557-559 S Terrace Avenue, Columbus, OH 43204

$222,000

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Sold Price
$222,000
List Price
$227,500
Status
CLOSED
Days on Market
61
Closing Date
Jun 25, 2025
MLS#
225013802
Subtype
Multi-Family
Year Built
1927
Lot Size
6,098
Acres
0.14

Property Description

Well maintained duplex with long-term ownership, this 3 bed, 1 bath per side property offers an excellent opportunity for both investors and owner-occupants alike. The 557 side is currently rented to a long-time tenant, while the 559 side is available for immediate occupancy or lease-up. Each unit includes a divided basement, all vinyl windows, and solid mechanicals that have been updated as needed over time. Key improvements include vinyl siding installed in 2015, a new roof on the house in 2019 (garage roof replaced in 2011), underground water main replaced in 2019, sump pump added in 2022, and a brand new electric panel in 557 as of 2024. The spacious backyard is fully fenced and separated for privacy. This is a low-maintenance, income-producing property with major capital updates already handled. Don't miss out!

Additional Information

Heating
Forced Air
School District
Columbus Csd 2503 Fra Co.

Listing Courtesy of : Paige S Petrevski ---- Red 1 Realty

Selling Office: Coldwell Banker Realty.

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