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.
Prime location just one block from the intersection of Sandusky and William Streets, steps from Ohio Wesleyan University (OWU), shopping, dining, and all downtown amenities. This three-level, multi-use building offers incredible redevelopment potential in a high-demand area. Demolition has already begun, paving the way for your vision, original concept featured four units per floor (12 total). Great opportunity for mixed-use retail, office, or residential conversion in a thriving and walkable downtown district. Ideal for investors or developers looking to bring new life to a cornerstone property in Delaware's growing urban core.
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241
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Delaware is located in Ohio. Delaware, Ohio has a population of 41,004. Delaware is less family-centric than the surrounding county with 40.48% of the households containing married families with children. The county average for households married with children is 43.42%.
The median household income in Delaware, Ohio is $78,900. The median household income for the surrounding county is $116,284 compared to the national median of $69,021. The median age of people living in Delaware is 36.2 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 38.4 inches per year, with 22 inches of snow per year.