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Off market
  • $480,200

    1685-1687 Franklin Ave, Columbus, OH 43205

    4beds
    2,576sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $480,200 Zestimate®
    $186/sqft
    $1,796 Estimated rent

    Home value

    $480,200

    $456,000 - $504,000

    $1,796/mo

    Zestimate® history
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    Owner options

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    $1,796/mo

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    $1,796/mo

    Rent Zestimate®

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    $3,212/mo

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    $3,212/mo

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    What's special

    Historic character

    Live in One Unit, Rent the Other | $3,320/mo Income | Value-Add Opportunity by finishing the third-floor efficiency space. Excellent opportunity to own a fully leased duplex in one of the fastest-growing neighborhoods in Columbus, Ohio. Located just minutes from Franklin Park Conservatory and Botanical Gardens, downtown, and major redevelopment projects. Existing income of $3,320/month with potential to increase revenue by finishing the third-floor efficiency space. This classic up-down duplex in Olde Towne East offers strong rental income, historic character, and long-term appreciation potential. Property Highlights • Duplex (2 units)?• Fully occupied?• Total rent: $3,320/month ($39,840 annually)?• Unit 1: $1,625/month?• Unit 2: $1,695/month?• Spacious units with original character?• Strong rental demand in desirable neighborhood?• Minutes to downtown Columbus Value-Add Opportunity The third floor already includes plumbing rough-in and electrical and could be finished as an efficiency unit or additional living space, offering potential for additional rental income or increased property value. Lease Information Both units are currently leased with reliable long-term tenants: • One lease through March 2027?• One lease through July 2026 Buyers have the flexibility to renew both leases or live in one unit while renting the other.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Features
    • Basement: Finished
    Interior area
    • Total interior livable area: 2,576 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 5,472 Square Feet
    Details
    • Parcel number: 01005069500

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • brick
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Columbus

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $340,000
    • Annual tax amount: $5,454

    Price history

    DateEventPrice
    5/26/2026Listing removed--
    Source: Owner Report a problem
    5/15/2026Price change$459,900-3.2%$179/sqft
    Source: Owner Report a problem
    5/6/2026Listed for sale$474,900-7.7%$184/sqft
    Source: Owner Report a problem
    4/9/2026Listing removed--
    Source: Owner Report a problem
    3/17/2026Listed for sale$514,400-11.3%$200/sqft
    Source: Owner Report a problem
    2/8/2023Listing removed--
    Source: Columbus and Central Ohio Regional MLS #222040871 Report a problem
    11/19/2022Price change$579,900-3.3%$225/sqft
    Source: Columbus and Central Ohio Regional MLS #222040871 Report a problem
    11/3/2022Listed for sale$599,900+26.3%$233/sqft
    Source: Columbus and Central Ohio Regional MLS #222040871 Report a problem
    4/8/2022Sold$475,000+26.7%$184/sqft
    Source: Public Record Report a problem
    3/8/2021Sold$375,000+151.7%$146/sqft
    Source: Public Record Report a problem
    2/19/2014Sold$149,000+56.8%$58/sqft
    Source: Public Record Report a problem
    9/6/2001Sold$95,000$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,454 +1.3%$119,010
    2023$5,386 +49.8%$119,010 +73.8%
    2022$3,594 -0.2%$68,460
    2021$3,601 -0.1%$68,460
    2020$3,606 +7.2%$68,460 +25%
    2019$3,365 +0.2%$54,780
    2018$3,358 $54,780
    2017$3,358 -1.4%$54,780 +7.9%
    2016$3,405 +10%$50,750
    2015$3,095 $50,750
    2014$3,095 +119.4%$50,750 +10%
    2013$1,411 -48.9%$46,130
    2011$2,760 +0.3%$46,130 -4.6%
    2010$2,752 +6.4%$48,335
    2008$2,586 +18.7%$48,335
    2007$2,178 +0.4%--
    2006$2,171 +4.2%--
    2005$2,083 +25.7%--
    2004$1,657 +20.1%--
    2003$1,379 +0.4%--
    2002$1,374 +62.1%--
    2001$847 -0.5%--
    2000$852 --
    Find assessor info on the county website

    Neighborhood: Franklin Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $480,200
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    Estimated market value
    $480,200