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281 E Central Ave, Delaware, OH, 43015

2beds
2baths
1,739sqft
$239,900
$138price/sqft
$1,808/moest. monthly cost
$72,320/yrincome needed

About This Home

Location, flexibility, and recent upgrades come together in this close-to-downtown property, perfectly suited as a primary residence or easily converted back into an income producing duplex. Leave your car keys behind because you are just a short stroll from the vibrant dining, shopping, and entertainment of downtown Delaware, as well as local schools and the public library. The highly flexible layout features a main level with the primary bedroom, an updated full bathroom, an updated kitchen, dining room, and a front living room that can easily convert into an additional main-floor bedroom with minimal effort. Upstairs could function as a fully independent living suite complete with its own bedroom, full bath, living room, and kitchenette, making it the ultimate setup for a tenant, multi-generational living, or a guest suite. Recent improvements offer peace of mind, including a new roof completed in July 2025, a new main water line from the road, and a new garage door. This oversized 24'x24' 2 car garage provides abundant storage and extra off-street parking accessed via the convenient rear alley. Properties with this level of versatility are incredibly rare, so schedule your private showing today and unlock this home's full potential!

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

6/10
8/10
7/10

Construction

Condition

  • Year built: 1901

Materials

  • Foundation: Stone

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Gas Water Heater,Humidifier,Refrigerator
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Cellar

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Features

  • Window features: Insulated Part
  • Flooring: Wood,Laminate,Ceramic/Porcelain
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 1,739
  • Total interior livable area: 1,739 sqft

Property

Details

  • Parcel number: 51944220011000

Features

  • Levels: One and One Half

Lot

  • Lot size: 6,534 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$83$996
Property Taxes $319$3,828
Electricity $193$2,320
Total$1,808$21,696
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,988/yr
40% on housing$54,240/yr
45% on housing$48,213/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.3%
0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 43015$201
Delaware County$264

vs Homes Sold Last Month

Median $/sqft

ZIP 43015$195
Delaware County$206

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Price change$239,900
2026-07-02Listed for sale$245,000
2025-07-30Sold$192,000
2025-07-02Contingent$199,900
2025-06-30Price change$199,900
2025-06-20Listed for sale$219,900
2025-06-14Contingent$229,900
2025-05-27Price change$229,900
2025-05-18Listed for sale$239,900
2008-10-16Sold$39,500
2008-08-19Price change$44,910
2008-07-17Listed for sale$49,900
2008-04-09Sold$50,000

For Sale by Agent

AgentJoshua E Seymour
BrokerageRE/MAX Affiliates, Inc.

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