869-871 Palmer Road, Columbus, OH 43212
New Listing
$549,900
Property Type:
Multi-Family
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$549,900
List Date:
5/30/2026
Last Modified:
5/30/2026
Overview
Description
Turnkey Investment Opportunity in a lovely neighborhood in Grandview Heights! Attention investors, don't miss this fully occupied, income-producing duplex perfectly situated backing right up to Ray Buck Park. This property offers immediate cash flow with tenants already in place on both sides, making it a seamless addition to your portfolio. Major capital expenses have already been taken care of for peace of mind, featuring newer siding and windows (2022), a recently updated water tank (approx. 3 years old), and A/C units approximately 5 years old (Furnaces approx. 20 years). The 869 side has been refreshed in 2026 with newly refinished hardwood floors and brand-new carpet throughout. With a premier location offering park access right out the back door and major mechanical updates already done, this low-maintenance property is ready to perform from day one.
Listing Details MLS# 226019434
Location Property Info
- Original List Price
- 549900
- Property Sub Type
- Duplex
- Street #
- 869-871
- Street Name
- Palmer
- Street Suffix
- Road
- County
- Franklin
- State
- OH
- Zip Code
- 43212
- School District
- GRANDVIEW HEIGHTS CSD 2504 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-05-30
General Property Info
- Number of Units
- 2
- # of Buildings
- Yes
- Off Street Parking Spaces
- 2
- Building Sqft
- 2084
- Year Built
- 1954
- Built Prior to 1978
- Yes
- Occupancy Rate
- 100
- Lot Size (Side)
- 114
- Acreage
- 0.12
Tax Info
- Parcel #
- 030-000736
- Mult Parcels/Sch Dis
- No
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 7840
2 Bedroom
- 2 Bedroom # of Units
- 2
Expenses
- R.E. Taxes
- 7840
- Property Insurance
- 2000
- Repairs&Maintenance
- 1000
- Water Expense
- 800
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 263.87
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Grandview Heights
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Turnkey Investment Opportunity in a lovely neighborhood in Grandview Heights! Attention investors, don't miss this fully occupied, income-producing duplex perfectly situated backing right up to Ray Buck Park. This property offers immediate cash flow with tenants already in place on both sides, making it a seamless addition to your portfolio. Major capital expenses have already been taken care of for peace of mind, featuring newer siding and windows (2022), a recently updated water tank (approx. 3 years old), and A/C units approximately 5 years old (Furnaces approx. 20 years). The 869 side has been refreshed in 2026 with newly refinished hardwood floors and brand-new carpet throughout. With a premier location offering park access right out the back door and major mechanical updates already done, this low-maintenance property is ready to perform from day one.
Income/Expenses
- Gross Income
- 35400
- Net Operating Income
- 23760
- Total Expenses
- 11640
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
- Other
- Yes
- Vinyl Siding
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- On Street
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Miscellaneous
- Basement
- Yes
- W/D Hookups
- Yes
Tenant Pays
- Gas
- Yes
- Trash Collection
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
New Financing
- Conventional
- Yes
Air Conditioning
- Central Air
- Yes
- Window Unit(s)
- Yes
Owner Pays
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
On Street
Owner Pays:
Water
Tenant Pays:
Electricity; Gas; Trash Collection
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
Central Air; Window Unit(s)
Construction:
Brick; Other; Vinyl Siding
Water Source:
Public
Sewer:
Public Sewer
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Water Available
Miscellaneous:
Basement; W/D Hookups
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
e-Merge Real Estate
Listing Agent:
Jill L Lightfoot
Last Updated: May - 30 - 2026
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