415-417 Morrison Ave Columbus, OH 43205
Franklin Park NeighborhoodEstimated payment $3,578/month
About This Home
Discover a rare opportunity to own a fully renovated, tax-abated income-producing brick duplex in the highly sought-after Olde Towne East neighborhood of Columbus, Ohio. Ideal for owner-occupants and real estate investors alike, this substantial property spans 3,348 square feet across two generously sized units. Each unit features 4 bedrooms and 1.5 bathrooms, offering spacious and comfortable living for tenants. Both units are currently rented, generating immediate cash flow from day one, with Unit 415 renting for $1,920 per month and Unit 417 renting for $1,710 per month, for a combined gross monthly income of $3,630 and a gross annual income of $43,560. A concrete pad located at the rear of the property presents a ready-made opportunity to construct a garage, a feature that would significantly increase the overall value and rental appeal of the property. Olde Towne East is one of Columbus's most desirable and historically rich neighborhoods, known for its walkability, proximity to Downtown Columbus, and strong rental demand. Whether you are looking to house-hack, expand your rental portfolio, or secure a turnkey investment in one of Columbus's premier neighborhoods, this property offers exceptional value with strong existing income and future upside potential.
Listing Agent
Engel & Volkers Real Estate Advisors License #2019006196 Listed on: 03/26/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,819
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
Parking
- No Garage
Home Design
- 3,348 Sq Ft Home
- Duplex
- Brick or Stone Mason
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Basement
Community Details
- 2 Units
- Gross Income $43,560
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 010-039222
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 |
|---|---|---|---|---|
| 2025 | $3,819 | $188,520 | $21,740 | $166,780 |
| 2024 | $3,819 | $188,520 | $21,740 | $166,780 |
| 2023 | $3,772 | $188,510 | $21,735 | $166,775 |
| 2022 | $3,348 | $165,380 | $1,400 | $163,980 |
| 2021 | $3,354 | $165,380 | $1,400 | $163,980 |
| 2020 | $8,818 | $165,380 | $1,400 | $163,980 |
| 2019 | $3,917 | $63,000 | $1,400 | $61,600 |
| 2018 | $1,383 | $20,300 | $1,400 | $18,900 |
| 2017 | $1,246 | $20,300 | $1,400 | $18,900 |
| 2016 | $1,672 | $24,610 | $3,220 | $21,390 |
| 2015 | $1,522 | $24,610 | $3,220 | $21,390 |
| 2014 | $1,526 | $24,610 | $3,220 | $21,390 |
| 2013 | $792 | $25,900 | $3,395 | $22,505 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $615,000 | -- | $184 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Landsel Title Agency Inc | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | Great American Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $180,000 | Associates Title | |
| Warranty Deed | $66,000 | Associates Title Inc | |
| Warranty Deed | $65,000 | None Available | |
| Corporate Deed | $12,500 | Stewart Tit | |
| Sheriffs Deed | $24,000 | None Available | |
| Corporate Deed | $65,000 | Title First | |
| Special Warranty Deed | $48,000 | Accutitle Agency Inc | |
| Sheriffs Deed | $68,000 | None Available | |
| Warranty Deed | $180,000 | World Class | |
| Corporate Deed | $49,900 | Resourceti | |
| Sheriffs Deed | $60,000 | -- | |
| Warranty Deed | $120,000 | Virtual Title Agency Inc | |
| Warranty Deed | $19,000 | -- | |
| Quit Claim Deed | $11,900 | 270 Title Agency | |
| Land Contract | $14,858 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $10,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $309,000 | New Conventional | |
| Previous Owner | $301,000 | New Conventional | |
| Previous Owner | $49,125 | New Conventional | |
| Previous Owner | $96,000 | Purchase Money Mortgage | |
| Previous Owner | $180,000 | Purchase Money Mortgage | |
| Previous Owner | $106,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $108,000 | Purchase Money Mortgage | |
| Previous Owner | $32,750 | Balloon | |
| Previous Owner | $12,500 | Seller Take Back |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226009208
APN: 010-039222
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Information is deemed reliable but not guaranteed.
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