Last Sold Price
5 beds1,667 sqft$120/sqft
869-871 Derrer Road, Columbus, OH 43204

Description

Welcome to 869-871 Derrer Road, this 2 unit duplex is a cash positive investment. 869 side features 3 bedrooms and 1 full bath, updated flooring, new furnace, new roof, carpet and more. 871 side features 2 bedrooms and 1 full bath with updated paint and carpet. Both sides are fully rented with strong tenants.Welcome to 869-871 Derrer Road, this 2 unit duplex is a cash positive investment. 869 side features 3 bedrooms and 1 full bath, updated flooring, new furnace, new roof, carpet and more. 871 side features 2 bedrooms and 1 full bath with updated paint and carpet. Both sides are fully rented with strong tenants.
LISTING CLOSED: 06/30/2023 12:00 AM

  1. Listed by Greg L Waite • Cutler Real Estate
    P: (614) 339-4664 jcamp@cutlerhomes.com
  2. Listed by Vicki Russell • Cutler Real Estate
    P: (614) 339-4664 jcamp@cutlerhomes.com

Property Details for 869-871 Derrer Road

Status
MLS #
223017769
Days on Market
1
Taxes
$2,296 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Duplex
Year Built
1954
Lot Size
0.16 AC / 6,969 SF

Recent comparable sales

Median sold price

$210,000

Avg days on market

20

Sale-to-list ratio

97.7%

Columbus, OH

9 comparable properties found

$216,900 | 886 Derrer Road, Columbus, OH 43204
1/28
1

$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
2

$207,000

Sold 04/23/25

5
Bedrooms
Unavailable
Bathrooms
1,673
Square Feet
0.19
Acres
$230,000 | 885-887 Derrer Road, Columbus, OH 43204
1/15
3

$230,000

Sold 07/25/25

5
Bedrooms
Unavailable
Bathrooms
1,667
Square Feet
0.22
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
$176,500 | 3721 Briggs Road, Columbus, OH 43228
1/45
6

$176,500

Sold 02/27/26

4
Bedrooms
Unavailable
Bathrooms
1,568
Square Feet
0.13
Acres
$221,000 | 970 Salisbury Road, Columbus, OH 43204
1/14
7

$221,000

Sold 09/23/25

4
Bedrooms
Unavailable
Bathrooms
1,792
Square Feet
0.2
Acres
$192,000 | 3300-3302 Sullivant Avenue, Columbus, OH 43204
1/21
8

$192,000

Sold 02/11/26

4
Bedrooms
Unavailable
Bathrooms
1,848
Square Feet
0.13
Acres
$210,000 | 962-964 Salisbury Road, Columbus, OH 43204
1/16
9

$210,000

Sold 07/02/26

4
Bedrooms
Unavailable
Bathrooms
1,792
Square Feet
0.2
Acres

Amenities

  • Forced Air

Location

Listing Courtesy of Cutler Real Estate

Sold By Reafco

Add your commute

Building Information for 869-871 Derrer Road

Stories-Residences2Year Built1954Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$1,208 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,017

Property Taxes

$191

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 869-871 Derrer Road

Summary
Location and General Information
  • Township: Franklin
  • Longitude: -83.091334
  • Latitude: 39.936094
  • Cross Street: Demorest
  • Between Street: Gorgeous
  • Near Interchange: Demorest & Briggs
Taxes and HOA
  • Parcel Number: 140-004929
  • Tax Year: $2,022.00
  • Tax District: 140
  • Tax Abatement: No
School Information
  • High School District: SOUTH WESTERN CSD 2511 FRA CO.
Parking
  • Parking Total: 4.0
  • Parking Features: Shared Driveway
Distance To
  • Distance To Intersection: 0.01
Property
Lot Information
  • Lot Size Square Feet: 6969.6
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size (Front): 57
  • Lot Size (Side): 125
Property and Assessments
  • Year Built: 1954
  • Year Built Effective: 2019
  • Built Prior to 1978: Yes
  • Miscellaneous: Public Transport, W/D Hookups
Building Features
  • Construction Materials: Vinyl Siding
  • Building Sqft: 1667.0
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Forced Air
  • Heat Fuel: Gas
Multi Family
Multi Family Information
  • Total Number Of Units: 2.0
  • Occupancy Rate: 100.00%
Income & Expenses
  • Net Operating Income: $2,000
  • Operating Expense: $100.00
  • Gross Income: $2,100
  • Gross Scheduled Income: $23,400
  • Real Estate Taxes: $2,152
Rental
Rent Information
  • Owner Pays: Sewer, Trash Collection, Water
  • 2 Bedroom: 2 Bedroom # of Units: 1.0
  • 2 Bedroom: 2 Bedroom Month Rent Per Unit: $950.00
  • 3 Bedroom: 3 Bedroom # of Units: 1.0
  • 3 Bedroom: 3 Bedroom Month Rent Per Unit: $1,100.00
Tenant Information
  • Tenant Pays: Electricity, Gas

Property History for 869-871 Derrer Road

DateEvent & SourcePriceAppreciation
Jun 30, 2023

Sold

Columbus and Central Ohio Regional MLS #223017769

$200,000
Jun 12, 2023

Contract Signed

Columbus and Central Ohio Regional MLS #223017769

Jun 12, 2023

Listed (Active)

Columbus and Central Ohio Regional MLS #223017769

$200,000
DateEvent & SourcePrice
06/30/2023

Sold

Columbus and Central Ohio Regional MLS #223017769

$200,000
06/12/2023

Contract Signed

Columbus and Central Ohio Regional MLS #223017769

06/12/2023

Listed (Active)

Columbus and Central Ohio Regional MLS #223017769

$200,000

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

Public Records for 869-871 Derrer Road

Taxable ValueLand$6,580Additions$21,880Total$28,460
Tax Record2021$2,192 ($183 / month)
Home Facts
Baths2Total Finished SqFt1,667 SqFtAbove Grade Finished SqFt1,667 SqFtStories1Lot Size6,970 SqFtStyleDuplexYear Built1954CountyFRANKLINAPN140-004929

Schools near 869-871 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: 869-871 Derrer Road, Columbus, OH 43204
$200,000
5
1,667
6,969
$42,500
5
1,667
6,969
$200,000
2
1,667
7,329
$146,000
5
1,667
9,583
$110,000
5
1,667
6,969
$110,000
2
1,667
6,987

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 Cutler Real Estate

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.