Delaware Ohio Multi-Family Homes for Sale

Delaware Ohio Multi-Family Homes for Sale

$389,900
226033168 MLS
Discover a rare opportunity to own a stunning brick Italianate duplex in the heart of historic Delaware, just steps from everything downtown has to offer and bordering the picturesque campus of Ohio Wesleyan University. Blending timeless architectural charm with extensive modern updates, this beautifully maintained property is an exceptional addition to any investment portfolio or the perfect opportunity for an owner-occupant seeking supplemental rental income. Since 2014, both units have undergone comprehensive renovations, including beautifully updated kitchens and bathrooms, new flooring, replacement windows, updated plumbing supply lines and drains, new hot water tanks, an upgraded gutter system, and numerous new interior and exterior doors. The result is a move-in-ready property that offers classic character with the peace of mind of modern improvements. Each unit is currently leased for $1,500 per month plus utilities, providing a strong and consistent income stream from day one. The spacious first-floor unit offers two bedrooms, two full baths, expansive living areas, soaring ceilings, and abundant natural light that showcases the home's historic charm. Upstairs, the equally inviting second-floor unit features two bedrooms, one full bath, an updated kitchen, and includes all kitchen appliances plus a washer and dryer. Whether you're looking to expand your investment portfolio with a quality, turn-key asset generating $3,000 per month plus utilities in gross rental income, or you're seeking a beautifully restored historic property in an unbeatable location, this exceptional duplex delivers the perfect combination of location, character, extensive renovations, and long-term value in one of Delaware's most desirable neighborhoods.

81 Park Avenue, Delaware

Listing Courtesy of : Richard Russo ---- Rich Russo Realty & Co.

$384,900
226027112 MLS
97 W Harrison St, Delaware, OH 43015 Turnkey, fully renovated duplex in the heart of Delaware offering an outstanding investment or house hack opportunity! This beautifully updated property features two 3-bedroom, 1-bath units. One side is already rented at $1,500/month, providing immediate rental income, while the vacant unit is ready for an owner-occupant or a new tenant at market rent. Extensively renovated in the last year, this property offers peace of mind with major capital improvements already completed. Updates include a new roof, new siding, new gutters, new A/C units for both sides, a new furnace on the 99 side, and new water heaters for both units. Inside, both units have been completely remodeled with modern finishes throughout. Each features brand-new kitchens with granite countertops, updated bathrooms, luxury vinyl plank flooring, new carpet, fresh lighting throughout every room, and fully renovated living and kitchen spaces, creating a clean, contemporary feel that tenants and homeowners will appreciate. The property appraised for $510,000 last year following the renovations, highlighting the extensive improvements that have been made. Whether you're looking to grow your rental portfolio or live in one unit while the other helps offset your mortgage, this move-in-ready duplex is a rare opportunity. With one unit already generating income and the other available immediately, this property is ready to perform from day one. Schedule your showing today!

97 W Harrison Street, Delaware

Listing Courtesy of : Jonathan R Moore ---- Roby Realty

$280,000
226022020 MLS
Small investment...with BIG reward in this all brick 2-story duplex located in Delaware's downtown NW historic district with convenient walkability to local events, parks, dining and entertainment. This versatile property is ideal for investors and owner-occupants alike. Continue operating as a profitable duplex, live in one unit while the other helps offset your mortgage, or explore the potential to convert back to a single-family home. The upstairs 1 BR/1 BA unit rent is $830/month. the 2 BR/1 BA lower level unit is $1400/month. Tenants pay all utilities with separate utility meters, and cover yard maintenance too, creating a low-maintenance opportunity for owners. Lower level currently vacant and ready to lease. Upper unit is on ''month to month'' lease with 60 day notice to vacate provision (tenant been there 6 years). There are three rear off-street parking spaces and several on-street parking options also available. Appliances are owned by seller and do convey. Washer/dryer, microwave and dishwasher in 1st floor unit are brand new. Flooring/carpet recently replaced in both units and both units also have updated bathrooms/kitchens. Newer HVAC downstairs (2023) and newer water heater 2nd floor floor (2023). Whether you're looking to expand your rental portfolio or secure a flexible property with strong income potential, this is an opportunity you won't want to pass up!

189 N Washington Street, Delaware

Listing Courtesy of : Heather R Kamann ---- Howard Hanna Real Estate Services

Selling Office: BHHS American Realty Center.

$300,000
225026969 MLS
4-Unit Multi-Family Property in Downtown Delaware - Excellent Investment Opportunity! This spacious 4-unit property, offering nearly 2,700 sq. ft., is ideally located just a short walk from downtown Delaware, providing easy access to shopping, dining, and entertainment. With strong rental income potential and a recent history of updates, this property is a must-see for any investor looking to expand their portfolio. Apt A - 2 BR/1 BA - Rent is $1200/month, Apt. B - 1 BR/1 BA - Rent is $550/month, Apt. C - 2 BR/1 BA - Rent is $775/month, Apt. D - Studio/Efficiency - Rent is $500/month. All units are separately metered for electricity and gas, with tenants covering all utilities except for water, sewer, and trash (owner charges $25/month to cover these expenses). On-street parking is available in front, with additional off-street parking in the rear gravel lot. Recent updates include a new roof (2024), replacement of 7 windows in the past two years, new water heater for Apt. D, renovated bathroom in Apt. D within the last year, and new flooring in Apt. D. Leases are available through the MLS documents, and showing instructions are provided in the A2A remarks. Whether you're looking to manage the property long-term or looking for a turn-key investment, this is an excellent opportunity to secure a reliable income stream in a desirable area!

166 N Sandusky Street, Delaware

Listing Courtesy of : Heather R Kamann ---- Howard Hanna Real Estate Services

Selling Office: Keller Williams Capital Ptnrs.

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Delaware Ohio Multi-Family Homes

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