81 Park Avenue, Delaware, OH 43015

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.