186 Avondale Ave Unit 188 Columbus, OH 43223
Franklinton NeighborhoodEstimated payment $618/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- 784 Sq Ft Home
- Duplex
- Vinyl Siding
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 010-019919
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 | $5,388 | $108,820 | $6,720 | $102,100 |
| 2023 | $4,938 | $108,820 | $6,720 | $102,100 |
| 2022 | $1,021 | $19,220 | $1,230 | $17,990 |
| 2021 | $1,212 | $19,220 | $1,230 | $17,990 |
| 2020 | $1,025 | $19,220 | $1,230 | $17,990 |
| 2019 | $995 | $16,000 | $1,020 | $14,980 |
| 2018 | $1,083 | $16,000 | $1,020 | $14,980 |
| 2017 | $1,014 | $14,840 | $1,260 | $13,580 |
| 2016 | $1,246 | $16,560 | $1,650 | $14,910 |
| 2015 | $1,172 | $16,560 | $1,650 | $14,910 |
| 2014 | $1,027 | $16,560 | $1,650 | $14,910 |
| 2013 | $660 | $18,375 | $1,820 | $16,555 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2025 12/16/25 | For Sale | $100,000 | 0.0% | $128 / Sq Ft | |
| 12/06/2025 12/06/25 | Off Market | $100,000 | -- | -- | |
| 12/04/2025 12/04/25 | For Sale | $100,000 | +1512.9% | $128 / Sq Ft | |
| 12/20/2013 12/20/13 | Sold | $6,200 | -58.7% | $3 / Sq Ft | View Prior Sale |
| 11/20/2013 11/20/13 | Pending | -- | -- | -- | |
| 10/02/2013 10/02/13 | For Sale | $15,000 | -- | $7 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Title One | |
| Quit Claim Deed | $40,000 | None Available | |
| Quit Claim Deed | $40,000 | Attorney | |
| Quit Claim Deed | $23,000 | Attorney | |
| Warranty Deed | $6,200 | Chicago Title Box | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $9,000 | Williamson | |
| Warranty Deed | $63,000 | Columbus Title Agency Inc | |
| Limited Warranty Deed | $24,500 | Mtc | |
| Sheriffs Deed | $50,400 | The Midland Celtic Title Gro | |
| Warranty Deed | $60,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $7,000 | -- | |
| Deed | $35,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $279,000 | Credit Line Revolving | |
| Previous Owner | $59,850 | Purchase Money Mortgage | |
| Previous Owner | $30,000 | Purchase Money Mortgage | |
| Previous Owner | $48,000 | No Value Available |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225044758
APN: 010-019919
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