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Property profile & analytics
OFF-MARKET
Small apartment buildings

30 High St Delaware, OH 43015

Built 1969
Property ID
US66-1275295
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1969
UPID US66-1275295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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