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    Delaware, OH
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    Delaware, OH Residential Income Properties for Sale

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    Powell, OH Lewis Center, OH Sunbury, OH Galena, OH Ostrander, OH Radnor, OH Ashley, OH Shawnee Hills, OH
    Renovated Multifamily Property in Delaware
    Updated: Mar 18
    Renovated Multifamily Property in Delaware

    229 N Sandusky St, Delaware, OH 43015

    $625,000
    3,525 sqft
    100% Occupancy: Fully occupied 7‑unit building provides immediate rental income.
    Recent Renovations: 6 of 7 units renovated within the last two years, plus $90,000 in capital expenditures.
    Prime Location: Located in the heart of Delaware, OH, a fast‑growing city near Columbus.
    Turnkey Investment: Well‑maintained asset with significant recent investment already in place.
    Desirable Zoning: R‑6 zoning allows for Multifamily/Low‑Rise/Garden development.
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    This listing looks promising.

    Here's a quick look at some key insights for

    229 N Sandusky St, Delaware, OH 43015

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    • Est. Cap Rate

      4.5%
      NOI ÷ price

    • Est. NOI

      $28K
      Annual

    • Mortgage

      $279K
      Apr 2021

    • Last Sold

      Apr 2021
      $370K

    • Property Type

      Financial Building
      Built 1930
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    Renovated Duplex with Private Entrances
    Updated: Jun 7
    Renovated Duplex with Private Entrances

    226 Lake Street, Delaware, OH 43015

    $275,000
    0.34 AC lot
    Duplex built in 1901 with public sewer service
    Comprehensive 2014–2015 renovation including updated electrical wiring, water and drain lines, and replacement windows
    Both units have private exterior entrances for independent access
    Lower unit features front and side access and a vaulted ceiling in the primary bedroom
    Soundproofing between the lower bedroom and the upper unit
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    Three-Level Mixed-Use Building
    Three-Level Mixed-Use Building

    28 South Franklin Street, Delaware, OH 43015

    $799,900
    20,908 sqft

    Three-level mixed-use property with demolition underway, originally designed for four units per floor.

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    Historic Building in Downtown Delaware
    Historic Building in Downtown Delaware

    45 Lake St, Delaware, OH 43015

    $499,950
    10,000 sqft 0.31 AC lot

    10,000 SF historic building suitable for office or residential use.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Delaware, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick Duplex with Attached Garages
    Brick Duplex with Attached Garages

    530 Radcliff Drive, Westerville, OH 43082

    $599,900
    0.29 AC lot

    Two-unit duplex with separate living layouts, hardwood and tile finishes, full basements, and attached 2-car garages.

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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    530 Radcliff Drive, Westerville, OH 43082

    $599,900
    2,658 sqft

    Brick and stucco duplex with 2 beds and 2 baths per side, full basements, and attached 2-car garages.

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    Duplex with Dedicated Off-Street Parking
    Duplex with Dedicated Off-Street Parking

    1147 Eastfield Road, Columbus, OH 43085

    $394,900
    0.13 AC lot

    Well-maintained duplex in Old Worthington with two garden-style units, in-unit washer/dryer hook-ups, and dedicated off-street parking.

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    Well-Maintained Duplex Investment
    Well-Maintained Duplex Investment

    1147 Eastfield Road, Unit 1149, Columbus, OH 43085

    $394,900
    1,600 sqft

    Two-unit duplex with dedicated off-street parking and in-unit washer/dryer hookups for straightforward rental use.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Flag-Lot Residential Land Parcel
    Flag-Lot Residential Land Parcel

    2112 Horseshoe Road, Delaware, OH 43015

    $434,900
    7.10 AC lot

    Flag-lot acreage with level building area, mature woods, and an existing gravel driveway and turnaround pad.

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    Land in Quiet Country Location
    Land in Quiet Country Location

    Burnt Pond Road, Ostrander, OH 43061

    $185,000
    5.00 AC lot

    5-acre land parcel in Ostrander, close to Delaware and Marysville.

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    Residential Land Tract
    Residential Land Tract

    Harriott Road, Marysville, OH 43040

    $450,000
    5.21 AC lot

    Build-ready land offered as Tract 11 in a limited 12-lot farm subdivision in Marysville.

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    Country Estate Building Lot
    Country Estate Building Lot

    Harriott Road, Marysville, OH 43040

    $450,000
    5.06 AC lot

    Build your home on a private, deed-restricted lot with space for hobbies and a potential mini-farm setup.

