861 Derrer Rd Unit 863 Columbus, OH 43204
Holly Hill NeighborhoodEstimated payment $1,727/month
About This Home
Fully occupied and quietly working for you, this west side Columbus duplex is the kind of opportunity investors wait for. Picture steady cash flow from day one with a 2 bedroom unit renting at $900 and a 3 bedroom at $1150, both on month-to-month terms that give you flexibility and control. Step inside the fully remodeled 2 bedroom and you will find fresh flooring, updated kitchen with new cabinets and appliances, and a clean, modern bath. The 3 bedroom offers reliable income with a long-term tenant and select window updates already in place. Both units feature central air, spacious living rooms, and functional layouts tenants love. Outside, enjoy off street parking, a private backyard, and storage sheds that add everyday convenience. Tenants cover all utilities, including water, sewer, and trash, keeping your expenses low. This ranch style duplex delivers strong returns and simple management. Secure it before someone else does.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,105
Year Built
- Built in 1954
Home Design
- 1,667 Sq Ft Home
- Duplex
- Vinyl Siding
Additional Features
- 10,019 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 140-004928
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $6,355
- Gross Income $24,600
- Net Operating Income $15,785
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 | $3,105 | $60,200 | $15,470 | $44,730 |
| 2024 | $3,105 | $60,200 | $15,470 | $44,730 |
| 2023 | $3,239 | $60,200 | $15,470 | $44,730 |
| 2022 | $2,539 | $32,030 | $9,030 | $23,000 |
| 2021 | $2,298 | $32,030 | $9,030 | $23,000 |
| 2020 | $2,295 | $32,030 | $9,030 | $23,000 |
| 2019 | $2,132 | $26,680 | $7,530 | $19,150 |
| 2018 | $1,850 | $26,680 | $7,530 | $19,150 |
| 2017 | $2,114 | $26,680 | $7,530 | $19,150 |
| 2016 | $1,695 | $20,030 | $5,080 | $14,950 |
| 2015 | $1,577 | $20,030 | $5,080 | $14,950 |
| 2014 | $1,577 | $20,030 | $5,080 | $14,950 |
| 2013 | $910 | $23,520 | $5,950 | $17,570 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/03/2026 04/03/26 | For Sale | $275,000 | +88.4% | $165 / Sq Ft | |
| 04/30/2021 04/30/21 | Sold | $146,000 | +4.4% | $88 / Sq Ft | View Prior Sale |
| 02/23/2021 02/23/21 | For Sale | $139,900 | +81.9% | $84 / Sq Ft | |
| 06/20/2016 06/20/16 | Sold | $76,900 | -3.8% | $46 / Sq Ft | View Prior Sale |
| 05/21/2016 05/21/16 | Pending | -- | -- | -- | |
| 04/06/2016 04/06/16 | For Sale | $79,900 | -- | $48 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $146,000 | Superior T&E Llc | |
| Warranty Deed | $78,500 | Independent Tite Svcs Inc | |
| Warranty Deed | $76,900 | Valmer Land Title Box | |
| Survivorship Deed | $72,000 | Chicago Tit | |
| Sheriffs Deed | $42,400 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $58,875 | New Conventional | |
| Previous Owner | $53,800 | New Conventional | |
| Previous Owner | $68,400 | Purchase Money Mortgage |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226010200
APN: 140-004928
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Ask me questions while you tour the home.