831 Franklin Avenue Open House Save Request In-Person Tour Request Virtual Tour
Lancaster,OH 43130
OPEN HOUSE
Sun Aug 24, 1:00pm - 3:00pm
Key Details
Property Type Single Family Home, Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,092 sqft
Price per Sqft $105
MLS Listing ID 225027888
Style Ranch
Bedrooms 2
Full Baths 2
Year Built 1979
Annual Tax Amount $2,203
Lot Size 5,227 Sqft
Property Sub-Type Single Family Residence
Property Description
Minimum Bid Auction 8/30/2025 at 10:00AM. Minimum Bid ONLY $115,000. Here's a prime investment opportunity with built-in appeal and expansion potential. This single-story 2-bedroom, 2.5-bath home features a smart layout, a full basement, and a detached 2-car garage—making it an ideal candidate for rental income, resale, or a fix-and-hold strategy.
The home includes a private primary suite with its own full bathroom, a second spacious bedroom, and an additional full bath conveniently located off the hallway—perfect for shared living or tenant flexibility. Downstairs, a partially finished basement includes a half bath and adds significant square footage that could be transformed into a recreation room, home office, or even additional bedroom space (with proper egress).
The detached 2-car garage and ample yard space offer further upside for tenants or future buyers.
Investment Highlights:
2 bedrooms / 2.5 baths
Primary suite with en-suite full bath
Full hallway bath + basement half bath
Full basement with finishing potential
Detached 2-car garage
Strong rental and resale potential in a desirable area
Whether you're looking for your next flip, a cash-flowing rental, or a property with long-term appreciation potential, this one checks all the boxes.
Price Reflects starting Auction Bid.
Location
State OH
County Fairfield
Area 0.12
Rooms
Other Rooms 1st Floor Primary Suite, Rec Rm/Bsmt
Dining Room No
Interior
Equipment Yes
Laundry 1st Floor Laundry
Exterior
Parking Features Detached Garage,On Street
Garage Spaces 2.0
Garage Description 2.0
Schools
High Schools Lancaster Csd 2305 Fai Co.
School District Lancaster Csd 2305 Fai Co.