$300,000
166 N Sandusky Street
Delaware, OH 43015
MLS# 225026969
Status: Closed

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20250709_110954~2 Apt A-Entry Apt A-Kitchen Apt A-Dining Room Apt A-Dining Room Apt A - Bedoom 1 Apt A-Living Room Apt A-Living Room 2 Apt A-Bathroom Apt A Bedroom 2 Apt A - Stairway UP Apt B - Living Room Apt B-Living Room Apt B - Living Rm-Kitchen Apt B-Kitchen 2 Apt B-Kitchen Apt B-Bath Apt B - Bath Apt B-Bedroom Apt B Bdrm-Laundry Apt C Living Room Apt C-Kitchen Apt C Bedroom Apt C Bedroom 2 Apt C Bath Apt C Bedroom 2 Apt D Living Area Apt D - Living Area Apt D Kitchen Apt D Bath Apt D Shower 166 N Sandusky Mechanicals 166 N Sandusky - Furnace 166 N Sandusky - Hot Water Tank 166 N Sandusky Basement Storage 166 N Sandusky-Back Yard

Property Description
4-Unit Multi-Family Property in Downtown Delaware - Excellent Investment Opportunity! This spacious 4-unit property, offering nearly 2,700 sq. ft., is ideally located just a short walk from downtown Delaware, providing easy access to shopping, dining, and entertainment. With strong rental income potential and a recent history of updates, this property is a must-see for any investor looking to expand their portfolio. Apt A - 2 BR/1 BA - Rent is $1200/month, Apt. B - 1 BR/1 BA - Rent is $550/month, Apt. C - 2 BR/1 BA - Rent is $775/month, Apt. D - Studio/Efficiency - Rent is $500/month. All units are separately metered for electricity and gas, with tenants covering all utilities except for water, sewer, and trash (owner charges $25/month to cover these expenses). On-street parking is available in front, with additional off-street parking in the rear gravel lot. Recent updates include a new roof (2024), replacement of 7 windows in the past two years, new water heater for Apt. D, renovated bathroom in Apt. D within the last year, and new flooring in Apt. D. Leases are available through the MLS documents, and showing instructions are provided in the A2A remarks. Whether you're looking to manage the property long-term or looking for a turn-key investment, this is an excellent opportunity to secure a reliable income stream in a desirable area!

Details
Maps
Documents
Location & Property Info
List Price/SqFt: 118.87
City (Mailing Addr): Delaware
Corp LimitPerAuditor: Delaware
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 1
Built Prior to 1978: Yes
Building Sqft: 2692
Lot Size (Side): 199
Use Code: 401 - APARTMENT:4-19 UNITS
Number of Units: 4
Year Built: 1901
Acreage: 0.24
Tax Info
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 4891
Tax Incentive: No
Parcel #: 519-431-05-016-000
Tax Year: 2024
Remarks & Misc
Property Description: 4-Unit Multi-Family Property in Downtown Delaware - Excellent Investment Opportunity! This spacious 4-unit property, offering nearly 2,700 sq. ft., is ideally located just a short walk from downtown Delaware, providing easy access to shopping, dining, and entertainment. With strong rental income potential and a recent history of updates, this property is a must-see for any investor looking to expand their portfolio. Apt A - 2 BR/1 BA - Rent is $1200/month, Apt. B - 1 BR/1 BA - Rent is $550/month, Apt. C - 2 BR/1 BA - Rent is $775/month, Apt. D - Studio/Efficiency - Rent is $500/month. All units are separately metered for electricity and gas, with tenants covering all utilities except for water, sewer, and trash (owner charges $25/month to cover these expenses). On-street parking is available in front, with additional off-street parking in the rear gravel lot. Recent updates include a new roof (2024), replacement of 7 windows in the past two years, new water heater for Apt. D, renovated bathroom in Apt. D within the last year, and new flooring in Apt. D. Leases are available through the MLS documents, and showing instructions are provided in the A2A remarks. Whether you're looking to manage the property long-term or looking for a turn-key investment, this is an excellent opportunity to secure a reliable income stream in a desirable area!
Status Change Info
Sold Price/SqFt: 111.44
Under Contract Date: 2025-07-25
Sold Date: 2025-07-31
Sold Price: $300,000
Income/Expenses
Gross Income: 36300
Net Operating Income: 20329
Total Expenses: 15971
Addl Acceptance Cond
None Known: 1
Efficiency
Efficiency # of Units: 1
Efficiency Month Rent Per Unit: 500
Expenses
R.E. Taxes: 4821
Property Insurance: 5483
Repairs&Maintenance: 4230
Water Expense: 1438
1 Bedroom
1 Bedroom # of Units: 1
1 Bedroom Month Rent Per Unit: 550
2 Bedroom
2 Bedroom # of Units: 2
2 Bedroom Month Rent Per Unit: 1200775
Construction
Frame: 1
Heat Fuel
Gas: 1
Parking Features
On Street: 1
Common: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Miscellaneous
Basement: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Conventional: 1
FHA: 1
Air Conditioning
Window Unit(s): 1
None: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 320000
Sold Price: $300,000
Property Sub Type: Mixed Use
Street #: 166
Street PreDirection: N
Street Name: Sandusky
Street Suffix: Street
County: Delaware
State: OH
Zip Code: 43015
School District: DELAWARE CSD 2103 DEL CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2025-07-21
Property Features
Addl Acceptance Cond: None Known
Parking Features: On Street; Common
Owner Pays: Sewer; Trash; Water
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Window Unit(s); None
Construction: Frame
Water Source: Public
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Basement; W/D Hookups
New Financing: Conventional; FHA
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Services
Listing Agent: Heather R Kamann

Last Updated: July - 31 - 2025

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.

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