Franklin Homes under $250,000

Welcome to Franklin, Ohio – a charming subdivision that perfectly balances small-town warmth with modern convenience. Nestled in the heart of Warren County, Franklin is a vibrant community known for its friendly atmosphere, excellent schools, and a wealth of recreational opportunities. Whether you’re a first-time homebuyer, looking to downsize, or seeking an investment opportunity, Franklin offers an array of homes that cater to diverse lifestyles and budgets.

One of the standout features of Franklin is its affordability. Here, you can find delightful homes priced under $250,000, making it an ideal choice for those looking to get the most value for their investment. These homes often come with spacious layouts, inviting yards, and the potential for personalization to make them truly your own. Whether you prefer a cozy ranch-style home or a charming two-story, Franklin's real estate market has something for everyone.

In addition to its appealing homes, Franklin boasts a strong sense of community. Residents enjoy access to local parks, walking trails, and community events that foster connections among neighbors. The nearby downtown area offers quaint shops, restaurants, and local businesses, ensuring you have everything you need just a stone's throw away.

With its affordable housing options and welcoming environment, Franklin, Ohio, is more than just a place to live – it’s a place to call home. Explore the possibilities today and discover the charm of this delightful subdivision!

Newest Franklin Homes under $250,000

$174,900

4 Beds ⋅ 3 Baths ⋅ 5244221 MLS

Calling all Investors & Developers! Unique Kent property offering a variety of possibilities in an exceptional location just minutes from Kent State University and Downtown Kent. Situated on approximately 0.46 acres and zoned C-R (Commercial Residential), this property presents an opportunity for renovation, investment, or potential redevelopment. The ranch-style main home offers approximately 2,088 sq. ft. of living space with 3 bedrooms and 1.5 bathrooms. The primary bedroom features its own en-suite half bath. The main level includes a kitchen, dining room, living room with fireplace, and breezeway, while the full basement provides plenty of storage or potential for additional use. Adding to the property's versatility is an in-law suite/apartment above the attached 2-car garage, featuring a kitchen, living room, spacious bedroom, and full bathroom. Whether used for additional living space, rental potential, guest accommodations, or another purpose, this separate living area adds significant flexibility. The property is in poor condition and requires repairs, updates, and renovation, offering an opportunity for someone with vision to bring the property back to life. Conveniently located approximately 2 minutes from Kent State University and Downtown Kent and about 10 minutes from NEOMED, with easy access to SR 43, SR 261, SR 59, I-76, and I-80. Enjoy close proximity to restaurants, bars, breweries, bike trails, shopping, and everything Kent has to offer. Bring your vision and explore the possibilities! Property is being offered in its current condition and is an excellent opportunity for investors, developers, or buyers looking for a property with potential in a highly convenient Kent location.

1700 Holly Drive, Kent

$199,900

4 Beds ⋅ 2 Baths ⋅ 5240625 MLS

Don't let the exterior fool you—this 4-bedroom, 2-bath home is much larger than it looks and could be your next cash cow! Located just minutes from Kent State University and downtown Kent, this property offers excellent rental and investment potential. Previously generating $1,750 per month in rental income - just as a single family home! There is potential for additional income if you finish out the walkout basement into an efficiency! The home features an updated kitchen, newer furnace and hot water heater, plus a full walk-out basement. Live upstairs and offset your mortgage with rental income downstairs, or utilize the entire property as an investment. Conveniently located near campus, shopping, dining and major routes. Tons of space, a great location and plenty of income potential!

1039 Anna Avenue, Kent

$199,900

4 Beds ⋅ 2 Baths ⋅ 5240611 MLS

Don't let the exterior fool you—this home is much larger inside than it looks! Conveniently located just minutes from downtown Kent and Kent State University, this spacious home offers 4 bedrooms, 2 full baths and plenty of flexible living space. The bright, updated kitchen provides a welcoming place to cook and gather, while the newer furnace and hot water heater add peace of mind. A full walk-out basement offers even more possibilities for a recreation room, home office, guest space or additional living area. There may also be potential to create an efficiency apartment for additional income. Close to parks, shopping, restaurants, Kent State University and major commuter routes, this home offers more space and versatility than you might expect!

1039 Anna Avenue, Kent

$210,000

2 Beds ⋅ 1 Baths ⋅ 5207297 MLS

Meticulously maintained and thoughtfully upgraded ranch located in New Franklin City/Coventry School District. Ideally situated just minutes from all that the Portage Lakes area has to offer, including State Park lake system, bars & restaurants, Clock Tower District and nearby public golf course. This home has seen numerous updates, including newer siding, roof, H/E. furnace, central air, an updated 100-amp electrical panel, H/E water tank and plumbing improvements—providing peace of mind for years to come. Vinyl double-hung windows are installed throughout, and the basement features vented glass block windows for added light and security. Inside, you’ll find a welcoming open-concept layout with an eat-in kitchen highlighted by a vaulted wood ceiling, adding warmth and character. The kitchen features a butcher block center island with breakfast bar seating, stainless steel appliances, and a dishwasher for convenience. A mudroom entry off the back porch offers functional everyday living. The spacious living room continues the seamless laminate flooring and provides access to the inviting covered front porch with a durable metal roof—perfect for relaxing. The full bathroom has been tastefully remodeled and includes double vanities for added comfort. The partially finished basement offers two additional rooms, one of which could easily serve as a third bedroom, office, or flex space. Outside, enjoy a fully fenced backyard with low-maintenance vinyl privacy fencing and a covered rear patio ideal for entertaining. Additional features include a detached one-car garage with opener and updated lighting fixtures throughout the home that enhance its charm and appeal. Move-in ready and full of character—this is a must-see!

3771 S Turkeyfoot Road, New Franklin

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