Duplex with Two Residential
123 E North Street Piqua, OH 45356
123 E North Street, Piqua, OH, 45356
$199,900
For Sale
$199,900
MULTI_FAMILY - Piqua, OH
Property Size2,200 SF
Lot Size0.09 Acres
Price / SF$90.86
Days on Market103
Property Features for 123 E North Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2
- Patio and Porch features
- Porch
- Basement
- Unfinished
- Standard status
- Active
- APN
- N44002950
- Size
- 2,200 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick, Vinyl Siding
Listing agency
RE/MAX Alliance Realty Inc.
(937) 898-4400
Listed by
Paolina Quafisi · License #0000376693
(937) 898-4400
Added: Apr 12 Updated: Jun 8 at 5:33PM Checked: Jul 23 at 2:06AM
MLS# 1044915
Copyright © 2026 West Metro Board of REALTORS®. 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 for-sale duplex includes two separate residential units. The lower unit has three bedrooms, one full bathroom, and a large eat-in kitchen, with access to a 1-car garage. The upper unit offers one bedroom and one full bathroom, providing a separate, self-contained living option within the same property.
The property is located at 123 E North Street in Piqua, Ohio (Miami County). With two distinct units, the layout supports different living arrangements while keeping day-to-day operations contained to one property.
The configuration is well suited for owner-occupants who want more space downstairs while generating rental income from the upper unit. It can also appeal to investors seeking a straightforward duplex setup with a larger family-oriented unit paired with a smaller, single-bedroom unit. The property’s practical two-level structure makes it a manageable option for those looking for multi-family housing with clear separation between tenants.
The property is located at 123 E North Street in Piqua, Ohio (Miami County). With two distinct units, the layout supports different living arrangements while keeping day-to-day operations contained to one property.
The configuration is well suited for owner-occupants who want more space downstairs while generating rental income from the upper unit. It can also appeal to investors seeking a straightforward duplex setup with a larger family-oriented unit paired with a smaller, single-bedroom unit. The property’s practical two-level structure makes it a manageable option for those looking for multi-family housing with clear separation between tenants.
Key Highlights
- Duplex with lower unit offering 3 bedrooms, 1 full bath, and a large eat‑in kitchen
- Upper unit features 1 bedroom and 1 full bath for additional rental income
- Includes access to a 1‑car garage
Local Financial Insights For Apartment 5plus
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 | $33.8k | $15.36 |
| − Vacancy | −$2.2k | −$1.00 |
| EGI | $31.6k | $14.36 |
| − OpEx | −$14.2k | −$6.46 |
| NOI | $17.4k | $7.90 |
2,200 SF · lease $15.36/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$284.9K
$249.3K – $332.4K
NOI $19,941 @ 7.0% cap · market cap 9.98%
Second Best
Apartment 5plus
$248.3K
$217.2K – $289.6K
NOI $17,378 @ 7.0% cap · market cap 8.69%
Theoretical Best
Office A
$448.4K
$392.3K – $523.1K
NOI $31,386 @ 7.0% cap · market cap 15.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex for sale, featuring a 3-bedroom lower home with garage access and a separate 1-bedroom upper unit.
Where is this duplex located?
The property is located at 123 E North Street Piqua, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Duplex with lower unit offering 3 bedrooms, 1 full bath, and a large eat‑in kitchen; Upper unit features 1 bedroom and 1 full bath for additional rental income; Includes access to a 1‑car garage
