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    215 W College St Oberlin, OH 44074

    Sponsored
    For Sale
    $115,000

    multifamily - OBERLIN, OH

    Property size:
    2,276 SF
    Lot size:
    0.25 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 215 W College St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    2
    Interior features
    LAUNDRY: IN BASEMENT
    Size
    2,276 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1900
    Roof type
    Asphalt
    Architectural style
    Other

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Christopher Frederick (440) 777-8500

    Listing date Dec 31, 2025

    MLS# 5178282 Listing URL

    Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Multifamily Property in Oberlin

    This multifamily property, a former architecturally elegant duplex, is positioned in a desirable community known for well-cared-for homes. Located near highways, shopping, and Oberlin College, the property offers upside and flexibility. Currently configured with 4 bedrooms, a kitchen, and a bath on each level, totaling 8 beds and 2 baths, the layout was designed to maximize rental income and is also suited for multigenerational living or an owner-occupant arrangement. The property could be reimagined as a multi-unit investment or converted into a large single-family residence. This property is an excellent fix-and-flip or long-term hold opportunity for investors seeking future rental income in a strong location. The property has 2 new furnaces and separate gas and electric. The lot size is 0.25 acres and the property size is 2276 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oberlin
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2252243
    Latitude
    41.2915569

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    FAQs

    What type of property is this?
    Duplex - Multifamily property near Oberlin College, ideal for investors.
    Where is this duplex located?
    The property is located at 215 W College St Oberlin, OH.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - High-potential multifamily property in a desirable community with high-value homes; - Flexible layout suitable for rental income, multigenerational living, or conversion to a single-family home; - Excellent fix-and-flip or long-term rental investment opportunity
    (440) 777-8500
    Request Owner's contact information
    215 W College St Oberlin, OH 44074
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    Oberlin, OH 44074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 W College St Oberlin, OH 44074
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