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Duplex with Private Entrances
New
For Sale
$399,000

1537-1539 Franklin Avenue, Columbus, OH 43205

Multi-Family, Columbus, OH

Property SizeContact for details
Days on Market7

Property Features for 1537-1539 Franklin Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Rooms Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
Elementary school district COLUMBUS CSD 2503 FRA CO.
Middle school district COLUMBUS CSD 2503 FRA CO.
High school district COLUMBUS CSD 2503 FRA CO.
Standard status Active
APN 010-026108-00

Utilities

Utilities Water Available
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

second-floor laundry
fenced backyard

Building Details

Year built 1900
Number of units 2
Listing Agency: Red 1 Realty
Listed By: Ines Hilaman
Added: Oct 9 Changed: Oct 15 Last Checked: Oct 15 at 5:06AM
MLS# 226038404

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex was renovated in 2015 and dates to 1900. Both apartments offer two bedrooms, one bathroom, laundry on the second floor, and a separate entrance. Forced-air heat and central air conditioning serve the property. The units are leased through mid-2027.

The property is on Franklin Avenue in Columbus, near Franklin Park and the Franklin Park Conservatory. The Trolley District, including East Market and the Columbus Brewing Company Beer Hall, is also nearby, with downtown Columbus a short drive away.

The fenced backyard is on R3-zoned land, with potential for an accessory dwelling unit. Water is available, and the property has a public water source.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bath
  • Separate entrance and second‑floor laundry for each unit
  • Both units leased through mid‑2027

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage HVAC Service Furniture & Home Goods Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby

Demographics for 43205, OH

12,044
Population
7,303
Households
1.6
Avg Household Size
35
Median Age
41%
College-Educated
89%
High-School Grad
2.4 sq mi
ZIP Area
5,018
Density / Sq Mi
$54,214
Median Household Income
$41,219
Median Earnings
$1,050
Median Rent
$290,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, one bath, and second-floor laundry.
Where is this duplex located?
The property is located at 1537-1539 Franklin Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bath; Separate entrance and second‑floor laundry for each unit; Both units leased through mid‑2027
More about this property
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