1364-1366 S 3rd St Columbus, OH 43207
Merion Village NeighborhoodEstimated payment $2,938/month
About This Home
Incredible investment opportunity in vibrant Merion Village! This true 3BR-per-side double is a rare gem. One side is owner-occupied, the other leased to a long-term MTM tenant at just $1,550/month—well below market—with vacancy expected end of summer. The owner's unit features a private driveway, off-street parking, and a 1-car garage; tenant side includes off-street parking. Surging neighborhood appeal with trendy new shops, pubs, coffee spots, and even a wedding venue nearby. Huge potential for Airbnb—others are already cashing in on the street. Live nearly rent-free or maximize profits by bringing both sides to market rates. Showings available before offers. Don't miss this hot opportunity!
Last Listed By
Keller Williams Capital Ptnrs License #2005008764 Listed on: 06/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,232
Year Built
- Built in 1910
Lot Details
- 4,792 Sq Ft Lot
Home Design
- 2,988 Sq Ft Home
- Duplex
- Frame Construction
Parking
- 3 Car Garage
- On-Street Parking
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 010-038516
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $800
- Water Sewer Expense $600
- Operating Expense $9,000
- Gross Income $18,600
- Net Operating Income $9,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,232 | $159,460 | $44,030 | $115,430 |
| 2023 | $7,141 | $159,460 | $44,030 | $115,430 |
| 2022 | $5,973 | $113,760 | $11,380 | $102,380 |
| 2021 | $5,983 | $113,760 | $11,380 | $102,380 |
| 2020 | $5,992 | $113,760 | $11,380 | $102,380 |
| 2019 | $7,137 | $113,760 | $11,380 | $102,380 |
| 2018 | $3,046 | $60,140 | $11,380 | $48,760 |
| 2017 | $3,164 | $60,140 | $11,380 | $48,760 |
| 2016 | $2,590 | $38,120 | $8,050 | $30,070 |
| 2015 | $2,358 | $38,120 | $8,050 | $30,070 |
| 2014 | $2,364 | $38,120 | $8,050 | $30,070 |
| 2013 | $1,294 | $42,315 | $8,925 | $33,390 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Sale | $439,900 | -- | $147 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $325,000 | First American Title Co | |
| Deed | -- | -- | |
| Deed | $31,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $184,000 | Credit Line Revolving | |
| Closed | $200,000 | Credit Line Revolving | |
| Open | $344,000 | Credit Line Revolving | |
| Closed | $292,500 | Adjustable Rate Mortgage/ARM |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225020749
APN: 010-038516
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