205 S Princeton Avenue
Columbus, OH, 43223 $ 199,000
Bedrooms3 Baths2.0 Sq 1,424 Monthly Estimate*
$ 1,225
for $199,000 with 3 bedrooms and 2 full baths. This 1,424 square foot home was built in 1914 on a lot size of 0.09.
HUGE PRICE DROP & TAX ABATEMENT APPROVED! An incredible opportunity in Franklinton just got even better with a major price reduction. Whether you're seeking a smart investment or a future home to make your own, this property offers outstanding value, with room to add equity by addressing a few remaining fixes. The home has been freshly cleaned and can be move‑in ready. The most recent tenants loved the home and the location, and they paid $1,600/month, highlighting the strong rental appeal and desirability of the area. Renovated in 2020, the home features 3 bedrooms, 2 full baths, and a modern layout. The first floor includes large, bright living & dining areas, and first‑floor laundry area. The kitchen is equipped with granite countertops & stainless-steel appliances. Both bathrooms have been updated, and the home carries a clean, neutral color palette throughout. There is also tons of additional storage space available in the large unfinished basement. Major improvements from the 2020 renovation include a new roof, updated windows (with glass block in the basement), refreshed mechanicals, and exterior paint. Outdoor spaces include a welcoming front porch, a back deck with new railings, and a fully fenced yard that can be used for off-street parking. Major improvements from the 2020 renovation include a new roof, updated windows (with glass block in the basement), and a new furnace & hot water heater. Located in the heart of Franklinton, you're minutes from Downtown Columbus, Land‑Grant Brewing, COSI, and quick access to I‑70. With its approved tax abatement, modern updates, strong rental history, and the opportunity to build additional value, 205 S Princeton stands out as a smart buy in one of Columbus's fastest‑growing neighborhoods.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Garage Spaces 0.0
Architectural Style Traditional
Year Built 1914
Township None
Property Subtype Single Family Residence
Tax Year 2024
County Franklin
New Construction N
Property Type Residential
Association Amenities Sidewalk
HOA N
Attached Garage N
Garage Y/N N
Full Baths 2
Status Active
City Columbus
High School District COLUMBUS CSD 2503 FRA CO.
Lot Size Square Feet 3920.4
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2827.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Financing FHA True
New Financing Coventional True
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InteriorBasement Full
Flooring Wood Carpet Ceramic/Porcelain Vinyl
Fireplace Features One Decorative
Common Walls No Common Walls
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 0
Total Baths 2
Heating-Forced Air True
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ExteriorParking Features Assigned
Water Source Public
Lot Size Area 0.09
Foundation Details Block
Spa N
Building Area Total 1424.0
Lot Size Acres 0.09
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList Byamy@amyvegarealtor.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,225
- Monthly Property Taxes
- $236
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Columbus, OH
Average List Price $346,468
Percent of Sale Price 74%
About Columbus, OH 870,251 Population
22% Since 2002
$ 49,542 Median Income
34.9 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
1421409 Elementary School
1421044 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/8/2026 | $199,000 | -2.93% | Price Down |
| 10/3/2025 | $205,000 | | Listed Price |