4 Beds

n/a Full bath

2,240SqFt

Active

Duplex in the heart of Athens and OU. Excellent investment opportunity! This well-maintained duplex offers immediate and future income potential. Recent major upgrades include a new metal roof (2025), vinyl siding, and newer replacement windows installed in recent years. One unit features a new hot water tank (2025). Unit 118 is currently rented through June 2026, providing stable cash flow, while the second unit is vacant-ideal for value-add potential or owner occupancy. Minor cosmetic updates are needed, including flooring replacement and stair carpeting, offering an opportunity to increase rental value. Property is currently zoned as an owner-occupied rental; buyers may pursue a variance with the city for full rental use. All appliances convey with the sale. Each unit includes a spacious landing at the top of the stairs, which could potentially be utilized as an additional bedroom or flex space. The property also features a large backyard shed, perfect for conversion into a studio, workshop, or additional income-producing space. Strong upside potential-don't miss this opportunity to add a solid asset to your portfolio.

Property Details
Price $195,000
Bedrooms 4
Full Baths 0
Half Baths 0
Lot Size Area 6098.4
Lot Size Area Units Square Feet
Acres 0.14
Property Type MultiFamily
MLS Sub type Multi Family
Stories 0
Features Ceiling Fan(s), Laminate Counters
Year Built 1900
Roof Metal
Heating Floor Furnace-Gas
Foundation Brick/Mortar
Laundry Features Washer Hookup
Association Fee 0
Geographic Data
County Athens
Latitude 39.3373617
Longitude -82.1107952
Address Information
Address 116 Central Ave, Athens, OH 45701
Postal Code 45701
City Athens
State OH
Country United States
Listing Information
Listing Office Howard Hanna Real Estate Services
Listing Agent Sherri McDonald
MLS Information
MLS Status Active
Listing Last Modified Jan 9, 2026
Tax ID A028040006000
Tax Annual Amount 3354
MLS # 2434364

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This information is believed to be accurate, but without any warranty. Last Update: 2026-01-11T16:17:03.917094Z


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