$246,500
SOLD JUN 24, 2025
-- Bed
-- Bath
2,240 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

3% Below List Price

18 Days on Market

About This Home

As of June 2025

1% rule cash flowing duplex! This fully rented duplex offers strong cash flow with 3 beds and 1 bath per side. Over $60K in recent updates, including new plumbing, LVP flooring, full bathroom remodel in unit 1500, and new windows throughout. Spacious open layouts and full kitchens in both units. Unit 1500 rents for $1,295/mo (M2M) and unit 1502 for $1,295/mo (M2M), with market rents around $1,350-1400/unit—offering solid upside potential. Great opportunity to hit the 1% rule and build long-term equity. Please do not disturb tenants. See A2A remarks.

Last Agent to Sell the Property

Jimmy Lieu

Swiss Realty LTD License #2023000087 Listed on: 05/02/2025

Last Buyer's Agent

Joseph Bielanski

Keller Williams Capital Ptnrs License #2022002513

Keller Williams Capital Ptnrs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,210

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 2,240 Sq Ft Home
  • Duplex

Parking

  • On-Street Parking
  • Off-Street Parking: 2

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-060820

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $30,540
  • Gross Income $30,540
  • Net Operating Income $30,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,210

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1930
  • Tax Year: 2024
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 30540.0
  • Co List Office Phone: 317-491-8756
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 30540.0
  • Annual Expenses: 30540.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2240.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Trash2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 2.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-060820
  • Lot Size Sq Ft: 4356.0
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 30540.0
  • Annual Operating Expense: 30540.0

Tax Info

  • Tax Annual Amount: 2210.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jun 20, 2025
Sold by
Sayed Moinuddin and Khokale Asha
Bought by
Son Trang Ngoc and Tran Khanhlinh Thy
Seller's Agent
Jimmy Lieu
Swiss Realty LTD
Buyer's Agent
Joseph Bielanski
Keller Williams Capital Ptnrs
List Price
$254,900
Sold Price
$246,500
Premium/Discount to List
-$8,400
-3.3%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
352.79%
Original Mortgage
$182,250
Outstanding Balance
$182,096
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$117,878

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 14, 2023
Sold by
Torvik Stephen P
Bought by
Janus Joshua Carter
Seller's Agent
Justin Gwinn
e-Merge Real Estate
Buyer's Agent
Zeke Liston
Verti Commercial Real Estate L
List Price
$129,775
Sold Price
$130,000
Premium/Discount to List
$225
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.07%
Original Mortgage
$117,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 1979
Bought by
Torvick Steve
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $246,500 Crown Search Box
Warranty Deed $130,000 Northwest Advantage Title Agen
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,250 Credit Line Revolving
Previous Owner $117,000 New Conventional
Previous Owner $51,000 Fannie Mae Freddie Mac
Previous Owner $48,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Sold $246,500 -1.4% $110 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
05/15/2025 05/15/25 Price Changed $249,900 -2.0% $112 / Sq Ft
05/02/2025 05/02/25 For Sale $254,900 +96.1% $114 / Sq Ft
03/28/2025 03/28/25 Off Market $130,000 -- --
03/06/2023 03/06/23 Sold $130,000 +0.2% $58 / Sq Ft
01/26/2023 01/26/23 For Sale $129,775 -- $58 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $2,210 $45,750 $5,320 $40,430
2023 $2,070 $45,750 $5,320 $40,430
2022 $999 $18,800 $2,210 $16,590
2021 $1,001 $18,800 $2,210 $16,590
2020 $1,002 $18,800 $2,210 $16,590
2019 $976 $15,690 $1,860 $13,830
2018 $1,031 $15,690 $1,860 $13,830
2017 $975 $15,690 $1,860 $13,830
2016 $870 $12,810 $1,610 $11,200
2015 $1,087 $17,580 $2,210 $15,370
2014 $1,090 $17,580 $2,210 $15,370
2013 $597 $19,530 $2,450 $17,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225014402

Columbus and Central Ohio Regional MLS

APN: 010-060820