1685-1687 Franklin Ave, Columbus, OH, 43205

About This Home

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.