$329,000
$51K PRICE DROP

40 W Winter St Delaware, OH 43015

Estimated payment $2,205/month

Total Views 8,331
-- Bed
-- Bath
2,890 Sq Ft
$114 Price per Sq Ft

About This Home

Attention all investors! This is the triplex you've been searching for in the heart of charming downtown Delaware. Nestled on Winter Street, this historic property, dating back to 1865, features three distinct units: one efficient unit, along with two spacious 2-bedroom. The prime location allows residents to enjoy the vibrant downtown lifestyle, with easy access to shops, restaurants, and local amenities. With its desirable setting and multiple rental opportunities, this property presents a fantastic investment opportunity for those looking to purchase in the growing market in Delaware.

Listing Agent

Stephanie VanGundy

Howard Hanna Real Estate Services License #2011001734 Listed on: 09/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,018

Year Built

  • Built in 1865

Parking

  • Shared Driveway

Home Design

  • 2,890 Sq Ft Home
  • Mixed Use
  • Frame Construction

Utilities

  • Heating System Uses Gas
  • Gas Available

Additional Features

  • Washer and Dryer Hookup
  • 7,405 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 519-432-23-018-000

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $20,937
  • Gross Income $35,400
  • Net Operating Income $14,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,018

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1865
  • Tax Year: 2024
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.17
  • Total Gross Income: 35400.0
  • Co List Office Phone: 740-833-3241
  • MLS Status: Active
  • Subdivision Name: Northwest Neighborhood
  • Location Property Info List PriceSqFt: 113.84
  • Remarks Misc Hot Sheet Comments: price
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 35400.0
  • Annual Expenses: 20937.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2890.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Remarks Misc Property Description3: Attention all investors! This is the triplex you've been searching for in the heart of charming downtown Delaware. Nestled on Winter Street, this historic property, dating back to 1865, features three distinct units: one efficient unit, along with two spacious 2-bedroom. The prime location allows residents to enjoy the vibrant downtown lifestyle, with easy access to shops, restaurants, and local amenities. With its desirable setting and multiple rental opportunities, this property presents a fantastic investment opportunity for those looking to purchase in the growing market in Delaware.
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Parking Features Shared Driveway2: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Schools

  • Junior High Dist: DELAWARE CSD 2103 DEL CO.

Lot Info

  • Parcel Number: 519-432-23-018-000
  • Lot Size Sq Ft: 7405.2
  • Additional Parcels: No
  • Zoning Description: 530

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 14463.0
  • Annual Operating Expense: 20937.0

Tax Info

  • Tax Annual Amount: 6018.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,018 $124,390 $19,600 $104,790
2023 $6,905 $142,450 $19,600 $122,850
2022 $5,152 $92,300 $13,230 $79,070
2021 $18,297 $92,300 $13,230 $79,070
2020 $5,331 $92,300 $13,230 $79,070
2019 $4,610 $72,350 $11,520 $60,830
2018 $4,673 $72,350 $11,520 $60,830
2017 $4,170 $62,370 $10,360 $52,010
2016 $3,689 $62,370 $10,360 $52,010
2015 $3,710 $62,370 $10,360 $52,010
2014 $3,770 $62,370 $10,360 $52,010
2013 $3,790 $62,370 $10,360 $52,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Price Changed $329,000 -2.9% $114 / Sq Ft
06/29/2025 06/29/25 Price Changed $339,000 -5.6% $117 / Sq Ft
05/16/2025 05/16/25 Price Changed $359,000 -5.5% $124 / Sq Ft
03/24/2025 03/24/25 For Sale $379,900 -- $131 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $159,000 Lawyers Title Agency Of Dela
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,000 Purchase Money Mortgage
Previous Owner $120,000 New Conventional
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225008930

Columbus and Central Ohio Regional MLS

APN: 519-432-23-018-000