116 S Frey Avenue, West Jefferson, OH 43162
New Listing
$209,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$209,000
List Date:
3/01/2026
Last Modified:
3/03/2026
Description
Located in the heart of West Jefferson, 116 S Frey Ave is a well-maintained duplex offering immediate income and strong investment potential. This two-family property features two spacious 2-bedroom, 1 bathroom units, both currently rented, making it a turnkey addition to any portfolio. Tenants pay all utilities, handle lawn maintenance, and supply their own appliances-helping keep owner expenses low. Numerous updates add value and peace of mind. The lower unit includes a hot water tank (2021), furnace (2022), electric breaker panel (2024), updated kitchen cabinets (2025), and a new bathroom vanity and toilet. The upper unit features a furnace (2022), electric breaker panel (2024), new A/C (2024), hot water heater (2025), and new kitchen flooring (2025). Some hardwood floors add character throughout the home. The basement offers two separate washer and dryer hookups for added tenant convenience. Ideally situated with convenient access to I-70 and US-40, the property provides an easy commute to Columbus and surrounding areas. Tenants enjoy close proximity to local dining, small businesses, parks, and community amenities–supporting continued rental demand in this growing market. Additional opportunity: The seller also has three other duplexes currently listed, presenting a rare chance to expand your portfolio with multiple income-producing properties in the same area. A solid, income-producing asset with long-term upside potential.
Supplements: ********
More Information MLS# 226005757
Location & Property Info
List Price/SqFt: 117.28
City (Mailing Addr): West Jefferson
Corp LimitPerAuditor: West Jefferson
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 1782
Lot Size (Side): 140
Number of Units: 2
Year Built: 1964
Acreage: 0.16
Tax Info
Tax Abatement: No
Taxes (Yrly): 3128
Parcel #: 10-01520.000
Tax Year: 2024
Remarks & Misc
Property Description: Located in the heart of West Jefferson, 116 S Frey Ave is a well-maintained duplex offering immediate income and strong investment potential. This two-family property features two spacious 2-bedroom, 1 bathroom units, both currently rented, making it a turnkey addition to any portfolio. Tenants pay all utilities, handle lawn maintenance, and supply their own appliances-helping keep owner expenses low. Numerous updates add value and peace of mind. The lower unit includes a hot water tank (2021), furnace (2022), electric breaker panel (2024), updated kitchen cabinets (2025), and a new bathroom vanity and toilet. The upper unit features a furnace (2022), electric breaker panel (2024), new A/C (2024), hot water heater (2025), and new kitchen flooring (2025). Some hardwood floors add character throughout the home. The basement offers two separate washer and dryer hookups for added tenant convenience. Ideally situated with convenient access to I-70 and US-40, the property provides an easy commute to Columbus and surrounding areas. Tenants enjoy close proximity to local dining, small businesses, parks, and community amenities–supporting continued rental demand in this growing market. Additional opportunity: The seller also has three other duplexes currently listed, presenting a rare chance to expand your portfolio with multiple income-producing properties in the same area. A solid, income-producing asset with long-term upside potential.
Income/Expenses
Gross Income: 16566.74
Net Operating Income: 4920.04
Total Expenses: 11646.7
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 2
Construction
Brick: 1
Heat Fuel
Gas: 1
Parking Features
Shared Driveway: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Miscellaneous
Basement: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Air Conditioning
Central Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 209000
List Price: $209,000
Property Sub Type: Duplex
Street #: 116
Street PreDirection: S
Street Name: Frey
Street Suffix: Avenue
County: Madison
State: OH
Zip Code: 43162
School District: JEFFERSON LSD 4901 MAD CO.
Township: Jefferson
OfficeContract Info
Status: Active
MLS Entry Date: 2026-03-01
Property Features
Addl Acceptance Cond: None Known
Parking Features: Shared Driveway
Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Heat Fuel: Gas
Air Conditioning: Central Air
Construction: Brick
Water Source: Public
Sewer: Public Sewer
Miscellaneous: Basement; W/D Hookups
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Keller Williams Capital Ptnrs
Listing Agent:
Anita Graves
Last Updated: March – 03 – 2026
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