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Remodeled Apartment Buildings
For Sale
$1,999,500
Pending

2098 Us Highway 42 S, Delaware, OH 43015

Four-building multifamily property with varied floor plans and full occupancy.

Property SizeContact for details
Days on Market242

Property Features for 2098 Us Highway 42 S

General Information

Standard status Pending
Property subtype Multi-Family
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Building Details

Year Built 1901
Buildings 4
Listing Agency: Coldwell Banker Realty
Listed By: Jae Billiter
Source: Centralohiohomeguide
Added: Feb 17 Changed: Oct 1 Last Checked: Oct 16 at 9:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This multifamily property comprises four buildings, including one front building and three rear buildings. The layout includes a combination of single-story residences and townhomes, with floor plans offering one-, two-, and three-bedroom configurations. All units have been completely remodeled, and the property is served by city water.

The property is located at 2098 US Highway 42 S in Delaware, Ohio, providing an established address for a multifamily portfolio. Occupancy is reported at 100%, supporting an operating asset with a fully leased unit base.

Key Highlights

  • Four‑building multifamily property with one front building and three buildings in the rear
  • All units completely remodeled
  • Mix of single‑story residences and townhomes

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Carpet & Flooring Store Butcher Auto Repair Shop Cafe & Coffee Shop

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

100%
Occupancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

93
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four-building multifamily property with varied floor plans and full occupancy.
Where is this apartment building located?
The property is located at 2098 Us Highway 42 S Delaware, OH.
What is the asking price?
The asking price for this property is $1,999,500.
What are key features of this property?
This property features: Four‑building multifamily property with one front building and three buildings in the rear; All units completely remodeled; Mix of single‑story residences and townhomes
More about this property
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