30 High St Delaware, OH 43015
This classic two-unit duplex located at 30 High Street in Delaware, Ohio, presents a compelling investment opportunity. Built in 1969, this property sits on a 7,405.2 square foot lot and offers a combined rental income of $1,945 per month. Each unit boasts two bedrooms and one bathroom, with current tenants in place. Apartment #1 commands a monthly rent of $995, while Apartment #2 rents for $950 per month. The asking price for this property is $284,900, translating to a price per square foot of $181.23. The owner provides each unit with essential kitchen appliances, while tenants are responsible for all utilities. Recent updates enhance the property's value and appeal, including upgraded light fixtures, flooring, countertops, cabinets, water heaters, and plumbing. The property's convenient location near Ohio Wesleyan University (OWU) and downtown Delaware ensures strong rental demand and potential for future appreciation. This is an excellent opportunity for investors seeking a stable, income-generating property in a desirable Ohio location. The property is zoned for multifamily use and offers a solid return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.