1555-1557 E Rich St Columbus, OH 43205
Franklin Park NeighborhoodEstimated payment $2,526/month
About This Home
Curb Offers Only - Remodeled Duplex with 15-Year Tax Abatement!
This updated duplex offers investment potential & owner-occupant flexibility! Each unit features 3 bedrooms, 1.5 baths, and a functional layout. Remodeled in 2020, it blends modern updates with charm.
Enjoy a 15-year tax abatement, reducing property taxes & maximizing returns!
Currently tenant-occupied, it's a turnkey investment with steady rental income. Whether you're an investor growing your portfolio or a buyer looking to live in one unit & rent the other, this is a prime opportunity to build equity & offset your mortgage.
Don't miss out—schedule a showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,621
Year Built
- Built in 1921
Lot Details
- 3,049 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- 2,520 Sq Ft Home
- Duplex
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 010-301645
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $23,000
- Gross Income $36,000
- Net Operating Income $13,000
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 | $2,621 | $97,370 | $14,490 | $82,880 |
| 2023 | $2,588 | $97,370 | $14,490 | $82,880 |
| 2022 | $12,560 | $236,360 | $2,450 | $233,910 |
| 2021 | $5,581 | $105,280 | $2,450 | $102,830 |
| 2020 | $0 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2025 10/13/25 | Price Changed | $435,000 | -3.3% | $173 / Sq Ft |
| 09/18/2025 09/18/25 | Price Changed | $449,899 | 0.0% | $179 / Sq Ft |
| 09/11/2025 09/11/25 | Price Changed | $449,900 | 0.0% | $179 / Sq Ft |
| 04/22/2025 04/22/25 | Price Changed | $450,000 | -3.2% | $179 / Sq Ft |
| 04/03/2025 04/03/25 | Price Changed | $465,000 | -2.1% | $185 / Sq Ft |
| 03/19/2025 03/19/25 | For Sale | $475,000 | -- | $188 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | Title Connect |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $393,680 | VA |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225008233
APN: 010-301645
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