Franklin Homes under $200,000

Welcome to Franklin, Ohio – a charming city nestled in the heart of Warren County, where small-town warmth meets modern convenience. Known for its friendly community and rich history, Franklin offers residents a delightful blend of suburban living and easy access to urban amenities. With its picturesque parks, vibrant local businesses, and a strong sense of community, it’s no wonder that many families and individuals are choosing to call Franklin home.

One of the most appealing aspects of Franklin is the affordability of housing. For those seeking to invest in their first home or find a cozy retreat without breaking the bank, the market offers a variety of homes priced under $200,000. Whether you’re looking for a quaint bungalow, a charming ranch-style home, or a cozy townhouse, Franklin has options to suit various tastes and needs. These homes often feature spacious yards, inviting interiors, and the potential for personal touches that make them truly your own.

Living in Franklin means enjoying a slower pace while still being just a short drive away from the bustling cities of Dayton and Cincinnati. Residents can take advantage of local parks, community events, and a strong school system that emphasizes education and growth. With its affordable housing options and welcoming atmosphere, Franklin is not just a place to live – it’s a place to thrive. Discover your dream home in this delightful city, where your future is waiting just around the corner!

Newest Franklin Homes under $200,000

$198,500

4 Beds ⋅ 2 Baths ⋅ 1896880 MLS

Storybook Charm Meets Modern Living! This adorable A-frame is a dollhouse you'll fall in love with. From its charming front porch to the darling built-in bookshelves and custom kitchen banquette with added storage, every detail adds to its character. Featuring 4 bedrooms, 2 full baths, and 2 flex rooms this home has been completely renovated from top to bottom. Enjoy the peace of mind of all new HVAC, plumbing, wiring, flooring, kitchen, and bathrooms, plus LVP and new carpet. Be apart of the citys new walkable downtown, with shopping and restaurants just mins away. This little gem is ready for you to unpack, settle in, and make it home! Please rely on your own measurements/ agent owned.

1005 S River Street, Franklin

$179,900

3 Beds ⋅ 2 Baths ⋅ 1896585 MLS

3 bedroom brick ranch, attached garage, dining room, near schools, owner will soon be remodeling bathroom and replacing flooring. Then price will go up.

771 Martha Drive, Franklin

$189,900

4 Beds ⋅ 2 Baths ⋅ 1896535 MLS

Large 4 bedroom, large rooms, new windows, newer HVAC

30 W Second Street, Franklin

$117,000

1 Beds ⋅ 1 Baths ⋅ 1896246 MLS

Under $100,000, great for a single person or investor. Off street parking. Possible 2nd bedroom.

312 Hill Avenue, Franklin

$104,900

3 Beds ⋅ 1 Baths ⋅ 1895964 MLS

Great opportunity to buy this two story home located in Franklin, OH and sitting on a .10 acre lot (40x110) with a detached garage. The interior has approximately 1440 sq. ft. with 3 bedrooms and 1 bathroom.

132 N River Street, Franklin

$149,900

2 Beds ⋅ 1 Baths ⋅ 1893522 MLS

Updated and move in ready. This 2 bedroom, 1 bath home offers recent cosmetic updates including new flooring, paint, lighting, and a refreshed bathroom. Some of the major mechanicals have already been addressed with a new roof, newer furnace and hot water heater. Storage shed included. A great opportunity for an owner occupant or investor

715 South Avenue, Franklin

$194,000

2 Beds ⋅ 2 Baths ⋅ 1892858 MLS

Move-in ready with fresh updates throughout! This 2-bedroom, 2 Full bathrooms home features updated flooring, fresh paint, and new kitchen appliances. The living room offers a woodburning fireplace for added character (seller does not warrant). Step outside to the back deck and enjoy the fenced-in yard overlooking the Franklin Golf Course. A great opportunity with a beautiful backyard view and convenient location!

27 Highridge Court, Franklin

$125,000

2 Beds ⋅ 1 Baths ⋅ 1891745 MLS

Opportunity awaits! This 2-bedroom, 1-bath home offers nicely sized bedrooms, central air, a fenced yard, and carport. Bring your vision and add value with cosmetic updates. Sold As-Is. Buyer to verify all measurements.

44 Walnut Street, Franklin

$159,900

2 Beds ⋅ 1 Baths ⋅ 1891510 MLS

Updated from top to bottom, this move-in ready home offers peace of mind with major improvements throughout, including new HVAC, siding, windows, electrical, flooring, doors, and lighting. The updated kitchen and bathroom complement the extensive improvements inside and out. A turnkey opportunity with all the big-ticket updates already complete.

239 Cedar Street, Franklin

$125,000

3 Beds ⋅ 1 Baths ⋅ 1890496 MLS

Move-in ready 1.5 story home featuring 3 bedrooms and 1 bath. Spacious living room and large eat-in kitchen with stainless steel appliances. First floor primary bedroom and laundry. The second story was just finished adding 2 bedrooms with a mini-split system for heat/cooling. Covered front and back porch along with a fenced backyard and a carport. Unfinished utility basement housing the HVAC and water heater. Immediate Occupancy! Roof is 12 years old and HVAC was new in 2025. Conventional or Cash buyers only.

24 Hudson Avenue, Franklin

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.