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    Off-Market Properties in Delaware, OH

    Consider similar Off-Market properties in Delaware, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Pebble Pl
    APARTMENT HOUSE (5+ UNITS)

    Pebble Pl, Delaware, OH 43015

    Value Estimation by Request
    0.37 AC lot
    View details
    1330 Hanover Rd
    MOBILE HOME PARK, TRAILER PARK

    1330 Hanover Rd, Delaware, OH 43015-9074

    Value Estimation by Request
    1,816 sqft 21.00 AC lot
    View details
    1330 Hanover Rd
    MOBILE HOME PARK, TRAILER PARK

    1330 Hanover Rd, Delaware, OH 43015-9074

    Value Estimation by Request
    1,816 sqft 15.21 AC lot
    View details
    635 Pebble Pl Dr
    APARTMENT HOUSE (5+ UNITS)

    635 Pebble Pl Dr, Delaware, OH 43015-4284

    Value Estimation by Request
    2,924 sqft 0.29 AC lot
    View details
    629 Pebble Pl Dr
    APARTMENT HOUSE (5+ UNITS)

    629 Pebble Pl Dr, Delaware, OH 43015-4285

    Value Estimation by Request
    2,924 sqft 0.29 AC lot
    View details
    20 Liberty St
    APARTMENT HOUSE (5+ UNITS)

    20 Liberty St, Delaware, OH 43015-1964

    Value Estimation by Request
    3,960 sqft 0.34 AC lot
    View details
    647 Pebble Pl Dr
    APARTMENT HOUSE (5+ UNITS)

    647 Pebble Pl Dr, Delaware, OH 43015-4204

    Value Estimation by Request
    2,431 sqft 0.68 AC lot
    View details
    60 Winter St
    APARTMENT HOUSE (5+ UNITS)

    60 Winter St, Delaware, OH 43015-1935

    Value Estimation by Request
    4,726 sqft 0.29 AC lot
    View details
    60 Griswold St
    APARTMENT HOUSE (5+ UNITS)

    60 Griswold St, Delaware, OH 43015-1772

    Value Estimation by Request
    4,230 sqft 0.27 AC lot
    View details
    224 Un St
    APARTMENT HOUSE (5+ UNITS)

    224 Un St, Delaware, OH 43015-1780

    Value Estimation by Request
    3,066 sqft 0.15 AC lot
    View details
    241 Sandusky St
    APARTMENT HOUSE (5+ UNITS)

    241 Sandusky St, Delaware, OH 43015-1668

    $705,000
    Estimated value
    5,190 sqft 0.30 AC lot
    View details
    225 Sandusky St
    MOBILE HOME PARK, TRAILER PARK

    225 Sandusky St, Delaware, OH 43015-2622

    Value Estimation by Request
    0.82 AC lot
    View details
    225 Sandusky St
    MOBILE HOME PARK, TRAILER PARK

    225 Sandusky St, Delaware, OH 43015-2622

    Value Estimation by Request
    2.16 AC lot
    View details
    2000 Us Hwy 23rd N
    MOBILE HOME PARK, TRAILER PARK

    2000 Us Hwy 23rd N, Delaware, OH 43015-8803

    Value Estimation by Request
    4.00 AC lot
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    2000 Us Hwy 23rd N
    MOBILE HOME PARK, TRAILER PARK

    2000 Us Hwy 23rd N, Delaware, OH 43015-8803

    Value Estimation by Request
    7.44 AC lot
    View details
    510 Sunbury Rd
    MOBILE HOME PARK, TRAILER PARK

    510 Sunbury Rd, Delaware, OH 43015-8677

    Value Estimation by Request
    840 sqft 4.67 AC lot
    View details
    1 Ravine Rdg Dr
    MOBILE HOME PARK, TRAILER PARK

    1 Ravine Rdg Dr, Delaware, OH 43015-2879

    Value Estimation by Request
    31.12 AC lot
    View details
    376 Park Ave
    APARTMENT HOUSE (5+ UNITS)

    376 Park Ave, Delaware, OH 43015-2456

    Value Estimation by Request
    3,948 sqft 0.46 AC lot
    View details
    28 Central Ave
    APARTMENT HOUSE (5+ UNITS)

    28 Central Ave, Delaware, OH 43015-2099

    Value Estimation by Request
    3,260 sqft 0.19 AC lot
    View details
    121 Washington St
    APARTMENT HOUSE (5+ UNITS)

    121 Washington St, Delaware, OH 43015-1750

    Value Estimation by Request
    5,692 sqft 0.45 AC lot
    View details

    Delaware, OH Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Delaware, OH, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 34,433 square feet of properties for sale, with an estimated market value of $1,924,850.

    Sale prices for residential income properties in Delaware, OH start at $499,950, averaging $641,616, and reaching up to $799,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    Apartment buildings 2
    Duplexes 1

    Demographics Overview

    Population 59K
    Population Growth (5Y) +6.4%
    Median Household Income $99,622
    College Educated 65.5%

    High-Yield Neighborhoods for Investment

    Identify Delaware submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    43015 $720.8K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Delaware County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Delaware fall within the 10,000 to 25,000 square foot range.

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