Lancaster, OH 43130,831 Franklin Avenue
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Lancaster, OH 43130,831 Franklin Avenue
Lancaster, OH 43130,831 Franklin Avenue
Lancaster, OH 43130,831 Franklin Avenue
Lancaster, OH 43130,831 Franklin Avenue
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$ 115,000
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831 Franklin Avenue Lancaster, OH 43130

2 Beds

2.5 Baths

1,092 SqFt


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Sun Aug 24, 1:00pm - 3:00pm

UPDATED:

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

HOA Y/N No

Year Built 1979

Annual Tax Amount $2,203

Lot Size 5,227 Sqft

Lot Dimensions 0.12

Property Sub-Type Single Family Residence

Source Columbus and Central Ohio Regional MLS

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

Basement Full

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

Total Parking Spaces 2

Garage Yes

Schools

High Schools Lancaster Csd 2305 Fai Co.

School District Lancaster Csd 2305 Fai Co.

Others

Tax ID 05-34028-600


Listed by Christy Vogel Rise Realty
agent

Lee Ritchie

+1(614) 595-0732

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831 Franklin Avenue