869-871 Palmer Rd, Columbus, OH, 43212
About This Home
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.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1954
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Heating
- Heating features: Forced Air
Property
Details
- Parcel number: 030000736
Lot
- Lot size: 5,227 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Hail
- Heat Wave
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,780 | $33,360 |
| Home Insurance * | $125 | $1,500 |
| Property Taxes | $701 | $8,412 |
| Electricity | $193 | $2,320 |
| Total | $3,799 | $45,588 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-30 | Listed for sale | $549,900 |
| 2026-04-25 | Listing removed | $1,650 |
| 2026-04-23 | Listed for rent | $1,650 |
| 1985-07-19 | Sold | $59,500 |
View on Zillow