Brick Side-by-Side
1055 Kerns Drive NE Bolivar, OH 44612
For Sale
$214,900
Pending
MULTI_FAMILY - Bolivar, OH
Property Size1,664 SF
Lot Size0.40 Acres
Days on Market49
Property Features for 1055 Kerns Drive NE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3
Parking features
Garage, Driveway
Standard status
Pending
APN
3403475000
Size
1,664 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
2 10 1 .3985A
Tax Annual Amount
2573
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Building materials
Brick
Roof type
Asphalt
Listing Agency:
Cutler Real Estate
(330) 492-7230
Listed By:
Peggy S Skakun · License #426178
(330) 412-1130
Added: Jun 11
Changed: Jul 28
Last Checked: Jul 29 at 6:06AM
MLS# 5218414
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick ranch side-by-side duplex offers two separate units, each featuring two bedrooms and a 1-car attached garage. Unit B includes two full baths. The property is described as well maintained with updates that include flooring, a heat pump, furnace, thermostat, gutters, downspouts, and ground drains. A cement driveway provides additional parking.
Located in Bolivar, Ohio in Tuscarawas County, the property is noted as convenient to interstate access as well as shopping and restaurants.
For buyers seeking a residential income property, the layout provides two units with attached garages, and the documented updates to both interior finishes and key systems can support day-to-day ownership. Unit B’s additional full bath may also be helpful for tenant preference and leasing flexibility, based on the property’s current configuration.
Located in Bolivar, Ohio in Tuscarawas County, the property is noted as convenient to interstate access as well as shopping and restaurants.
For buyers seeking a residential income property, the layout provides two units with attached garages, and the documented updates to both interior finishes and key systems can support day-to-day ownership. Unit B’s additional full bath may also be helpful for tenant preference and leasing flexibility, based on the property’s current configuration.
Key Highlights
- Brick ranch side‑by‑side duplex built in 1980 with two separate units
- Each unit has 2 bedrooms and 1 attached 1‑car garage
- Unit B includes 2 full bathrooms
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $12.72 |
| − Vacancy | −$1.5k | −$0.91 |
| EGI | $19.7k | $11.81 |
| − OpEx | −$5.9k | −$3.54 |
| NOI | $13.8k | $8.27 |
1,664 SF · lease $12.72/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$196.6K
$172.0K – $229.4K
NOI $13,761 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$174.1K
$152.4K – $203.2K
NOI $12,190 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$310.1K
$271.3K – $361.8K
NOI $21,706 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Side-by-side duplex with two 2-bedroom units, each with a 1-car attached garage and recent exterior and mechanical updates.
Where is this duplex located?
The property is located at 1055 Kerns Drive NE Bolivar, OH.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Brick ranch side‑by‑side duplex built in 1980 with two separate units; Each unit has 2 bedrooms and 1 attached 1‑car garage; Unit B includes 2 full bathrooms
