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Renovated Duplex with Separate Metering
For Sale
Contact for pricing
Pending

74 Bernard Ave, Delaware, OH 43015

Fully renovated duplex with separately metered units, where tenants pay utilities and lawn maintenance.

Property SizeContact for details
Days on Market150

Property Features for 74 Bernard Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 2
Listing Agency: Howard Hanna Real Estate Services
Listed By: Heather Kamann · License #449730
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Sep 6 at 6:37AM

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 Howard Hanna Real Estate Services

Investment Insights

Based on property information with market context.

This renovated duplex offers two separately metered units. The front unit is a 4 bedroom/1 bathroom home that is currently occupied, with the tenant in place through September 2023. The rear unit is a 1 bedroom/1 bathroom layout; it is pre-leased, with the tenant having paid March rent but not fully occupying until 4/1/2023. The seller reports both units have been fully renovated following multiple updates.

Tenants are responsible for all utilities and lawn maintenance, while the seller/owner only pays taxes and insurance. The property is described as being in close proximity to OWU campus and downtown Delaware shopping, dining, and entertainment.

The duplex is being sold “AS IS,” and interested parties should review the A2A remarks regarding offers.

Key Highlights

  • Duplex with a 4BR/1BA front unit renting for $1,600/mo and a 1BR/1BA rear unit renting for $800/mo
  • 1BR/1BA is pre‑leased with March rent paid and will fully occupy starting 4/1/2023
  • 4BR/1BA unit is currently occupied with a tenant in lease through Sept. 2023

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Furniture & Home Goods Daycare Center Cafe & Coffee Shop Carpet & Flooring Store Home Appliance 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

Location Intelligence

Trade Area within ½ mile

1,168
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?
Duplex - Fully renovated duplex with separately metered units, where tenants pay utilities and lawn maintenance.
Where is this duplex located?
The property is located at 74 Bernard Ave Delaware, OH.
What are key features of this property?
This property features: Duplex with a 4BR/1BA front unit renting for $1,600/mo and a 1BR/1BA rear unit renting for $800/mo; 1BR/1BA is pre‑leased with March rent paid and will fully occupy starting 4/1/2023; 4BR/1BA unit is currently occupied with a tenant in lease through Sept. 2023
More about this property
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