Top unit now rented!!! The top unit is rented on a 12-month lease at $1,886 CMHA. This duplex is located JUST South of Franklin Park & Conservatory and the newly opened East Market. Massive living space of over 1,700 square feet per unit with an oversized two-car garage in the back. One unit offers two bedrooms and two bathrooms that can be easily converted to a three-bedroom/two-bathroom unit, while the other unit offers four bedrooms and two bathrooms. Both units have recently been turned and are currently vacant. A few of the many updates include new ACs, new stainless steel appliances, new LVP throughout, fresh paint, new light fixtures/outlets, the list goes on! Don't miss this rare investment opportunity.
Property Details
Property Features
Property Information:
Year Built: 1900
Listing Office:
Office Name: Reafco
Listing Agent: Zeke Liston
Exterior Features
Parking Information:
Parking: 2 Car Garage
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Natural Gas
School Info
Assigned Schools Information:
East High School, Public District Grades 9-12
Champion Middle School, Public District Grades 6-8
Ohio Avenue Elementary School, Public District Grades KG-5
Price Information
Listing Price Info
Price Summary:
List Price: $407,500
Tax Information:
Annual Amount: $2,403
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Columbus, OH.
This property is $127.8K more than the Median Sold Price in Columbus, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #224005794
Listing Office:
Office Name: Reafco
Listing Agent: Zeke Liston
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,101
Per Month
Principal & Interest
$2,034
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,288
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Ohio Avenue Elementary School
505 S Ohio Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-5
Middle School
4
/10
Champion Middle School
284 N 22nd St
Distance between this listing and this school0.99 miles
Public District Grades 6-8
High School
3
/10
East High School
1500 E Broad St
Distance between this listing and this school0.47 miles
Public District Grades 9-12
Assigned Schools
3
/10
Ohio Avenue Elementary School
505 S Ohio Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-5
Nearby Schools
4
/10
Fairwood Elementary School
726 Fairwood Ave
Distance between this listing and this school0.66 miles
Public District Grades PK-5
2
/10
Eastgate Elementary School
1925 Stratford Way
Distance between this listing and this school1.05 miles
Public District Grades PK-5
Assigned Schools
4
/10
Champion Middle School
284 N 22nd St
Distance between this listing and this school0.99 miles
Public District Grades 6-8
Nearby Schools
6
/10
Columbus Collegiate Academy
1469 E Main St
Distance between this listing and this school0.31 miles
Public Charter Grades 6-8
6
/10
Columbus City Preparatory School For Girls
1390 Bryden Rd
Distance between this listing and this school0.32 miles
Public District Grades 6-8
Assigned Schools
3
/10
East High School
1500 E Broad St
Distance between this listing and this school0.47 miles
Public District Grades 9-12
Nearby Schools
2
/10
Road To Success Academy
1555 Bryden Rd
Distance between this listing and this school0.09 miles
Public Charter Grades 9-12
2
/10
The Academy For Urban Scholars
1808 E Broad St
Distance between this listing and this school0.54 miles
The neighbors living near this home have an average income of $21,642. Residents of Columbus, OH typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 1581 Franklin Ave in Columbus, OH and zip code 43205 in the Franklin Park neighborhood. This home, which was built in 1900, sits on a 0.11 acre lot. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $407,500.
Over 472 listings were sold over their listed price in April 2024 in Columbus, OH. In the same period over 291 listings were sold below the listed price and 202 listings were sold for the listed price. Between March 2024 and April 2024, Columbus, OH real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in April 2024 was $279,675, while the average time on the real estate market was 20 days.
From Rocket Homes Real Estate and based on county public records data.