$2,791 Closing Credit¹
#225004290, Leslie Nelson, Listing Office: Mainstay Brokerage LLC
$227,500 List price
557-559 S Terrace Ave Columbus, OH 43204
$2,702
Closing credit¹
2,184 sqft
0.1 acres
$104 / sqft
Multi-Family
Property details
About 557-559 S Terrace Ave
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!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size2,184 sqft
Lot size0.14 Acres
Year built1927
MLS #225013802
Summary
- MLS Number: 225013802
- MLS Name: Columbus and Central Ohio Regional MLS
- Office Name: Red 1 Realty
- Office Phone: (614) 585-9020
- Listing Agent: Paige S Petrevski
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$227,500
557-559 S Terrace Ave
$2,702
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 30, 2003 | Home Sold | $83,000 |
| Mar 06, 2001 | Home Sold | $69,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $48,930 | $2,214 |
| 2022 | $25,030 | $1,330 |
| 2021 | $25,030 | $1,332 |
| 2020 | $25,030 | $1,334 |
History based on county public records data.
Nearby schools
5
Lindbergh Elementary School
Public District PK-5
0.4 mi
•2541 Lindbergh Dr
4
Burroughs Elementary School
Public District PK-5
0.5 mi
•551 S Richardson Ave
3
West Mound Elementary School
Public District PK-5
0.7 mi
•2051 W Mound St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,375. Typical income of Columbus, OH residents is less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
47%
<35k
45%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
45%
Single, No Kids
22%
Single, with Kids
19%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Popeyes
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 557-559 S Terrace Ave in Columbus, OH and zip code 43204 in the South Central Hilltop neighborhood. This 2,184 square foot home, which was built in 1927, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $227,500.
In March 2025 more than 271 listings in Columbus, OH were sold above the asking price. During the same period more than 184 listings were sold at asking price, while more than 342 were sold below. The number of homes for sale in Columbus, OH increased by 14.7% between February and March 2025. In March 2025 median list price was $287,600 and the average listing age was 33 days.
From Rocket Homes Real Estate and based on county public records data.