211 Clara Court, Louisville, OH 44641
MULTI_FAMILY - Louisville, OH
- Added:
- Jun 19, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 22 at 11:06 pm
Property Features for 211 Clara Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 8, Basement, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Laundry Room, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 6, Bedroom 2
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 03600978
- Size
- 3,618 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1639 - 90'WE
- Tax Annual Amount
- 4480
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Metal
Listing agent Becky Thompson License #2012003329 (330) 418-4206
Listing office Another Listing LLC 10594 Louisville Street, Louisville, OH (330) 871-8235
Listing date Jun 19, 2026
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.
HighLights
- Fourplex on a quiet cul‑de‑sac in Louisville; same owner for 40+ years
- Year built 1962 with brick construction
- Recent metal roof installed within the last 10 years
- All‑gas heat with natural gas and forced‑air heating
- Public water and public sewer
- Large, dry basements with washer/dryer hookups; showers in each unit
Overview
The building is located on a quiet cul-de-sac at 211 Clara Court in Louisville, Ohio. It sits on a 0.126-acre lot. The property has a mix of occupancy, with one unit currently vacant while three units are on month-to-month terms and occupied by long-term tenants.
For buyers, this setup can support owner-occupancy given that the property is described as FHA-financeable with owner-occupancy. The combination of baseline in-unit amenities and landlord-provided appliances (in most units), along with shared building improvements like the relatively new roof, may appeal to operators looking for a small residential rental with straightforward configurations.
Local 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 | $44.7k | $12.36 |
| − Vacancy | −$1.5k | −$0.41 |
| EGI | $43.2k | $11.95 |
| − OpEx | −$13.0k | −$3.58 |
| NOI | $30.3k | $8.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Stark
- State
- Ohio
- Longitude
- -81.260424
- Latitude
- 40.847012
