861 Derrer Road, Columbus, OH 43204
New Listing
$275,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
10,019
Status:
Active
Current Price:
$275,000
List Date:
4/03/2026
Last Modified:
4/03/2026
Overview
Description
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 Details MLS# 226010200
Location Property Info
- Original List Price
- 275000
- Property Sub Type
- Duplex
- Street #
- 861
- Street Name
- Derrer
- Street Suffix
- Road
- County
- Franklin
- State
- OH
- Zip Code
- 43204
- Subdiv/Cmplx/Comm
- Rosary
- School District
- SOUTH WESTERN CSD 2511 FRA CO.
- Township
- Franklin
OfficeContract Info
- MLS Entry Date
- 2026-04-02
General Property Info
- Number of Units
- 2
- Building Sqft
- 1667
- Year Built
- 1954
- Built Prior to 1978
- Yes
- Lot Size (Side)
- 125
- Acreage
- 0.23
Tax Info
- Parcel #
- 140-004928
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 3105
2 Bedroom
- 2 Bedroom # of Units
- Yes
3 Bedroom
- 3 Bedroom # of Units
- Yes
More Information
Expenses
- R.E. Taxes
- 3105
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 164.97
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- None
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- 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.
Income/Expenses
- Gross Income
- 24600
- Net Operating Income
- 15785
- Total Expenses
- 6355
Addl Acceptance Cond
- None Known
- Yes
Construction
- Vinyl Siding
- Yes
Heat Fuel
- Electric
- Yes
Parking Features
- 2 Off Street
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Tenant Pays
- Gas
- Yes
- Water
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
New Financing
- Conventional
- Yes
Air Conditioning
- Central Air
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
2 Off Street
Tenant Pays:
Electricity; Gas; Water
Heat Fuel:
Electric
Heating:
Forced Air
Air Conditioning:
Central Air
Construction:
Vinyl Siding
Water Source:
Public
Sewer:
Public Sewer
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Sell For One Percent
Listing Agent:
David E Barlow
Last Updated: April - 03 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.