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$465,000
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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), roof approx 2011. 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. 871 side is below market rate, not on a lease. This side will be vacated in Oct 2026.
Full Property Details
Full Property Details for 869-871 Palmer Rd
General
- Sold For: $465,000
- HOA FEE: $1,000
- Taxes: $7,840 (2024)
- Status: Closed
- Type: Duplex
- Source: Columbus_N_Greater_Ohio
- MLS ID: 226019434
- Added to Site: 140 day(s) ago
Location
- County: Franklin
- Township: None
- Cross Streets: Burr Ave
School Information
- School District: GRANDVIEW HEIGHTS CSD 2504 FRA CO.
Heating & Cooling
- Air Conditioning: Yes
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: 800
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Structural Information
- # Buildings: 1
- Construction: Brick, Other, Vinyl siding
- Year Built: 1954
Unit Information
- Occupancy Rate: 100
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
Financial Considerations
- Price Per Sq. Ft.: $263.87
- Maint. Fee: $1,000
- Tax Amount: $7,840
- Tax Year: 2024
- Terms: Conventional
- Owner Pays: Water
- Tenant Pays: Gas
Disclosures and Reports
- Property ID: 030-000736
Listed by e-Merge Real Estate (614) 678-5505, Jill L Lightfoot (614) 419-7703
Sold by HomeRounds Realty (614) 769-7325, Bonnie Rodgers
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Schools
Schools serving 869-871 Palmer Rd
School District:Grandview Heights City School District
| Name | Grades | Distance |
|---|---|---|
Robert Louis Stevenson Elementary School 1065 Oxley Rd, Columbus, OH 43212 | K-3 | 0.3 mi |
Larson Middle School 1240 Oakland Ave, Columbus, OH 43212 | 4-8 | 0.8 mi |
Grandview Heights High School 1587 West 3rd Avenue, Columbus, OH 43212 | 9-12 | 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 869-871 Palmer Rd
Date
Details
Price
Change
Source
10/01/2026
Sold
$465,000
-15.44%
MLS
5/30/2026
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
869-871 Palmer Road, Columbus, OH 43212 (MLS# 226019434) is a Duplex property that was sold at $465,000 on October 01, 2026. Want to learn more about 869-871 Palmer 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.

