53 Neil Street, Delaware, OH 43015
$1,550,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
29,621
Status:
Active
Current Price:
$1,550,000
List Date:
3/19/2026
Last Modified:
4/02/2026
Overview
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.
Listing Details MLS# 225044430
Location Property Info
- Original List Price
- 2000000
- 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
- MLS Entry Date
- 2025-12-01
General Property Info
- Number of Units
- 15
- Year Built
- 1971
- Built Prior to 1978
- Yes
- Acreage
- 0.68
Tax Info
- Parcel #
- 419-122-01-020-000
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 18731
Auction Info
- Auction/Online Bidding Y/N
- No
Lease Information
- Was Leased
- No
- Leased Date
- 2026-01-28
More Information
Location & Property Info
- City (Mailing Addr)
- Delaware
- Corp LimitPerAuditor
- Delaware
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
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
- Yes
Construction
- Brick
- Yes
Heating
- Hot Water
- Yes
Air Conditioning
- Central Air
- Yes
- Window Unit(s)
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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: April - 02 - 2026
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