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!
Sold for $222,000
$222,000
557-559 S Terrace Ave, Columbus, OH 43204
--beds
0baths
--sqft
Duplex
Built in 1927
-- sqft lot
$224,500 Zestimate®
$--/sqft
$1,127 Estimated rent
Home value
$224,500
$211,000 - $240,000
$1,127/mo
Zestimate® history
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$1,127/mo
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$1,559/mo
Est. payment
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$1,559/mo
Est. payment
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List your homeWhat's special
Brand new electric panelSpacious backyardDivided basementVinyl windowsSolid mechanicalsNew roof
Zillow last checked:
Listing updated:
Listed by:
Paige S Petrevski 614-800-7516,
Red 1 Realty
Bought with:
Jill Moser, 2022004070
Coldwell Banker Realty
Source: Columbus and Central Ohio Regional MLS ,MLS#: 225013802
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Property
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 010081731
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1927
Community & HOA
Location
- Region: Columbus
Financial & listing details
- Tax assessed value: $140,200
- Annual tax amount: $2,249
- Date on market: 4/25/2025
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2025 | Sold | $222,000-2.4% |
Source:  Columbus and Central Ohio Regional MLS #225013802 Report a problem | ||
| 4/30/2025 | Contingent | $227,500 |
Source: Columbus and Central Ohio Regional MLS #225013802 Report a problem | ||
| 4/25/2025 | Listed for sale | $227,500+174.1% |
Source: Columbus and Central Ohio Regional MLS #225013802 Report a problem | ||
| 4/30/2003 | Sold | $83,000+18.7% |
Source: Public Record Report a problem | ||
| 3/6/2001 | Sold | $69,900+14.8% |
Source: Public Record Report a problem | ||
| 8/4/1995 | Sold | $60,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,249 +1.6% | $49,070 +0.3% |
| 2023 | $2,214 +66.5% | $48,930 +95.5% |
| 2022 | $1,330 -0.2% | $25,030 |
| 2021 | $1,333 -0.1% | $25,030 |
| 2020 | $1,335 +2.8% | $25,030 +19.9% |
| 2019 | $1,298 +0.2% | $20,870 |
| 2018 | $1,296 | $20,870 |
| 2017 | $1,296 -11.3% | $20,870 -2.9% |
| 2016 | $1,460 +9.8% | $21,490 |
| 2015 | $1,329 | $21,490 |
| 2014 | $1,329 -14% | $21,490 -15% |
| 2013 | $1,546 +2.2% | $25,270 |
| 2011 | $1,512 -15% | $25,270 -19.1% |
| 2010 | $1,780 +3.3% | $31,255 |
| 2008 | $1,722 +22.3% | $31,255 |
| 2007 | $1,409 +0.4% | -- |
| 2006 | $1,404 +4.2% | -- |
| 2005 | $1,347 +1.1% | -- |
| 2004 | $1,332 +21.8% | -- |
| 2003 | $1,094 -1% | -- |
| 2002 | $1,105 +5.5% | -- |
| 2001 | $1,047 -0.5% | -- |
| 2000 | $1,053 | -- |
Find assessor info on the county website
Neighborhood: South Central Hilltop
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Nearby schools
GreatSchools rating
- 4/10Burroughs Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Hilltonia Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Briggs High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$224,500
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Estimated market value
$224,500
- Ohio
- Franklin County
- Columbus
- 43204
- South Central Hilltop
- 557-559 S Terrace Ave
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