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
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