1537-1539 Franklin Avenue, Columbus, OH 43205

Property Description

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.