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.
For sale
$389,900
81 Park Ave, Delaware, OH 43015
--beds
0baths
--sqft
Duplex
Built in 1880
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Historic charmStunning brick italianate duplexSoaring ceilingsEqually inviting second-floor unitUpgraded gutter systemAbundant natural lightBeautifully updated kitchens
- 31 days
- 538
- 38
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Richard Russo 614-937-8699,
Rich Russo Realty & Co.,
Jennifer R Krohn 614-439-1129,
Rich Russo Realty & Co.
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226033168
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 51943309010000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Delaware
Financial & listing details
- Tax assessed value: $326,900
- Annual tax amount: $5,821
- Date on market: 9/1/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $389,900+18.2% |
Source: | ||
| 6/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/4/2024 | Listed for rent | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 11/18/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/27/2021 | Listed for rent | $1,350 |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/18/2021 | Sold | $330,000+0% |
Source: | ||
| 9/27/2021 | Pending sale | $329,900 |
Source: | ||
| 9/23/2021 | Listed for sale | $329,900+594.5% |
Source: | ||
| 9/5/2014 | Sold | $47,500-20.7% |
Source: | ||
| 6/12/2014 | Price change | $59,900-11.8% |
Source: Better Homes and Gardens Real Estate Big Hill #214021245 Report a problem | ||
| 5/24/2014 | Listed for sale | $67,900 |
Source: Better Homes and Gardens Real Estate Big Hill #214021245 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,821 +5.1% | $114,420 |
| 2024 | $5,536 -0.2% | $114,420 |
| 2023 | $5,546 -14% | $114,420 -0.9% |
| 2022 | $6,448 +135.2% | $115,510 +140.3% |
| 2021 | $2,741 -1.2% | $48,060 |
| 2020 | $2,776 -3.4% | $48,060 +6.5% |
| 2019 | $2,875 -1.4% | $45,120 |
| 2018 | $2,914 +15.7% | $45,120 +11.3% |
| 2017 | $2,518 +5% | $40,540 |
| 2016 | $2,398 +28% | $40,540 +28.7% |
| 2015 | $1,874 -1.6% | $31,500 |
| 2014 | $1,904 -0.5% | $31,500 |
| 2013 | $1,914 -31.1% | $31,500 |
| 2012 | $2,778 +0.6% | $31,500 -33.5% |
| 2011 | $2,761 +17.5% | $47,360 -2% |
| 2010 | $2,350 +0.2% | $48,340 |
| 2009 | $2,345 +2.4% | $48,340 |
| 2008 | $2,292 +2.1% | $48,340 |
| 2007 | $2,245 -0.8% | $48,340 |
| 2006 | $2,264 +16% | $48,340 |
| 2005 | $1,952 | $48,340 |
| 2004 | -- | -- |
| 2003 | $2,929 -0.3% | $38,010 |
| 2002 | $2,939 +13.3% | $38,010 +14.9% |
| 2000 | $2,595 -1.6% | $33,075 |
| 1999 | $2,637 | $33,075 |
Find assessor info on the county website
Monthly payment
Est. payment






