2098 US Highway 42 S, Delaware, OH 43015

$2,200,000
Property Type: Multi-Family Lot Size (sq. ft.): 209,959 Status: Active
Current Price: $2,200,000 List Date: 12/23/2024 Last Modified: 12/11/2025

Overview

Description

All units completely remodeled, now on city water and 100% Occupied. 4 Buildings; 1 Building up front; 3 Buildings in rear, a combination of single story and town homes with one, two and three bedrooms. Located just outside of Delaware, off US 23, between Sawmill Parkway and London Rd, on US 42

Listing Details MLS# 223020399

Location Property Info

Original List Price
2400000
Property Sub Type
Mixed Use
Street #
2098
Street Name
US Highway 42
Street PostDirection
S
County
Delaware
State
OH
Zip Code
43015
School District
DELAWARE CSD 2103 DEL CO.
Township
Delaware

OfficeContract Info

MLS Entry Date
2023-06-30

General Property Info

Number of Units
15
Building Sqft
13087
Year Built
1901
Built Prior to 1978
Yes
Acreage
4.82

Tax Info

Parcel #
419-210-07-006-000
Tax Year
2022
Tax Abatement
No
Taxes (Yrly)
27076.6

1 Bedroom

1 Bedroom # of Units
4

2 Bedroom

2 Bedroom # of Units
9

More Information

3 Bedroom

3 Bedroom # of Units
2

Financials

Financials ForYearOf
2024
Gross Rental Income
232200

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
168.11
City (Mailing Addr)
Delaware
Corp LimitPerAuditor
None

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
All units completely remodeled, now on city water and 100% Occupied. 4 Buildings; 1 Building up front; 3 Buildings in rear, a combination of single story and town homes with one, two and three bedrooms. Located just outside of Delaware, off US 23, between Sawmill Parkway and London Rd, on US 42

Income/Expenses

Gross Income
232200
Net Operating Income
188140.7
Total Expenses
44059.3

Addl Acceptance Cond

None Known
Yes

Tenant Pays

Water
Yes
Electricity
Yes

Heating

Forced Air
Yes

New Financing

Conventional
Yes
Land Contract
Yes
Owner Financing
Yes

Air Conditioning

Central Air
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Tenant Pays: Electricity; Water Heating: Forced Air Air Conditioning: Central Air New Financing: Conventional; Land Contract; Owner Financing MLS Primary PhotoSrc: Realtor Provided
Listing Office: Coldwell Banker Realty
Listing Agent: Jae Billiter
Last Updated: December - 11 - 2025
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