116 Central Avenue, Athens, OH 45701

Property Description

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.