Last Sold Price
5 beds1,667 sqft$20/sqft
771 Derrer Road, Columbus, OH 43204

Description

Great investment opportunity for your buyer! one story duplex that that needs TLC but priced to sell! Long term tenants in place. Close to amenities and highways. SOLD AS IS. 18.5% cap rate on investment.Great investment opportunity for your buyer! one story duplex that that needs TLC but priced to sell! Long term tenants in place. Close to amenities and highways. SOLD AS IS. 18.5% cap rate on investment.
LISTING CLOSED: 04/21/2016 12:00 AM

  1. Listed by Colleen A Welch • Brokerage DRE #2013000808 • New Millennium Realty
    P: (740) 253-1942 C: (740) 253-1942 twelch001@columbus.rr.com

Property Details for 771 Derrer Road

Status
MLS #
216006670
Days on Market
18
Taxes
$2,245 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Duplex
Year Built
1953
Lot Size
0.20 AC / 8,712 SF

Recent comparable sales

Median sold price

$216,900

Avg days on market

27

Sale-to-list ratio

95.5%

[Columbus, OH]

9 comparable properties found

$230,000 | 885-887 Derrer Road, Columbus, OH 43204
1/15
1

$230,000

Sold 07/25/25

5
Bedrooms
Unavailable
Bathrooms
1,667
Square Feet
0.22
Acres
$216,900 | 886 Derrer Road, Columbus, OH 43204
1/28
2

$216,900

Sold 01/13/25

5
Bedrooms
Unavailable
Bathrooms
1,667
Square Feet
0.22
Acres
$207,000 | 3614 Eakin Road, Columbus, OH 43204
1/6
3

$207,000

Sold 04/23/25

5
Bedrooms
Unavailable
Bathrooms
1,673
Square Feet
0.19
Acres
$180,000 | 361 South Harris Avenue, Unit 361, Columbus, OH 43204
1/28
4

$180,000

Sold 05/11/26

5
Bedrooms
Unavailable
Bathrooms
1,890
Square Feet
0.09
Acres
$259,900 | 636 Oak Brook Place, Columbus, OH 43228
1/35
5

$259,900

Sold 12/27/24

5
Bedrooms
Unavailable
Bathrooms
1,872
Square Feet
0.19
Acres
$145,000 | 639 Derrer Road, Columbus, OH 43204
1/2
6

$145,000

Sold 02/10/26

4
Bedrooms
Unavailable
Bathrooms
1,684
Square Feet
0.14
Acres
$265,000 | 3468 Race Street, Columbus, OH 43204
1/24
7

$265,000

Sold 05/22/25

4
Bedrooms
Unavailable
Bathrooms
1,706
Square Feet
0.16
Acres
$245,000 | 3476-3478 Race Street, Columbus, OH 43204
1/28
8

$245,000

Sold 03/28/25

4
Bedrooms
Unavailable
Bathrooms
1,706
Square Feet
0.16
Acres
$140,000 | 3703-3705 Briggs Road, Columbus, OH 43228
1/2
9

$140,000

Sold 04/01/25

4
Bedrooms
Unavailable
Bathrooms
1,568
Square Feet
0.14
Acres

Location

Listing Courtesy of New Millennium Realty

Sold By Frank B. Young, Inc.

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Building Information for 771 Derrer Road

Stories-Residences2Year Built1953Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$354 per month

30 year fixed, 6.55% Interest

Principal and Interest

$167

Property Taxes

$187

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 771 Derrer Road

Summary
Location and General Information
  • Township: Franklin
  • Longitude: -83.090882
  • Latitude: 39.938228
  • Cross Street: Briggs
  • Between Street: Sullivant
Taxes and HOA
  • Parcel Number: 140-004918
  • Tax Year: $2,015.00
  • Tax District: 140
School Information
  • High School District: SOUTH WESTERN CSD 2511 FRA CO.
Parking
  • Off Street Parking Spaces: 1.0
Property
Lot Information
  • Lot Size Square Feet: 8712.0
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size (Front): 70
  • Lot Size (Side): 125
Property and Assessments
  • Year Built: 1953
  • Built Prior to 1978: Yes
Building Features
  • Building Sqft: 1667.0
Multi Family
Multi Family Information
  • Total Number Of Units: 2.0
Income & Expenses
  • Net Operating Income: $6,500
  • Operating Expense: $1,900.00
  • Gross Income: $8,400
Rental
Rent Information
  • 2 Bedroom: 2 Bedroom # of Units: 1.0
  • 3 Bedroom: 3 Bedroom # of Units: 1.0

Property History for 771 Derrer Road

DateEvent & SourcePriceAppreciation
Apr 21, 2016

Sold

Columbus and Central Ohio Regional MLS #216006670

$32,900
Mar 23, 2016

Contract Signed

Columbus and Central Ohio Regional MLS #216006670

Mar 16, 2016

Listed (Active)

Columbus and Central Ohio Regional MLS #216006670

$32,900
DateEvent & SourcePrice
04/21/2016

Sold

Columbus and Central Ohio Regional MLS #216006670

$32,900
03/23/2016

Contract Signed

Columbus and Central Ohio Regional MLS #216006670

03/16/2016

Listed (Active)

Columbus and Central Ohio Regional MLS #216006670

$32,900

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

Schools near 771 Derrer Road

This home is within South-Western City School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
West Franklin Elementary School
PublicK to 4

Franklin Woods Intermediate School
Public5 to 6

Finland Middle School
Public7 to 8

Franklin Heights High School
Public9 to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 771 Derrer Road, Columbus, OH 43204
$32,900
5
1,667
8,712
$145,000
2
1,667
8,811
$145,000
5
1,667
8,712
$57,900
4
1,667
9,583
$35,700
2
1,667
9,678
$35,700
9,583

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Millennium Realty

IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.