$120,000
UNDER CONTRACT $20K PRICE INCREASE

186 Avondale Ave Unit 188 Columbus, OH 43223

Franklinton Neighborhood

Estimated payment $767/month

Total Views 5,395
-- Bed
-- Bath
784 Sq Ft
$153 Price per Sq Ft

About 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.

Listing Agent

Brett Ludwig

Verti Commercial Real Estate L License #2016004572 Listed on: 02/12/2026

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
  • Vinyl Siding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-019919

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2024
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Co List Office Phone: 380-215-6046
  • MLS Status: Contingent
  • Location Property Info List PriceSqFt: 153.06
  • Remarks Misc Hot Sheet Comments: price
  • General Property Info Building Sq Ft: 784.0
  • General Property Info # of Buildings: 1.0
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-019919
  • Lot Size Sq Ft: 4356.0
  • Additional Parcels: No
  • Zoning Description: R2F

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 5388.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Columbus and Central Ohio Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225044758

Columbus and Central Ohio Regional MLS

APN: 010-019919

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