Sold
Last Sold Price
5 beds1,667 sqft
869-871 Derrer Road, Columbus, OH 43204
Multi FamilyProperty Type
0.16 acresLot Size
1954Year Built
$120/sq ftPrice per sq ft
4 carsParking Spaces

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.
  • Listed by: Greg L Waite 614.339.4664 jcamp@cutlerhomes.com • Cutler Real Estate
  • Listed by: Vicki Russell 614.339.4664 jcamp@cutlerhomes.com • Cutler Real Estate
Listing closed: 06/30/2023 12:00 AM • Source: Columbus and Central Ohio Regional MLS, MLS#: 223017769

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Amenities

  • Forced Air

Location

Listing Courtesy of Cutler Real Estate

Sold By Reafco

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Payment Calculator

$1,259 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,068

Property Taxes

$191

HOA Dues

$0

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Property Information for 869-871 Derrer Road

Property Details
Building Information
  • Residences: 2
  • Year Built: 1954
  • Lot Size: 0.16 AC / 6,969 SF
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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Listing Courtesy of Cutler Real Estate

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