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Auction
  • Est. $115,000

    831 Franklin Ave, Lancaster, OH 43130

    2beds
    1,092sqft
    Single Family Residence
    Built in 1979
    5,227.2 Square Feet Lot
    $-- Zestimate®
    $105/sqft
    $-- HOA

    What's special

    Partially finished basementPrivate primary suiteFull basementSmart layoutAmple yard space
    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.
    16 days
    on Zillow
    |
    975
    |
    48
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 28, 2025 at 04:06pm

    Listed by:

    Christy Vogel 740-590-1690,

    Rise Realty,

    Jonathon LeMay 740-503-2936,

    Rise Realty

    Source: Columbus and Central Ohio Regional MLS ,MLS#: 225027888MLS Logo
    Travel times

    Open house

    • Sun, Aug 24

      1:00 PM - 3:00 PM

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bedrooms: 2
    Features
    • Basement: Full
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,092
    • Total interior livable area: 1,092 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, On Street
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Fencing: Fenced
    Lot
    • Size: 5,227.2 Square Feet
    Details
    • Parcel number: 0534028600
    • Special conditions: Auction,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Lancaster

    Financial & listing details

    • Price per square foot: $105/sqft
    • Tax assessed value: $169,500
    • Annual tax amount: $2,203
    • Date on market: 7/26/2025
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