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229 N Sandusky Street

Delaware, OH 43015
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Introducing a prime investment opportunity in the heart of Delaware, OH. This distinguished property features a 3,525 SF building comprising 7 units, offering an ideal scenario for Multifamily investors. Built in 1901 and newly renovated in 2025, the property combines historic charm with modern comfort and the numbers back it up. Currently 100% occupied, this asset has been extensively upgraded, with 6 of 7 units renovated within the last two years and over $90,000 in capital expenditures deployed throughout the property. New ownership steps in with the heavy lifting largely behind them a well-maintained asset with significant recent investment already in place. Delaware is one of Central Ohio's fastest-growing cities, consistently ranked among the best places to live in the state. With st rong population growth, a tight rental market, and its proximity to Columbus, demand for quality housing here isn't slowing down. With desirable R-NX zoning, a fully stabilized rent roll, and a truly turnkey profile, this is the rare opportunity where you can own a performing asset in a high-trajectory market from day one. Discover the thriving community surrounding the property in Delaware, OH. Nestled in the heart of the historical downtown area, the location offers a quaint small-town atmosphere with modern amenities. Enjoy a variety of local restaurants, boutique shops, and cultural attractions within walking distance. Nearby attractions such as the Ohio Wesleyan University and Mingo Park provide recreational and educational opportunities for residents. With a strong sense of community and a prime location, the area presents an excellent investment opportunity for Multifamily / Low-Rise/Garden investors seeking to capitalize on the charm and convenience of Delaware, OH.

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Detail Ic Property Details

Property Type : Residential Income

Price : $625,000

AD Id : 76825063

MLS Id : 226010614

Year Built : 1901

County : Delaware

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Feature Features

  • Building Information

    Year Built: 1901 Private Pool: No

  • Listing Price Information

    Listing Price: $625000 Original Price: $750000

  • Tax Information

    Parcel Number: 519-432-01-029-000

  • Parking Information

    Parking Total: 9
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4972 Leonardsburg Road, Delaware, OH, 43015 $499,000 4 2 1,862 1,862 SqFt
2515 Lackey Meadows Drive, Delaware, OH, 43015 $599,900 3 4 4,544 4,544 SqFt
3995 Berlin Station Road, Delaware, OH, 43015 $649,900 4 3 3,992 3,992 SqFt
420 Lackey Old State Road, Delaware, OH, 43015 $1,599,999 5 4 5,045 5,045 SqFt
3872 Whispering Creek L.., Delaware, OH, 43015 $750,000 4 3 3,738 3,738 SqFt
2690 Red Robin Way, Delaware, OH, 43015 $899,900 5 5 4,406 4,406 SqFt
4060 Berrywood Drive, Delaware, OH, 43015 $615,000 3 4 4,246 4,246 SqFt
2969 Annabel Way, Delaware, OH, 43015 $749,900 4 4 4,762 4,762 SqFt
3220 Blantons Pass, Delaware, OH, 43015 $749,900 5 4 4,500 4,500 SqFt
2225 Whitehill Drive, Delaware, OH, 43015 $679,900 5 5 4,606 4,606 SqFt

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ByOwner last updated this listing 06/12/2026 @ 14:33

MLS: 226010614 LISTED BY: Brett Ludwig, Verti Commercial Real Estate L 380-215-6046 SOURCE: Columbus and Central Ohio Regional MLS

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