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Historic Brick Duplex
New
For Sale
$389,900

81 Park Avenue, Delaware, OH 43015

Renovated two-unit property with distinct floor plans, updated interiors, and proximity to downtown and Ohio Wesleyan University.

Property SizeContact for details
Days on Market3

Property Features for 81 Park Avenue

General Information

Standard status Active
Property subtype Duplex
Occupancy 100%

Financials

Gross Income $36,000
Average Monthly Rent $1,500

Units

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

Taxes and HOA fees

Annual Taxes $5,821

Building Details

Year Built 1880
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Rich Russo Realty & Co.
Listed By: Richard Russo · License #0700427811
Source: Camtaylor
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 3 at 2:15AM

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 Rich Russo Realty & Co.

Investment Insights

Based on property information with market context.

Built in 1880, this brick Italianate duplex combines historic detailing with substantial improvements completed in both units since 2014. Updates include kitchens and bathrooms, flooring, replacement windows, plumbing supply lines and drains, hot water tanks, gutters, and interior and exterior doors.

The first-floor residence has two bedrooms, two full bathrooms, generous living areas, high ceilings, and abundant natural light. The second-floor unit includes two bedrooms, one full bathroom, an updated kitchen, kitchen appliances, and a washer and dryer. The property is located in Delaware, Ohio, bordering the Ohio Wesleyan University campus and near downtown.

Key Highlights

  • Brick Italianate duplex built in 1880
  • Both units renovated since 2014
  • First‑floor unit has 2 bedrooms and 2 full baths

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods Dental Office 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
100%
Occupancy
Multi-tenant
Tenancy

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 - Renovated two-unit property with distinct floor plans, updated interiors, and proximity to downtown and Ohio Wesleyan University.
Where is this duplex located?
The property is located at 81 Park Avenue Delaware, OH.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Brick Italianate duplex built in 1880; Both units renovated since 2014; First‑floor unit has 2 bedrooms and 2 full baths
More about this property
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