$475,000

1109 Franklin Ave Unit 1111 Columbus, OH 43205

Olde Towne East Neighborhood

Estimated payment $2,873/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Incredible opportunity to acquire a fully renovated duplex in Franklinton. 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. Franklinton has emerged as one of Columbus's most dynamic growth corridors, driven by its proximity to Downtown, rapid redevelopment, and strong demand from renters seeking modern, urban living. Significant public and private investment continue to transform the neighborhood. With ongoing tax incentives, improving infrastructure, and steady population inflows, Franklinton offers a compelling long-term investment location.

Listing Agent

Brett Ludwig

Verti Commercial Real Estate L License #2016004572 Listed on: 12/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 1893

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,081 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 010-038863

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $11,520
  • Gross Income $38,400
  • Net Operating Income $26,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,464

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1893
  • Tax Year: 2024
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.06
  • Total Gross Income: 38400.0
  • Co List Office Phone: 380-215-6046
  • MLS Status: Active
  • Location Property Info List PriceSqFt: 154.17
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 38400.0
  • Annual Expenses: 11520.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3081.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Water Source Public: Yes
  • Remarks Misc Property Description3: Incredible opportunity to acquire a fully renovated duplex in Franklinton. 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. Franklinton has emerged as one of Columbus's most dynamic growth corridors, driven by its proximity to Downtown, rapid redevelopment, and strong demand from renters seeking modern, urban living. Significant public and private investment continue to transform the neighborhood. With ongoing tax incentives, improving infrastructure, and steady population inflows, Franklinton offers a compelling long-term investment location.
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-038863
  • Lot Size Sq Ft: 2613.6
  • Additional Parcels: No
  • Zoning Description: 520

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Monthly Rent (Other): 1850.0
  • Number Of Units Total: 2
  • Net Operating Income: 26880.0
  • Annual Operating Expense: 11520.0

Tax Info

  • Tax Annual Amount: 4464.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,464 $97,410 $25,900 $71,510
2023 $5,579 $123,270 $25,900 $97,370
2022 $5,376 $101,160 $3,400 $97,760
2021 $5,455 $101,160 $3,400 $97,760
2020 $5,328 $101,160 $3,400 $97,760
2019 $6,213 $101,160 $3,400 $97,760
2018 $990 $28,180 $3,400 $24,780
2017 $1,200 $28,180 $3,400 $24,780
2016 $860 $21,460 $3,360 $18,100
2015 $783 $21,460 $3,360 $18,100
2014 $887 $21,460 $3,360 $18,100
2013 $398 $19,495 $3,045 $16,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $475,000 -- --
Source: Columbus and Central Ohio Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Title One
Warranty Deed $265,000 Access Title Agency
Warranty Deed $265,000 Access Title Agency
Warranty Deed $317,500 Peak Title
Quit Claim Deed -- Landsel Title Agency Inc
Quit Claim Deed $58,000 None Available
Quit Claim Deed $40,000 --
Quit Claim Deed $34,200 --
Deed $11,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,000 New Conventional
Previous Owner $8,000,000 Credit Line Revolving
Previous Owner $8,000,000 Credit Line Revolving
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225044700

Columbus and Central Ohio Regional MLS

APN: 010-038863

Ohio Franklin County Columbus 43205 Olde Towne East

1109 Franklin Ave Unit 1111, Columbus, OH

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Brett Ludwig
Listing Agent
Brett Ludwig
Section Image
Verti Commercial Real Estate L
(380) 249-2889