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229 N Sandusky Street, 
Delaware, OH 43015

$650,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Brett A Ludwig

Verti Commercial Real Estate L

380-215-6046

Last updated:

May 27, 2026, 02:52 PM

MLS#

226010614

Source:

OH CBR

About This Home

229 N Sandusky Street

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 strong 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.

Home Facts

Multi-Family

Built in 1901

Price Summary

650,000

MLS #:

226010614

Last Updated:

May 27, 2026, 02:52 PM

Added:

1 month(s) ago


Structure

Structure

Year Built:

1901


Finances & Disclosures

Finances

Price:

$650,000

Source:OH CBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Quest shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.