700-710 Franklin Avenue, Columbus, OH 43205 (MLS# 226038790)

700-710 Franklin Avenue, Columbus, OH 43205

New Listing

$2,425,000

Property Type: Multi-Family Status: Active

Current Price: $2,425,000 List Date: 10/12/2026 Last Modified: 10/13/2026

Overview

Description

Fully occupied, 12-unit brick walk-up with 11 detached garage bays in Olde Towne East, minutes from Downtown Columbus. It has undergone significant renovation since 2018, the three-story building offers eleven 2 bed / 2 bath apartments and one 3 bed / 1 bath, with hardwood floors, exposed brick, ceiling fans, and white-cabinet kitchens with stone countertops. Select units add an enclosed sunroom. The property is 100% occupied. In-place rents average $1,870 with a gross monthly income of $22,915. Only 3 of the 11 garage bays are currently leased, which adds a further income opportunity at $150 per bay. With substantial capital improvements, strong in-place cash flow, and additional upside through garage leasing, this property presents an attractive opportunity for investors seeking a stabilized multifamily asset in one of Columbus' most desirable urban neighborhoods.

Listing Details MLS# 226038790

Location Property Info

Original List Price: 2425000
Property Sub Type: Midrise
Street #: 700-710
Street Name: Franklin
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43205
School District: COLUMBUS CSD 2503 FRA CO.
Township: None

OfficeContract Info

MLS Entry Date: 2026-10-12

General Property Info

Number of Units: 12
# of Buildings: Yes
Total Parking: 11
Year Built: 1900
Built Prior to 1978: Yes
Occupancy Rate: 100

Tax Info

Parcel #: 010-036405-00
Addl Parcel Numbers: 010-040702
Tax Year: 2025
Tax Abatement: No
Taxes (Yrly): 35342

2 Bedroom

2 Bedroom # of Units: 11
2 Bedroom Month Rent Per Unit: 1901

3 Bedroom

3 Bedroom # of Units: Yes
3 Bedroom Month Rent Per Unit: 1526

More Information

Auction Info

Auction/Online Bidding Y/N: No

Location & Property Info

City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes
Exchange: No

Remarks & Misc

Property Description: Fully occupied, 12-unit brick walk-up with 11 detached garage bays in Olde Towne East, minutes from Downtown Columbus. It has undergone significant renovation since 2018, the three-story building offers eleven 2 bed / 2 bath apartments and one 3 bed / 1 bath, with hardwood floors, exposed brick, ceiling fans, and white-cabinet kitchens with stone countertops. Select units add an enclosed sunroom. The property is 100% occupied. In-place rents average $1,870 with a gross monthly income of $22,915. Only 3 of the 11 garage bays are currently leased, which adds a further income opportunity at $150 per bay. With substantial capital improvements, strong in-place cash flow, and additional upside through garage leasing, this property presents an attractive opportunity for investors seeking a stabilized multifamily asset in one of Columbus' most desirable urban neighborhoods.

Income/Expenses

Gross Income: 0
Net Operating Income: 0
Total Expenses: 0

Addl Acceptance Cond

None Known: Yes

Construction

Brick: Yes

Heat Fuel

Gas: Yes

Parking Features

Detached Garage: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Services Available

Electricity Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Storm Sewer: Yes
Water Available: Yes

Miscellaneous

Basement: Yes
Garages: Yes
Public Transport: Yes

Tenant Pays

Gas: Yes
Sewer: Yes
Water: Yes
Electricity: Yes

Alternate Uses

Residential: Yes

Heating

Forced Air: Yes

Air Conditioning

Central Air: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: Detached Garage Tenant Pays: Electricity; Gas; Sewer; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Basement; Garages; Public Transport Alternate Uses: Residential MLS Primary PhotoSrc: Realtor Provided

Listing Office: Forge Real Estate Advisors

Listing Agent: Daryl Allen Miller

Last Updated: October - 13 - 2026

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