Property Description

Charming, move-in ready 2-bedroom, 1-bath home in Franklin featuring abundant natural light, a clean modern aesthetic, and a functional, easy-living layout. The updated kitchen offers stylish cabinetry, modern finishes, and newer appliances, while the refreshed bathroom adds a bright, polished feel. Key improvements include updated electrical and plumbing, providing added peace of mind for the next owner. Bright living spaces and updated flooring create a warm, cohesive flow throughout the home. A full basement offers excellent storage or potential for additional finished living space. Ideal for first-time buyers, downsizers, or investors seeking a well-maintained, turnkey property with strong value and everyday comfort.

616 Lake Avenue | MLS# 952106

This single family home located at 616 Lake Avenue, Franklin, OH 45005 is currently listed for sale with an asking price of $189,900. This property was built in 1950 and has 2 bedrooms and 1 full baths with 780 sq. ft. Lake Avenue is located in the Mackinaw Add subdivision within the Franklin school district. Search Mackinaw Add real estate on 1279summitstreet.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Yes

Cooling: Central

Days on Market: 27

Heating: Forced Air, Natural Gas

Lot Size: 0.17 Acres

Stories: 1.0

Taxes: $2,166

Year Built: 1950

Feature Descriptions

Appliance Features: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator

Basement Features: Full, Unfinished

Exterior: Aluminum

Garage Features: Carport

Lot Dimensions: 50x150

Utilities: City Water, Natural Gas

Room Sizes

Kitchen: 13 X 13 Level - Main

Living Room: 16 X 13 Level - Main

Primary Bedroom: 12 X 12 Level - Main

Bedroom: 12 X 12 Level - Main

Local Schools

School District: Franklin

Market Trends

Warren County Residential Market Trend Graphs

Zip Code 45005

Source: Delta Media Group, Inc.

Demographics

Warren County Demographic Information for 616 Lake Avenue, Franklin, OH 45005

Fips

Fips Code 39165

Population

2020 to 2023 Change up 4.0%

2010 Count 212,693

2020 Count 242,337

2023 Estimate (V2023) 252,148

2020 Estimate (V2023) 242,346

Age Distribution (Years Old)

0 to 4 5.5%

5 to 17 23.5%

18 to 64 55.2%

65 and Older 15.8%

Gender

Male 50.7%

Female 49.3%

Place of Birth

Foreign 8.0%

US 92.0%

Education

High School Graduate, Age 25+ 94.8%

Bachelor's Degree or Higher, Age 25+ 44.7%

Computer and Internet use

Households with a computer 97.0%

Households with a broadband Internet subscription 94.0%

Language

English is Second Language, Age 5+ 9.3%

English is First Language, Age 5+ 90.7%

Veterans

Veterans 12,301

Income

Per Capita Income $49,360

Median Household Income $103,128

People in Poverty 5.5%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 96,489

Households 88,735

Average Household Size 2.66

Owner-Occupied 78.9%

Multi-Family 15.5%

Owner-Occupied Median Value $290,900

Median selected monthly owner costs -with a mortgage $1,857

Median selected monthly owner costs -without a mortgage $671

Median gross rent $1,254

Building Permits

New Private Housing Issued 2023 722

Years at Residence

1 Year or More 87.9%

Less Than 1 Year 12.1%

Business and Employment

Private non-farm Establishments 4,547

Private non-farm Employment 80,085

Private non-farm Employment Growth up 1.2%

Nonemployer Establishments 20,256

Number of Firms 16,128

Business Production

Value of Shipments $4,514,123,000

Wholesale Trade $3,800,320,000

Retail Trade $2,934,129,000

Retail Sales Per Capita $13,461

Accommodation and Food Services $463,168,000

Land

Land Area 401.31 sq. miles

Population Per Square Mile 530

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,162.41 per month $926.52 Principal & Interest $180.50 Property Tax $55.39 Homeowner's Insurance

Change Payment Information

Real estate agents ready to serve you | Browse homes and real estate for sale

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/12/2026. The listing information on this page last changed on 03/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/12/2026 1:50:04 AM EST) or Dayton MLS (last updated Wed 03/11/2026 11:46:33 PM EST) or CBRMLS (last updated Thu 03/12/2026 12:44:45 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Wed 03/11/2026 11:53:31 PM EST) or NKY MLS (last updated Wed 03/11/2026 11:28:27 PM EST) or Wrist MLS (last updated Wed 03/11/2026 11:24:20 PM EST) or Firelands MLS (last updated Wed 03/11/2026 11:12:00 PM EST) or MLS NOW (last updated Thu 03/12/2026 12:17:31 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The Cutler Real Estate® word mark is a registered trademark owned by Cutler and Associates, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility

Sitemap

616 Lake AvenueFranklin, OH 45005