186 Avondale Ave Unit 188 Columbus, OH 43223
Franklinton NeighborhoodAbout This Home
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
Home Design
- 784 Sq Ft Home
- Duplex
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 |
|---|---|---|---|---|
| 2025 | $5,388 | $108,820 | $6,720 | $102,100 |
| 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 |
|---|---|---|---|---|---|
| 02/17/2026 02/17/26 | Price Changed | $120,000 | +20.0% | $153 / Sq Ft | |
| 02/12/2026 02/12/26 | For Sale | $100,000 | 0.0% | $128 / Sq Ft | |
| 01/27/2026 01/27/26 | Pending | -- | -- | -- | |
| 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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Information is deemed reliable but not guaranteed.
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