Sold
Last Sold Price
5 beds1,667 sqft
861 Derrer Road, Columbus, OH 43204
Multi FamilyProperty Type
0.23 acresLot Size
1954Year Built
$150/sq ftPrice per sq ft

Description

One side occupied and the second side renter just recently moved out. 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 is renting at $900 and a 3 bedroom unit just became vacant and was getting $1150, with a month-to-month lease 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...One side occupied and the second side renter just recently moved out. 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 is renting at $900 and a 3 bedroom unit just became vacant and was getting $1150, with a month-to-month lease 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. Access to 863 Only. 861 is occupied and will be given access within 48 hours of accepted offer. Call your agent to come take a look!
  • Listed by: David E Barlow 614.778.6616 dbarlow@barlow.com Brokerage DRE #2008000490 • Sell For One Percent
Listing closed: 09/29/2026 12:00 AM • Source: Columbus and Central Ohio Regional MLS, MLS#: 226010200

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Location

Listing Courtesy of Sell For One Percent

Sold By Keller Williams Capital Ptnrs

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$1,593 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,335

Property Taxes

$259

HOA Dues

$0

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Property Information for 861 Derrer Road

Property Details
  • Taxes: $3,105 / year
  • MLS Type: Multi-Family / Duplex
  • Subdivision Name: Rosary
Building Information
  • Residences: 2
  • Year Built: 1954
  • Lot Size: 0.23 AC / 10,018 SF
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
Sep 29, 2026

Sold

Columbus and Central Ohio Regional MLS #226010200

$250,000—
Jul 17, 2026

Contract Out

Columbus and Central Ohio Regional MLS #226010200

—
Jul 16, 2026

Contract Signed

Columbus and Central Ohio Regional MLS #226010200

—
DateEvent & SourcePrice
09/29/2026

Sold

Columbus and Central Ohio Regional MLS #226010200

$250,000
07/17/2026

Contract Out

Columbus and Central Ohio Regional MLS #226010200

—
07/16/2026

Contract Signed

Columbus and Central Ohio Regional MLS #226010200

—

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 861 Derrer Road, Columbus, OH 43204
$250,000
5
–
1,667
10,018
$146,000
5
–
1,667
9,583
$200,000
5
–
1,667
6,969
$42,500
5
1,667
6,969
$200,000
–
2
1,667
7,329
$70,500
4
–
1,667
0

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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