53 Neil Street, Delaware, OH 43015
New Listing
$1,650,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
29,621
Status:
Active
Current Price:
$1,650,000
List Date:
3/19/2026
Last Modified:
3/22/2026
Description
Presenting a rare opportunity to acquire a stabilized 15-unit residential building in Delaware, Ohio. This property consists of 14 well-appointed two-bedroom units and one efficiency unit. Recent interior capital improvements include the installation of modern shaker cabinetry and luxury vinyl plank flooring, ensuring a premium rental rate and long-term tenant retention.
The building features a dedicated coin-operated laundry facility, providing essential services to residents and supplemental income for the owner. Professionally maintained and strategically located within a high-growth corridor, this asset offers a perfect blend of immediate yield and long-term appreciation. Member of LLC is a Licensed Real Estate Agent in the State of Ohio.
Supplements: ********
More Information MLS# 225044430
Location & Property Info
City (Mailing Addr): Delaware
Corp LimitPerAuditor: Delaware
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Number of Units: 15
Year Built: 1971
Acreage: 0.68
Tax Info
Tax Abatement: No
Taxes (Yrly): 18731
Parcel #: 419-122-01-020-000
Tax Year: 2024
Remarks & Misc
Property Description: Presenting a rare opportunity to acquire a stabilized 15-unit residential building in Delaware, Ohio. This property consists of 14 well-appointed two-bedroom units and one efficiency unit. Recent interior capital improvements include the installation of modern shaker cabinetry and luxury vinyl plank flooring, ensuring a premium rental rate and long-term tenant retention.
The building features a dedicated coin-operated laundry facility, providing essential services to residents and supplemental income for the owner. Professionally maintained and strategically located within a high-growth corridor, this asset offers a perfect blend of immediate yield and long-term appreciation. Member of LLC is a Licensed Real Estate Agent in the State of Ohio.
Income/Expenses
Gross Income: 15000
Net Operating Income: 7500
Total Expenses: 7500
Addl Acceptance Cond
None Known: 1
Construction
Brick: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Hot Water: 1
Air Conditioning
Central Air: 1
Window Unit(s): 1
MLS Primary PhotoSrc
Realtor Provided: 1
Lease Information
Was Leased: No
Leased Date: 2026-01-28
Location Property Info
Original List Price: 2000000
List Price: $1,650,000
Property Sub Type: Townhouse
Street #: 53
Street Name: Neil
Street Suffix: Street
County: Delaware
State: OH
Zip Code: 43015
School District: DELAWARE CSD 2103 DEL CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2025-12-01
Property Features
Addl Acceptance Cond: None Known
Heating: Hot Water
Air Conditioning: Central Air; Window Unit(s)
Construction: Brick
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
The Columbus Agents
Listing Agent:
Trent Ecklar
Last Updated: March - 22 - 2026
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