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Eight-Unit Apartment Building
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316 E William St, Delaware, OH 43015

Two-story walk-up property with individual kitchens and wall air conditioning in each unit.

Property SizeContact for details
Lot Size0.37 Acres
Days on Market144

Property Features for 316 E William St

General Information

Standard status Active
Lot size 0.37 Acres
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Additional Details

Highway Access Yes

Building Details

Stories 2
Listing Agency: Coldwell Banker Commercial Aspire Realty Services
Listed By: Chris Howard · License #OH
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:02PM

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 Commercial Aspire Realty Services

Investment Insights

Based on property information with market context.

This two-story walk-up apartment property contains eight two-bedroom, one-bathroom units, with each residence measuring 650 sq ft. Individual kitchens include a refrigerator, microwave, and gas stove. Heating is provided by a forced air gas system, while each unit has its own wall air conditioning. The property sits on .37 acres and is currently 100% occupied, with 5 of 8 units updated.

The building is in downtown Delaware, within walking distance of restaurants, shops, other amenities, and the Ohio Wesleyan University campus. Regional access is available via Routes 71, 23, and 315. Delaware is approximately 25 miles north of Columbus along State Route 23.

Key Highlights

  • Eight two‑bedroom, one‑bathroom apartment units, each measuring 650 sq ft
  • Property occupies .37 acres in downtown Delaware, Ohio
  • Two‑story walk‑up configuration with eight multifamily units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Auto Parts 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

8
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

224
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story walk-up property with individual kitchens and wall air conditioning in each unit.
Where is this apartment building located?
The property is located at 316 E William St Delaware, OH.
What are key features of this property?
This property features: Eight two‑bedroom, one‑bathroom apartment units, each measuring 650 sq ft; Property occupies .37 acres in downtown Delaware, Ohio; Two‑story walk‑up configuration with eight multifamily units
(614) 341-9800 Call to check price and availability
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