1581 Franklin Avenue, Columbus, OH

$370,000

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0.11

Acres

About 1581 Franklin Avenue

Massive 3,592 square foot duplex located just south of Franklin Park and East Market. The lower unit (1581) offers 2 bedrooms and 2 bathrooms and is currently leased at $1,215 per month plus a $65 monthly water fee through 11/26/2026, with the potential to be easily converted into a 3-bedroom, 2-bath layout. The upper unit (1581½) features 4 bedrooms and 2 bathrooms and was recently vacated (previously rented for $1,800+ per month). Photos were taken prior to tenant move-out. While unit 1581½ will require some repairs to be rent-ready, the property is priced accordingly. Additional income is generated by a large two-car garage, currently leased for $100 per month. Each unit has in unit washer and dryer hookups. Recent improvements include new AC units (2024), stainless steel appliances, new LVP flooring in both units, updated light fixtures, and more.

Features of 1581 Franklin Avenue

MLS® # 226000638
Price $370,000
Acres 0.11
Year Built 1900
Type Multi-Family
Sub-Type Duplex
Status Active Under Contract

Community Information

Address 1581 Franklin Avenue
Area None
City Columbus
County Franklin
State OH
Zip Code 43205

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

School Information

District COLUMBUS CSD 2503 FRA CO.

Listing Details

OfficeZeke Liston of Red 1 Realty

Listing Map

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