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557-559 S Terrace Avenue, 
Columbus, OH 43204

$227,500


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Paige S Petrevski

Red 1 Realty

614-585-9020

Last updated:

May 2, 2025, 02:40 PM

MLS#

225013802

Source:

OH CBR

About This Home

557-559 S Terrace Avenue

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!

Home Facts

Multi-Family

Built in 1927

Price Summary

227,500

MLS #:

225013802

Last Updated:

May 2, 2025, 02:40 PM

Added:

17 day(s) ago


Structure

Structure

Year Built:

1927


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$227,500

Source:OH CBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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