218-220 S Yale Avenue, Columbus, OH 43222
$195,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
3,920
Status:
Contingent
Current Price:
$195,000
List Date:
2/20/2026
Last Modified:
2/26/2026
Description
Cash-flowing duplex located in the 43222 Franklinton area with solid in-place income and long-term rental stability. Both units feature a desirable 2-bedroom, 1-bath layout. Unit 218 is leased at $875 through 9/30/2027, and Unit 220 is leased at $850 through 3/31/2026, providing predictable cash flow. A new electric panel was installed in Unit 218 last year, reducing near-term capital needs. The property benefits from proximity to downtown Columbus and ongoing investment throughout the surrounding Franklinton corridor, supporting steady tenant demand and future rent growth. (Photos are old and from 2023)
Supplements: ********
More Information MLS# 226004882
Location & Property Info
List Price/SqFt: 98.48
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 1980
Lot Size (Side): 131
Number of Units: 2
Year Built: 1900
Acreage: 0.09
Tax Info
Tax Abatement: No
Taxes (Yrly): 1315
Parcel #: 010-011817
Tax Year: 2024
Remarks & Misc
Property Description: Cash-flowing duplex located in the 43222 Franklinton area with solid in-place income and long-term rental stability. Both units feature a desirable 2-bedroom, 1-bath layout. Unit 218 is leased at $875 through 9/30/2027, and Unit 220 is leased at $850 through 3/31/2026, providing predictable cash flow. A new electric panel was installed in Unit 218 last year, reducing near-term capital needs. The property benefits from proximity to downtown Columbus and ongoing investment throughout the surrounding Franklinton corridor, supporting steady tenant demand and future rent growth. (Photos are old and from 2023)
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 2
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Print Without Photo: 1
Location Property Info
Original List Price: 195000
List Price: $195,000
Property Sub Type: Duplex
Street #: 218-220
Street PreDirection: S
Street Name: Yale
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43222
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Contingent
MLS Entry Date: 2026-02-20
Property Features
Addl Acceptance Cond: None Known
MLS Primary PhotoSrc: Print Without Photo
Listing Office:
Reafco
Listing Agent:
Remington Lyman
Last Updated: February – 26 – 2026
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