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32 Romaine Avenue, Boardman, OH, 44512
Duplex with Separate Utilities

32 Romaine Avenue Boardman, OH 44512

For Sale
Under Contract
$209,900

MULTI_FAMILY - Boardman, OH

Property Size2,138 SF
Lot Size0.17 Acres
Price / SF$98.18
Days on Market50

Property Features for 32 Romaine Avenue

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
Standard status Active Under Contract
APN 29-004-0-094.00-0
Size 2,138 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 44 75 X 100 MABEL B CLEVER REPLAT
Tax Annual Amount 2184

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Separate Meters, Central Air
Water source Public

Building Details

Year built 1912
Floors in Building 2
Building materials VinylSiding
Roof type Asphalt, Fiberglass
Listing Agency: CENTURY 21 Lakeside Realty
Listed By: Amanda Silvestri · License #2025004113
Added: Jun 11 Changed: Jul 28 Last Checked: Jul 30 at 9:06AM
MLS# 5218314

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 well-maintained duplex includes two separate residential units. Each unit offers two bedrooms, one full bathroom, large bedrooms, and generously sized kitchens with ample cabinet and counter space. The layout provides separate entrances along with garage bays and dedicated parking areas for each unit. For climate control and utility management, each unit has its own furnace and central air conditioning, and the gas and electric are separately metered.

The property sits on a landscaped lot in Boardman, Ohio, and is described as being centrally located near shopping, dining, parks, medical facilities, and major commuter routes. It is also noted to be within the Boardman Local School District.

Designed for low-interruption ownership and practical day-to-day management, the duplex setup supports flexible occupancy. An owner can live in one unit while renting the other, or rent both units under a shared ownership structure. The separate entrances, private parking/garage access, and individually controlled utilities help maintain tenant convenience and reduce cross-unit impact.

Key Highlights

  • Duplex built in 1912 featuring vinyl siding and an asphalt/fiberglass roof
  • 2 units with 2 bedrooms and 1 full bathroom each, including large bedrooms and generously sized kitchens
  • Separate entrances with dedicated parking and garage bays for privacy for each unit

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 $21.8k $10.20
− Vacancy −$1.2k −$0.58
EGI $20.6k $9.62
− OpEx −$6.2k −$2.89
NOI $14.4k $6.73
2,138 SF · lease $10.20/SF/yr · vacancy 5.68% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$205.7K
$180.0K – $240.0K (±1% cap)
NOI $14,398 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$189.5K
$165.8K – $221.1K (±1% cap)
NOI $13,267 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$403.5K
$353.0K – $470.7K (±1% cap)
NOI $28,242 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Electrical Service Law Firm (Bike/Boat/Book/etc) Store Plumbing Service Storage Facility

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two 2-bedroom units with separate entrances, parking, and individually metered gas and electric.
Where is this duplex located?
The property is located at 32 Romaine Avenue Boardman, OH.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Duplex built in 1912 featuring vinyl siding and an asphalt/fiberglass roof; 2 units with 2 bedrooms and 1 full bathroom each, including large bedrooms and generously sized kitchens; Separate entrances with dedicated parking and garage bays for privacy for each unit
More about this property
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