$275,000
226 Lake Street
Delaware, OH 43015
MLS# 226020629



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Property Description
Fully renovated duplex in the heart of Delaware offering flexibility for investors and owner-occupants alike. The property underwent a comprehensive renovation in 2014 and 2015, including updated electrical wiring throughout, updated water and drain lines, replacement windows, and numerous improvements designed for long-term ownership and low-maintenance operation. Both units feature private exterior entrances. The lower unit offers access from both the front and side of the home, a vaulted ceiling in the primary bedroom, and soundproofing between the lower bedroom and the upper unit. Washers and dryers convey with the property. The detached one-car garage can be wired to either unit. Both units are currently occupied on month-to-month leases, creating an opportunity for immediate rental income while maintaining flexibility for future occupancy or rent adjustments. Conveniently located near downtown Delaware, shopping, dining, parks, and major commuter routes. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this duplex presents a unique opportunity in one of Central Ohio's growing markets.

Details
Maps
Documents
Location & Property Info
List Price/SqFt: 150.11
City (Mailing Addr): Delaware
Corp LimitPerAuditor: Delaware
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 1832
Lot Size (Side): 223
Number of Units: 2
Year Built: 1901
Acreage: 0.34
Tax Info
Tax Abatement: No
Taxes (Yrly): 3067
Parcel #: 519-431-31-005-000
Tax Year: 2025
Remarks & Misc
Property Description: Fully renovated duplex in the heart of Delaware offering flexibility for investors and owner-occupants alike. The property underwent a comprehensive renovation in 2014 and 2015, including updated electrical wiring throughout, updated water and drain lines, replacement windows, and numerous improvements designed for long-term ownership and low-maintenance operation. Both units feature private exterior entrances. The lower unit offers access from both the front and side of the home, a vaulted ceiling in the primary bedroom, and soundproofing between the lower bedroom and the upper unit. Washers and dryers convey with the property. The detached one-car garage can be wired to either unit. Both units are currently occupied on month-to-month leases, creating an opportunity for immediate rental income while maintaining flexibility for future occupancy or rent adjustments. Conveniently located near downtown Delaware, shopping, dining, parks, and major commuter routes. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this duplex presents a unique opportunity in one of Central Ohio's growing markets.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
1 Bedroom
1 Bedroom # of Units: 1
2 Bedroom
2 Bedroom # of Units: 1
Parking Features
1 Car Garage: 1
Detached Garage: 1
Sewer
Public Sewer: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 275000
List Price: $275,000
Property Sub Type: Duplex
Street #: 226
Street Name: Lake
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: 2026-06-07
Property Features
Addl Acceptance Cond: None Known
Parking Features: 1 Car Garage; Detached Garage
Sewer: Public Sewer
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Red 1 Realty
Listing Agent: Abigail E Swihart Valentine

Last Updated: June - 12 - 2026

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