Search
Renovated Duplex with Detached Garage
For Sale
$275,000

226 Lake Street, Delaware, OH 43015

Multi-Family, Delaware, OH

Property SizeContact for details
Lot Size0.34 Acres
Days on Market90

Property Features for 226 Lake Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Rooms Bedroom 3, Bedroom 1, Bedroom 2
Elementary school district DELAWARE CSD 2103 DEL CO.
Middle school district DELAWARE CSD 2103 DEL CO.
High school district DELAWARE CSD 2103 DEL CO.
Standard status Active
APN 519-431-31-005-000
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3067

Utilities

Sewer type Public Sewer

Amenities

private exterior entrances
washers and dryers

Building Details

Year built 1901
Number of units 2
Listing Agency: Red 1 Realty
Listed By: Abigail E Swihart Valentine · License #2018002817
Added: Jun 7 Changed: Sep 3 Last Checked: Sep 4 at 4:06PM
MLS# 226020629

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1901, this duplex sits on a 0.34-acre parcel and received substantial updates in 2014 and 2015. Improvements included new electrical wiring, refreshed water and drain lines, replacement windows, and additional work throughout the property. Each unit has its own exterior entry. The lower residence includes front and side access, a vaulted primary bedroom ceiling, and soundproofing between its lower bedroom and the unit above. Washers and dryers remain with the property.

A detached one-car garage accompanies the building and can be wired for either unit. Both residences are occupied under month-to-month leases, providing current occupancy with flexibility for future use. The property is served by public sewer and is located near downtown Delaware, shopping, dining, parks, and major commuter routes.

Key Highlights

  • Duplex on a 0.34‑acre parcel, built in 1901
  • Renovations completed in 2014 and 2015
  • Updated electrical wiring, water and drain lines, and replacement windows

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service Daycare Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility 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

781
Businesses Nearby

Demographics for 43015, OH

57,563
Population
23,287
Households
2.5
Avg Household Size
38
Median Age
47%
College-Educated
96%
High-School Grad
127.9 sq mi
ZIP Area
450
Density / Sq Mi
$99,622
Median Household Income
$50,799
Median Earnings
$1,207
Median Rent
$311,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with private entrances, in-place month-to-month occupancy, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 226 Lake Street Delaware, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex on a 0.34‑acre parcel, built in 1901; Renovations completed in 2014 and 2015; Updated electrical wiring, water and drain lines, and replacement windows
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message