116 Central Ave Athens, OH 45701
Estimated payment $1,298/month
Highlights
- Very Popular Property
- Detached Garage
- Window Unit Cooling System
About This Home
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.
Listing Agent
Howard Hanna Real Estate Servc License #2019001979 Listed on: 01/06/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,354
Year Built
- Built in 1900
Parking
- Detached Garage
Home Design
- 2,240 Sq Ft Home
- Duplex
- Vinyl Siding
Additional Features
- Washer and Dryer Hookup
- 6,098 Sq Ft Lot
- Window Unit Cooling System
- Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number A02-80400060-00
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,354 | $61,820 | $7,320 | $54,500 |
| 2023 | $3,126 | $61,820 | $7,320 | $54,500 |
| 2022 | $2,652 | $50,120 | $7,320 | $42,800 |
| 2021 | $2,664 | $50,120 | $7,320 | $42,800 |
| 2020 | $2,585 | $50,120 | $7,320 | $42,800 |
| 2019 | $2,510 | $48,030 | $6,560 | $41,470 |
| 2018 | $2,478 | $48,030 | $6,560 | $41,470 |
| 2017 | $2,330 | $48,030 | $6,560 | $41,470 |
| 2016 | $2,144 | $42,960 | $6,250 | $36,710 |
| 2015 | $3,924 | $42,960 | $6,250 | $36,710 |
| 2014 | $3,924 | $42,960 | $6,250 | $36,710 |
| 2013 | $4,077 | $45,880 | $6,250 | $39,630 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2026 01/06/26 | For Sale | $195,000 | -- | $87 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | Attorney | |
| Deed | -- | -- | |
| Deed | $52,500 | -- | |
| Deed | $39,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $108,000 | Adjustable Rate Mortgage/ARM |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226000316
APN: A02-80400060-00
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.
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.
- 98 Central Ave
- 56.15/15.5 Central & Clark
- 7 Elizabeth Dr
- 214 W State St
- 11 Walker St
- 12 Walker St
- 15 S Shafer St Unit 201
- 15 S Shafer St Unit 1509
- 15 S Shafer St Unit 303
- 193 N Lancaster St
- 0 Roberts St
- 71 W Washington St
- 80 Court
- 64 Franklin Ave
- 177 Grosvenor St
- 115 University Estates Blvd
- 550 W Union St
- 273 E State St
- 0 Columbus Rd
- 12 McGuffey Ln
- 15 S Shafer St Unit 2005
- 86 W State St Unit C
- 121 Washington W St
- 247 W Union St Unit 204C
- 18 W State St Unit 18 1/2
- 23 Franklin Ave
- 146 E State St
- 21 S Court St
- 14-18 S Court St Unit B
- 30 S Court St
- 57 Elmwood Place Unit Main House
- 146 Mill St
- 152 Mill St
- 1001 Altamonte Dr
- 186 Mill St
- 363 Richland Ave
- 12 Carriage Hill Dr
- 6 Monticello Dr
- 4 Hickory St
- 68 E 1st St Unit 2 Bedroom