$389,900
81 Park Avenue
Delaware, OH 43015
MLS# 226033168



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Property Description
Discover a rare opportunity to own a stunning brick Italianate duplex in the heart of historic Delaware, just steps from everything downtown has to offer and bordering the picturesque campus of Ohio Wesleyan University. Blending timeless architectural charm with extensive modern updates, this beautifully maintained property is an exceptional addition to any investment portfolio or the perfect opportunity for an owner-occupant seeking supplemental rental income. Since 2014, both units have undergone comprehensive renovations, including beautifully updated kitchens and bathrooms, new flooring, replacement windows, updated plumbing supply lines and drains, new hot water tanks, an upgraded gutter system, and numerous new interior and exterior doors. The result is a move-in-ready property that offers classic character with the peace of mind of modern improvements. Each unit is currently leased for $1,500 per month plus utilities, providing a strong and consistent income stream from day one. The spacious first-floor unit offers two bedrooms, two full baths, expansive living areas, soaring ceilings, and abundant natural light that showcases the home's historic charm. Upstairs, the equally inviting second-floor unit features two bedrooms, one full bath, an updated kitchen, and includes all kitchen appliances plus a washer and dryer. Whether you're looking to expand your investment portfolio with a quality, turn-key asset generating $3,000 per month plus utilities in gross rental income, or you're seeking a beautifully restored historic property in an unbeatable location, this exceptional duplex delivers the perfect combination of location, character, extensive renovations, and long-term value in one of Delaware's most desirable neighborhoods.

Details
Maps
General Property Info
Number of Units: 2
Building Sqft: 2668
Year Built: 1880
Built Prior to 1978: Yes
Lot Size (Side): 103
Acreage: 0.1
Tax Info
Parcel #: 519-433-09-010-000
Tax Year: 2025
Tax Abatement: No
Taxes (Yrly): 5821
2 Bedroom
2 Bedroom # of Units: 2
2 Bedroom Month Rent Per Unit: 1500
Auction Info
Auction/Online Bidding Y/N: No
Location Property Info
Original List Price: 389900
List Price: $389,900
Property Sub Type: Duplex
Street #: 81
Street Name: Park
Street Suffix: Avenue
County: Delaware
State: OH
Zip Code: 43015
School District: DELAWARE CSD 2103 DEL CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2026-09-01
Property Features
Addl Acceptance Cond: None Known
Parking Features: On Street
Construction: Brick
Water Source: Public
Sewer: Public Sewer
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Rich Russo Realty & Co.
Listing Agent: Richard Russo

Last Updated: September - 01 - 2026

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