form Required: No
Patio and Porch Features
Porch: 1
Fencing
Fenced: 1
Exterior
Vinyl Siding: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Accessory Dwelling Unit
Existing Accessory Dwelling Unit: No
Leased Items Y/N
Leased Items: No
Green Features
Green Features Y/N - Form Required: No
Location Property Info
Property Sub Type: Single Family Residence
Original List Price: 205000
List Price: $199,000
Street #: 205
Street PreDirection: S
Street Name: Princeton
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43223
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2025-10-03
Property Features
Levels: Two
Architectural Style: Traditional
Common Walls: No Common Walls
Addl Acceptance Cond: None Known
Parking Features: Assigned
Basement Description: Full
Foundation: Block
Exterior: Vinyl Siding
Rooms: 1st Flr Laundry
Fireplace: One; Decorative
Heating: Forced Air; Gas
Interior Flooring: Carpet; Ceramic/Porcelain; Vinyl; Wood
Sewer: Public Sewer
Water Source: Public
Interior Amenities: Dishwasher; Electric Dryer Hookup; Gas Range; Gas Water Heater; Microwave; Refrigerator
Patio and Porch Features: Porch
Fencing: Fenced
New Financing: Conventional; FHA; VA; Other
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Amy M Vega
Last Updated: February - 02 - 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 2026 Columbus Board of Realtors. All rights reserved.