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Updated Duplex Backing to Park
For Sale
$549,900

869-871 Palmer Road, Columbus, OH 43212

Two-unit income property with recent exterior, mechanical, and interior improvements.

Property SizeContact for details
Days on Market47

Property Features for 869-871 Palmer Road

General Information

Standard status Active
Property subtype Multi Family Home
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,840

Building Details

Year Built 1954
Buildings 1
Units 2
Tenancy Multi
Listing Agency: e-Merge Real Estate
Listed By: Jill L Lightfoot · License #2005012885
Source: Honnerlawrealestate
Added: Jul 16 Changed: Aug 31 Last Checked: Aug 31 at 5:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of e-Merge Real Estate

Investment Insights

Based on property information with market context.

Built in 1954, this duplex includes two residential units at 869-871 Palmer Road. The property sits directly behind Ray Buck Park, providing park access from the rear. Both units have tenants in place, although the 871 side is below market rate and is not on a lease.

Recent capital work includes newer siding and windows installed in 2022, a water tank approximately 3 years old, and A/C units approximately 5 years old. The furnaces are approximately 20 years old. The 869 side received additional interior work in 2026, including refinished hardwood floors and new carpeting throughout. The property is located in Grandview Heights, Columbus, Ohio.

Key Highlights

  • Duplex built in 1954 at 869‑871 Palmer Road
  • Directly backs Ray Buck Park with rear park access
  • Newer siding and windows installed in 2022

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Catering Service Clothing & Fashion Store Mobile Phone Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,251
Businesses Nearby

Demographics for 43212, OH

24,171
Population
13,506
Households
1.8
Avg Household Size
30
Median Age
78%
College-Educated
98%
High-School Grad
3.7 sq mi
ZIP Area
6,533
Density / Sq Mi
$74,952
Median Household Income
$59,037
Median Earnings
$1,382
Median Rent
$514,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit income property with recent exterior, mechanical, and interior improvements.
Where is this duplex located?
The property is located at 869-871 Palmer Road Columbus, OH.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Duplex built in 1954 at 869‑871 Palmer Road; Directly backs Ray Buck Park with rear park access; Newer siding and windows installed in 2022
More about this property
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