215 W College St, Oberlin, OH 44074

Attention cash investors and experienced buyers—this is a rare opportunity to acquire a spacious multifamily property in need of rehabilitation, ideally positioned in a highly desirable community known for beautiful, high value well-cared-for homes. Located near highways, shopping, and Oberlin College, this former architecturally elegant duplex offers exceptional upside and flexibility. Currently configured with 4 bedrooms, a kitchen, and a bath on each level (8 beds/2 baths total), the layout was designed to maximize rental income and is also well suited for multigenerational living or an owner-occupant looking to live in one unit while generating income from the other. With its generous footprint and classic design, the property could be reimagined as a true multi-unit investment or converted into a large single-family residence. This is an excellent fix-and-flip or long-term hold opportunity for investors seeking reliable future rental income in a strong location. 2 new furnaces. Separate gas and electric. Easy to show—call for details. No wholesalers, no owner financing. Serious, qualified cash buyers only. Easy to show.