Investment Property: Growth Potential in Franklinton neighborhood?

Question

Hi,

I am an out of state investor and looking to purchase a Duplex for investment in Franklinton neighborhood. However, I am not sure if you think this is a still a good area from investment pov?
I am aware Franklinton had big projects like Gravity 2.0 but I often see mixed reviews about that project and I am not sure if its still a good area?

My investment goal is to hold atleast 4+ years and optimize for price appreciation than Cash flow

Kerlous Tadres · Answer

Hey! Franklinton still has solid potential, especially if you're in it for 4+ years and focused on appreciation. The Gravity projects brought attention and some real momentum, but it's true progress has been uneven. Some areas are seeing major upgrades, while others still feel pretty rough around the edges.

If you buy in the right pocket close to development zones or where new builds are popping up there’s room for growth. Just make sure you really know the block you’re buying on. Price appreciation is still possible here, but it's definitely a block-by-block game.

Jimmy Lieu · Answer

If you're buying and planning to hold for more appreciation, Franklinton is a great neighborhood to invest into. You can still find great deals that hit the 1% rule and positive cash flow AND you get a great mix of appreciation but at the end of the day, it is very pocket to pocket. I have a great neighborhood map resource that I would love to share with you - it goes over the different neighborhoods and locations here in Cbus! Let me know if you have any questions or if I can help in any way!

Nicholas L. · Answer

@Vishal M.

do you have a team there that you know well and are confident in? can you go there in person to supervise the process?

if no... then no, not a good idea

good luck

Investment Property: Growth Potential in Franklinton neighborhood?

Investment Property: Growth Potential in Franklinton neighborhood?

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