$410,000
$10K PRICE DROP

40-42 W Markison Ave Columbus, OH 43207

Merion Village Neighborhood

Estimated payment $2,650/month

Total Views 2,077
-- Bed
-- Bath
2,383 Sq Ft
$172 Price per Sq Ft

About This Home

Welcome to this beautifully appointed duplex in the heart of Merion Village, offering the perfect blend of modern updates and original charm. Each unit features 2 spacious bedrooms and 1.5 baths, complete with a formal dining room, open kitchen, and in-unit laundry. On the third level there is also a unique private space that adds even more character to each side, creating an office space or additional lounge space. The property is also expertly situated on three parcels and a privacy fence, the property also provides two dedicated parking spaces per unit at the rear. An ideal opportunity for both investors and owner-occupants don?t miss out on this move-in ready, income-producing property in one of Columbus's most desirable neighborhoods!

Listing Agent

Kim Litvak

Red 1 Realty License #2016003410 Listed on: 09/04/2025

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,040

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Additional Parcels

Home Design

  • 2,383 Sq Ft Home
  • Duplex
  • Vinyl Siding

Laundry

  • Washer and Dryer Hookup

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-031181

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,000
  • Gross Income $35,400
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,040

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2024
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 35400.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Active
  • Subdivision Name: Merion Village
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 35400.0
  • Annual Expenses: 3000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2383.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Air Conditioning Central Air: Yes
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • Parking Features No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-031181
  • Lot Size Sq Ft: 3920.4
  • Additional Parcels Description: 010-023065-00; 010-029462-00; 010-031181-00
  • Additional Parcels: Yes

Multi Family

  • Monthly Rent (Other): 1312.0
  • Number Of Units Total: 2
  • Net Operating Income: 32400.0
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 6040.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,040 $133,180 $29,190 $103,990
2023 $5,964 $133,175 $29,190 $103,985
2022 $5,605 $106,750 $8,120 $98,630
2021 $5,765 $106,750 $8,120 $98,630
2020 $5,397 $99,610 $8,120 $91,490
2019 $4,113 $66,150 $6,020 $60,130
2018 $874 $44,520 $6,020 $38,500
2017 $1,652 $31,500 $6,020 $25,480
2016 $1,295 $18,030 $3,820 $14,210
2015 $1,748 $18,030 $3,820 $14,210
2014 $1,118 $18,030 $3,820 $14,210
2013 $613 $20,020 $4,235 $15,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Price Changed $410,000 -2.4% $172 / Sq Ft
09/04/2025 09/04/25 For Sale $419,900 -- $176 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $305,000 First Ohio Title Insurance
Quit Claim Deed -- Monarch Title Services
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $228,750 Commercial
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225033431

Columbus and Central Ohio Regional MLS

APN: 010-031181

Ohio Franklin County Columbus 43207 Merion Village

40-42 W Markison Ave, Columbus, OH

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Kim Litvak
Listing Agent
Kim Litvak
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Red 1 Realty
(380) 233-4888