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    516 S Main St Delphos, OH 45833

    New
    Under Contract
    For Sale
    $180,000

    MULTI_FAMILY - Delphos, OH

    Property size:
    2,186 SF
    Lot size:
    0.20 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 516 S Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    3
    Bathrooms
    2
    APN
    25300719014000
    Parking features
    Garage
    Size
    2,186 SF
    Lot size
    0.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding

    Binkley Real Estate (419) 738-3232 [email protected]

    Listing agent Kurt Brandehoff (419) 738-3232

    Listing date Dec 1, 2025

    MLS# 1042589 Listing URL

    Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex in Delphos, OH

    This duplex in Delphos, Ohio, presents an opportunity for rental income. The property features two units: a ground floor unit with 2 bedrooms and 1.5 bathrooms, which is currently vacant, and an upstairs unit with 1 bedroom and 1 bathroom, occupied by a tenant who wishes to remain. Over the past 3 years, the property has undergone several updates, including new siding, roof, windows, both HVAC systems, flooring, paint, plumbing, electrical, and bathrooms. The property size is 2186 square feet and the lot size is 0.2 acres.
    Property Profile 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
    Delphos
    County
    Allen
    State
    Ohio
    Longitude
    -84.339222
    Latitude
    40.837327

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    FAQs

    What type of property is this?
    Duplex - Updated duplex with rental income potential in Delphos, Ohio.
    Where is this duplex located?
    The property is located at 516 S Main St Delphos, OH.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Updated Siding, Roof, Windows, HVAC, Flooring, Paint, Plumbing, and Electrical within the Last 3 Years; - Duplex: Opportunity for Rental Income or Owner-Occupancy with Rental Income; - Ground Floor Unit is Vacant: Immediate Occupancy or Rental Opportunity
    (419) 738-3232
    Request Owner's contact information
    516 S Main St Delphos, OH 45833
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    Delphos, OH 45833
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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
    516 S Main St Delphos, OH 45833
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