700-710 Franklin Avenue, Columbus, OH 43205 (MLS # 226038790)
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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/12/2026 |
|---|---|---|---|
| YEAR BUILT | 1900 | COUNTY | Franklin |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Yes |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| SEWER | Public Sewer |
| TAXES | 35342 |
| UTILITIES | Natural Gas Available, Water Available, Sewer Available, Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Forge Real Estate Advisors, Daryl Allen Miller
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.