384-386 Powell Road

Powell, OH 43065

$345,000
Last Sold Price
2
Beds
—
Baths
2,400 Sq. Ft.
$144 / Sq. Ft.
2,400
Sq. Ft.
$144
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/19/19
Closed 11/19/19

Description

Rare investment opportunity in Powell! Completely updated DUPLEX in Olentangy schools. One side is leased for $1,350/mth (3 yr. lease with annual increases). The other unit is move-in ready and completely updated that is perfect for an owner occupant or investor. Each side has 2 large bedrooms, 1.5 bathrooms, upgraded kitchens, finished basements, attached garages, and concrete patios. No association fees. Tenants pay all utilities and maintain their yard. New investors - this is perfect for you!...Rare investment opportunity in Powell! Completely updated DUPLEX in Olentangy schools. One side is leased for $1,350/mth (3 yr. lease with annual increases). The other unit is move-in ready and completely updated that is perfect for an owner occupant or investor. Each side has 2 large bedrooms, 1.5 bathrooms, upgraded kitchens, finished basements, attached garages, and concrete patios. No association fees. Tenants pay all utilities and maintain their yard. New investors - this is perfect for you! Newer tenant with 3 yr. lease with annual increases to provide stability in your investment. Importnant components of the house have been replaced to minimize maintenance obligations. New HVAC, windows, flooring, etc. Owner is licensed sales agent in Ohio. See A2A remarks for list of improvements
  1. Listed by Jacob C Eganhouse • Brokerage DRE #2010002856 • Best Homes Real Estate Ltd.
    P: (614)-390-6473 C: (614)-390-6473 eganhousejacob@gmail.com

Amenities

  • Attached Garage
  • Basement
  • Central AC
  • Common Parking
  • Electricity Included
  • Forced Air
  • Garage
LISTING UPDATED: 02/03/2025 10:17 PM

Property Details for 384-386 Powell Road

StatusClosed
MLS #219040427
Days on Market10
Taxes$6,098 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1984
Lot Size0.34 AC / 14,810 SF
CountyDelaware County
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Location

Listing Courtesy of Best Homes Real Estate Ltd.

Sold By Best Homes Real Estate Ltd.; NextHome Experience

Add your commute

Building Information for 384-386 Powell Road

Stories-Residences2Year Built1984Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

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$2,227 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,719

Property Taxes

$508

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 384-386 Powell Road

Summary
Location and General Information
  • Township: Orange
  • Longitude: -83.026666
  • Latitude: 40.157512
  • Cross Street: Heather Lane
  • Between Street: Green Meadows Dr W
  • Near Interchange: Rt 23
Taxes and HOA
  • Parcel Number: 318-324-02-051-000
  • Tax Year: 2018
  • Tax District: 27
  • Tax Incentive: No
  • Tax Abatement: No
School Information
  • High School District: OLENTANGY LSD 2104 DEL CO.
Parking
  • Parking Total: 8.0
  • Off Street Parking Spaces: 1.0
  • Parking Features: 2 Car Garage, Attached Garage, Garage Door Opener, Shared Driveway, Common
Distance To
  • Distance To Intersection: 0.5
Property
Lot Information
  • Lot Size Square Feet: 14810.4
  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
Property and Assessments
  • Year Built: 1984
  • Built Prior to 1978: No
  • Use Code: 520 - 2-FAM DWELL:PLATTED LOT
  • Miscellaneous: Basement, Fireplace, Garages, W/D Hookups
Building Features
  • Construction Materials: Brick, Vinyl Siding
  • # of Buildings: 1.0
  • Building Sqft: 2400.0
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Heat Fuel: Gas
Multi Family
Multi Family Information
  • Total Number Of Units: 2
  • Occupancy Rate: 50.00%
Income & Expenses
  • Net Operating Income: $16,200
  • Gross Income: $16,200
Rental
Rent Information
  • 2 Bedroom: 2 Bedroom # of Units: 1
  • 2 Bedroom: 2 Bedroom Month Rent Per Unit: $1,365.00
  • Other # of Units: 1
  • Other Month Rent Per Unit: $1,450.00
Tenant Information
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Property History for 384-386 Powell Road

DateEvent & SourcePriceAppreciation
Nov 19, 2019

Sold

Columbus and Central Ohio Regional MLS #219040427

$345,000—
Nov 8, 2019

Contract Signed

Columbus and Central Ohio Regional MLS #219040427

—
Nov 6, 2019

Listed (Active)

Columbus and Central Ohio Regional MLS #219040427

$349,900—
DateEvent & SourcePrice
11/19/2019

Sold

Columbus and Central Ohio Regional MLS #219040427

$345,000
11/08/2019

Contract Signed

Columbus and Central Ohio Regional MLS #219040427

—
11/06/2019

Listed (Active)

Columbus and Central Ohio Regional MLS #219040427

$349,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 384-386 Powell Road

This home is within Olentangy Local School District.
Rating
School
Type
Grades
Distance
Heritage Elementary School
Public - PK to 5
Olentangy Shanahan Middle School
Public - 6 to 8
Olentangy High School
Public - 9 to 12
Shale Meadows Elementary School
Public - PK to 5
Rating
School
Distance
Heritage Elementary School
PublicPK to 5

Olentangy Shanahan Middle School
Public6 to 8

Olentangy High School
Public9 to 12

Shale Meadows Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Best Homes Real Estate Ltd.

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