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$428,500
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Property Description
2022 NEW CONSTRUCTION RANCH DUPLEX | 15-YEAR TAX ABATEMENT Pay taxes on the LAND ONLY through 2038. Take advantage of this rare, maintenance-free 2022 ground-up new construction ranch duplex. Built from the foundation up with modern energy efficiency and total structural peace of mind, this asset is positioned for maximum cash flow and long-term appreciation. THE FINANCIALS: 15-Year Tax Abatement: 100% building abatement in place until 2038. Current annual taxes are just $1,296. Current Income: Unit A is currently occupied at $1,697/mo. Value-Add Opportunity: Unit B was previously rented for $1,800/mo for 3 years; it is now vacant, turn-key, and move-in ready for a new tenant or owner-occupant. Low Expenses: Insurance is currently $900/year. All utilities, including water, are separately metered. PROPERTY HIGHLIGHTS: Spacious Layouts: Two identical 3BR/2BA units featuring open ranch floor plans. Modern Finishes: Durable luxury LVP flooring throughout and timeless shaker cabinetry. Oversized Lot: Situated on a generous 0.23-acre lot, offering more green space than typical city infills. Location: Perfectly positioned near Roosevelt Park and Deshler Park, and just minutes from the massive employment hub of Nationwide Children's Hospital. One unit is currently rented and the other is available to view, see agent remarks for details. Please do not disturb tenants. Disclosure: The listing agent is related to the owner.
Full Property Details
Full Property Details for 1282 Lockbourne Rd
General
- Sold For: $428,500
- Taxes: (2024)
- Status: Closed
- Type: Duplex
- Source: Columbus_N_Greater_Ohio
- MLS ID: 226008689
- Added to Site: 10 day(s) ago
Parking
- Total Spaces: 4
Location
- County: Franklin
- Township: None
- Cross Streets: Deshler
School Information
- School District: COLUMBUS CSD 2503 FRA CO.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
Structural Information
- Year Built: 2022
Unit Information
- Occupancy Rate: 50
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Zoning: Residential
Financial Considerations
- Price Per Sq. Ft.: $221.72
- Tax Year: 2024
Disclosures and Reports
- Property ID: 010-022525
Listed by Red 1 Realty (614) 585-9020, Fan Yang (614) 313-8958
Sold by Reafco (614) 636-2560, Kerlous Tadres
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Schools
Schools serving 1282 Lockbourne Rd
School District:Columbus City School District
| Name | Grades | Distance |
|---|---|---|
Fairwood Alternative Elementary School 726 Fairwood Avenue, Columbus, OH 43205 | PK-6 | 1 mi |
South High School, Columbus, OH 1160 Ann Street, Columbus, OH 43206 | 7-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1282 Lockbourne Rd
Date
Details
Price
Change
Source
5/26/2026
Sold
$428,500
-3.71%
MLS
3/23/2026
Listed
$445,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1282 Lockbourne Road, Columbus, OH 43206 (MLS# 226008689) is a Duplex property that was sold at $428,500 on May 26, 2026. Want to learn more about 1282 Lockbourne Road? Do you have questions about finding other Duplex real estate for sale in Columbus? You can browse all Columbus real estate or contact a Coldwell Banker agent to request more information.

