$275,000

861 Derrer Rd Unit 863 Columbus, OH 43204

Holly Hill Neighborhood

Estimated payment $1,727/month

Total Views 2,166
-- Bed
-- Bath
1,667 Sq Ft
$165 Price per Sq Ft

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.

Listing Agent

David Barlow

Sell For One Percent License #2005001037 Listed on: 04/03/2026

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,105

Year Built

Built in 1954

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1954
  • Tax Year: 2024
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.23
  • Total Gross Income: 24600.0
  • Co List Office Phone: 614-451-4433
  • MLS Status: Active
  • Subdivision Name: Rosary
  • Location Property Info List PriceSqFt: 164.97
  • Remarks Misc Hot Sheet Comments: new
  • General Property Info Building Sq Ft: 1667.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

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

Schools

  • Junior High Dist: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 140-004928
  • Lot Size Sq Ft: 10018.8

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 15785.0
  • Annual Operating Expense: 6355.0

Tax Info

  • Tax Annual Amount: 3105.0

Map

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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
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
Source: Public Records

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
Source: Columbus and Central Ohio Regional MLS

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 --
Source: Public Records

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: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 226010200

Columbus and Central Ohio Regional MLS

APN: 140-004928

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