Homes for sale / Columbus

$399,000 Active

1537-1539 Franklin Avenue, Columbus, OH 43205

  • Built 1900

About this home

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.

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Key facts

Status
Active
Type
Duplex
Days on market
10
County
Franklin
MLS #
226038404
Listing brokerage
Red 1 Realty
Listing agent
Ines Hilaman
Listing brokerage contact
614-585-9020

Systems and utilities

Heating
Forced Air
Cooling
Central Air
Utilities
Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
Water
Public

Taxes and HOA

Tax abatement
Yes
Parcel number
010-026108-00

Schools

District
Columbus CSD

Around it

Free market report

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Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 19, 2026, 6:08 PM.

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1537-1539 Franklin Avenue, Columbus, OH 43205 · 22 photos Book a tour
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