861 Derrer Road

—
Baths
1,667 Sq. Ft.
$164 / Sq. Ft.
1,667
Sq. Ft.
$164
per Sq. Ft.

Description

Fully occupied and quietly working for you, this west side Columbus duplex is the kind of opportunity investors wait for. Picture steady cash flow from day one with a 2 bedroom unit renting at $900 and a 3 bedroom at $1150, both on month-to-month terms that give you flexibility and control. Step inside the fully remodeled 2 bedroom and you will find fresh flooring, updated kitchen with new cabinets and appliances, and a clean, modern bath. The 3 bedroom offers reliable income with a long-term tenant...Fully occupied and quietly working for you, this west side Columbus duplex is the kind of opportunity investors wait for. Picture steady cash flow from day one with a 2 bedroom unit renting at $900 and a 3 bedroom at $1150, both on month-to-month terms that give you flexibility and control. Step inside the fully remodeled 2 bedroom and you will find fresh flooring, updated kitchen with new cabinets and appliances, and a clean, modern bath. The 3 bedroom offers reliable income with a long-term tenant and select window updates already in place. Both units feature central air, spacious living rooms, and functional layouts tenants love. Outside, enjoy off street parking, a private backyard, and storage sheds that add everyday convenience. Tenants cover all utilities, including water, sewer, and trash, keeping your expenses low. This ranch style duplex delivers strong returns and simple management. Secure it before someone else does.
  1. Listed by David E Barlow • Brokerage DRE #2008000490 • Sell For One Percent
    P: (614)-778-6616 C: (614)-778-6616 dbarlow@barlow.com

Property Details for 861 Derrer Road

Subdivision Name
Rosary
LISTING UPDATED: 06/11/2026 08:21 PM

Property Details for 861 Derrer Road

StatusActive
MLS #226010200
Days on Market71
Taxes$3,105 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1954
Lot Size0.23 AC / 10,018 SF
CountyFranklin County

Location

Listing Courtesy of Sell For One Percent
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Building Information for 861 Derrer Road

Stories-Residences2Year Built1954Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$1,619 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,360

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 861 Derrer Road

Summary
Location and General Information
  • Township: Franklin
  • Longitude: -83.091302
  • Latitude: 39.936279
  • Cross Street: Vanderburg
  • Between Street: Glorious
Taxes and HOA
  • Parcel Number: 140-004928
  • Tax Year: $2,024.00
  • Tax District: 140
  • Tax Abatement: No
School Information
  • High School District: SOUTH WESTERN CSD 2511 FRA CO.
Parking
  • Parking Features: 2 Off Street
Property
Lot Information
  • Lot Size Square Feet: 10018.8
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size (Front): 78
  • Lot Size (Side): 125
Property and Assessments
  • Year Built: 1954
  • Built Prior to 1978: Yes
Building Features
  • Construction Materials: Vinyl Siding
  • Building Sqft: 1667.0
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Heat Fuel: Electric
Multi Family
Multi Family Information
  • Total Number Of Units: 2.0
Income & Expenses
  • Net Operating Income: $15,785
  • Operating Expense: $6,355.00
  • Gross Income: $24,600
  • Real Estate Taxes: $3,105
Rental
Rent Information
  • 2 Bedroom: 2 Bedroom # of Units: 1.0
  • 3 Bedroom: 3 Bedroom # of Units: 1.0
Tenant Information
  • Tenant Pays: Electricity, Gas, Water

Property History for 861 Derrer Road

DateEvent & SourcePriceAppreciation
Jun 11, 2026

Price Change

Columbus and Central Ohio Regional MLS #226010200

$273,000—
May 2, 2026

Price Change

Columbus and Central Ohio Regional MLS #226010200

$274,000—
Apr 3, 2026

Listed (Active)

Columbus and Central Ohio Regional MLS #226010200

$275,000—
DateEvent & SourcePrice
06/11/2026

Price Change

Columbus and Central Ohio Regional MLS #226010200

$273,000
05/02/2026

Price Change

Columbus and Central Ohio Regional MLS #226010200

$274,000
04/03/2026

Listed (Active)

Columbus and Central Ohio Regional MLS #226010200

$275,000

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

Schools near 861 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.

Similar Homes

861 Derrer Road is a multi-family home for sale in Columbus, OH 43204. This property was listed for sale on April 3, 2026 by Sell For One Percent, it's currently listed at $273,000. It has been on the market for a total of 71 days and was last sold on June 20, 2016. This listing's school district is South-Western City School District. Nearby schools include West Franklin Elementary School, Franklin Woods Intermediate School and Finland Middle School. 861 Derrer Road is a 5-bed, 0-bath, 1,667 sqft multi-family home built in 1954.

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 Sell For One Percent

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