877 Derrer Road

Baths
1,667 Sq. Ft.
$66 / Sq. Ft.
1,667
Sq. Ft.
$66
per Sq. Ft.

Description

Attention Investors! Good cash flowing property 100% occupied. There is a 3 bedroom unit that rents for $725 and a 2 bedroom that rents for $595. Rents are actually due for a small increase. Curb offers only and please do not disturb tenants. No sign at the property. Seller is selling as-is at this price.Attention Investors! Good cash flowing property 100% occupied. There is a 3 bedroom unit that rents for $725 and a 2 bedroom that rents for $595. Rents are actually due for a small increase. Curb offers only and please do not disturb tenants. No sign at the property. Seller is selling as-is at this price.
  1. Listed by Kevin P Coffey • Keller Williams Premier Realty
    P: (614)-472-4900 tomtrigg6@gmail.com

Amenities

  • Forced Air
LISTING UPDATED: 11/05/2025 07:36 PM

Property Details for 877 Derrer Road

StatusClosed
MLS #220026808
Days on Market15
Taxes$1,920 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1959
Lot Size0.16 AC / 6,969 SF
CountyFranklin County

Location

Listing Courtesy of Keller Williams Premier Realty

Sold By Keller Williams Premier Realty

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Building Information for 877 Derrer Road

Stories-Residences2Year Built1959Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$708 per month

30 year fixed, 6.36% Interest

Principal and Interest

$548

Property Taxes

$160

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 877 Derrer Road

Summary
Location and General Information
  • Township: Franklin
  • Longitude: -83.091324
  • Latitude: 39.935926
  • Cross Street: Glorious
  • Between Street: Vanderburg
Taxes and HOA
  • Parcel Number: 140-004930
  • Tax Year: 2019
  • Tax District: 140
  • Tax Abatement: No
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: 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: 1959
  • Built Prior to 1978: Yes
Building Features
  • Building Sqft: 1667.0
Interior and Exterior Features
Interior Features
  • Heating: Forced Air
  • Heat Fuel: Gas
Multi Family
Multi Family Information
  • Total Number Of Units: 2
  • Occupancy Rate: 100.00%
Income & Expenses
  • Net Operating Income: $10,888
  • Operating Expense: $6,398.14
  • Gross Income: $17,286
Rental
Rent Information
  • 2 Bedroom: 2 Bedroom # of Units: 1
  • 2 Bedroom: 2 Bedroom Month Rent Per Unit: $595.00
  • 3 Bedroom: 3 Bedroom # of Units: 1
  • 3 Bedroom: 3 Bedroom Month Rent Per Unit: $725.00
Tenant Information
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Property History for 877 Derrer Road

DateEvent & SourcePriceAppreciation
Feb 18, 2021

Sold

Columbus and Central Ohio Regional MLS #220026808

$110,000
Jan 26, 2021

Contract Signed

Columbus and Central Ohio Regional MLS #220026808

Jan 26, 2021

Listed (Active)

Columbus and Central Ohio Regional MLS #220026808

$115,000
DateEvent & SourcePrice
02/18/2021

Sold

Columbus and Central Ohio Regional MLS #220026808

$110,000
01/26/2021

Contract Signed

Columbus and Central Ohio Regional MLS #220026808

01/26/2021

Listed (Active)

Columbus and Central Ohio Regional MLS #220026808

$115,000

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

Schools near 877 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 Keller Williams Premier Realty

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