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0 Baths

$399,000

1537-1539 Franklin Avenue, Columbus OH, 43205

Built in1900
Property typeMulti-family
Courtesy of Ines Hilaman - Red 1 Realty

Overview

Active

Listed Oct 9, 2026

Updated 15h ago

Attention investors! Fully rented two-family on Franklin Ave in Olde Towne East, steps from Franklin Park and the Franklin Park Conservatory and a short walk to the Trolley District, where the historic trolley barns are now East Market, the Columbus Brewing Company Beer Hall, Local Cantina, and the Railhouse bar. Minutes from downtown Columbus, in a neighborhood with a decade of strong appreciation. Fully renovated in 2015. Each unit has 2 bedrooms, 1 bath, second-floor laundry, and its own entrance. Both units are leased into mid-2027 and bring in $3,125/month combined. The CRA tax abatement runs through tax year 2026, with current taxes about $2,853/yr. The deep fenced backyard sits on R3-zoned land, with potential for a backyard ADU (accessory dwelling unit). Tenant-occupied; showings require advance notice. Please do not disturb the residents.

$2,655/mo

Est. mortgage payment based on a $399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

 

Courtesy of Ines Hilaman - Red 1 Realty 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Greg Giessler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Copyright: 2026 by Columbus and Central Ohio Regional MLS. All rights reserved.

 

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