1943 Rea Ave, Franklin, OH, 43223
About This Home
Welcome home to this charming 2-bedroom, 1-bath property that is situated on a large, private double lot, this fully fenced property in the South Western City School district. Inside, you'll find two bedrooms plus a versatile bonus room that can easily serve as a third bedroom, home office, den, playroom, or hobby space to fit your lifestyle. The kitchen comes fully equipped with all appliances and offers lots of cabinet storage. Step outside to your own private backyard retreat featuring a peaceful patio, beautiful pergola, and raised garden beds ready for your favorite flowers, herbs, or vegetables. The detached two-car garage includes a loft for additional storage, providing plenty of room for vehicles, tools, and seasonal items. Whether you're looking for outdoor privacy, or flexible living options, this well-maintained home offers it all in a welcoming setting.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1947
Materials
- Foundation: Block
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Gas Range,Gas Water Heater,Microwave,Refrigerator
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Features
- Window features: Insulated Windows
- Flooring: Laminate,Carpet
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 840
- Total interior livable area: 840 sqft
Property
Details
- Parcel number: 140001463
- Special condition: Standard
Features
- Levels: One
- Patio & porch: Patio,Deck
- Fencing: Fenced
Lot
- Lot size: 0.39 Acres
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $783 | $9,396 |
| Home Insurance * | $101 | $1,212 |
| Property Taxes | $197 | $2,364 |
| Electricity | $193 | $2,320 |
| Total | $1,274 | $15,288 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-15 | Price change | $149,900 |
| 2026-08-01 | Listed for sale | $154,900 |
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