Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    334 Thompson Ave East Liverpool, OH 43920

    Sponsored
    For Sale
    Under Contract
    $115,000

    MULTI_FAMILY - East Liverpool, OH

    Property size:
    3,072 SF
    Lot size:
    0.08 Acres
    Days on Market:
    13
    Last Refresh:
    Feb 2 at 2:06 pm

    Property Features for 334 Thompson Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 3, Basement, Bedroom 6, Bedroom 4, Laundry Room, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 2
    Bedrooms
    6
    Bathrooms
    2
    APN
    3707503000
    Parking features
    On Street
    Size
    3,072 SF
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2
    Building materials
    WoodSiding
    Roof type
    Asphalt, Fiberglass

    We can help!

    Listing Contact
    Zach Underwood

    Underwood & Associates (330) 385-8580

    Listing agent Zach Underwood (330) 932-0665 License #2014000258

    Listing date Jan 21, 2026

    MLS# 5151525 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Renovated Duplex in East Liverpool

    This duplex property features two units, each containing three bedrooms, one bathroom, a kitchen, a dining room, and a basement with a laundry area. Additionally, there is third-floor storage space that could be finished. The property includes a shared front porch, and each unit has a private covered porch accessible from the kitchen at the back of the home. The interiors of both units have been renovated with updated wiring, drywall, one new kitchen, one renovated kitchen, replaced bathrooms, new flooring, and paint. Each unit is equipped with a gas furnace, a hot water tank, a laundry area, and storage space in the basement. Each unit also has its own dedicated water shut-off at the curb. The property is situated on a lot of 0.0808 acres and the building size is 3072 square feet. Both sides of the duplex are currently occupied.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Liverpool
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.57043597
    Latitude
    40.6187844

    Nearby Similar for Sale

    • New
      $120,000
      2,965 SF

      East Liverpool Duplex Investment Opportunity

      Well-maintained duplex near hospital with strong rental or owner-occupant potential.
      400 W 4Th St, East Liverpool, OH 43920
      View Details
    • $215,000
      11.06 Acres

      East Liverpool Land For Sale

      11.06 acre lot available in East Liverpool, Ohio.
      49536 Sunset Dr, East Liverpool, OH 43920
      View Details
    • $1,428,596
      12,406 SF

      Dollar General NNN Lease Property

      NNN leased Dollar General store built in 2014.
      1363 Pennsylvania Ave, East Liverpool, OH 43920
      View Details
    • $255,000
      13,288 SF

      Redevelopment Property with Redevelopment Potential

      Redevelopment property suitable for office, retail, or multifamily use.
      115 W 5Th St, East Liverpool, OH 43920
      View Details
    • $595,000
      23,400 SF

      East Liverpool Redevelopment Opportunity

      Downtown East Liverpool property suitable for office, retail, or multi-family.
      114 W 5Th St, East Liverpool, OH 43920
      View Details
    • $699,000

      Saint Clair Avenue Specialty Property

      Specialty property available for sale in East Liverpool, Ohio.
      16793 Saint Clair Ave, East Liverpool, OH 43920
      View Details

    FAQs

    What type of property is this?
    Duplex - Renovated duplex featuring three bedrooms and updated interiors.
    Where is this duplex located?
    The property is located at 334 Thompson Ave East Liverpool, OH.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - Fully renovated interiors in both units, including updated wiring, drywall, kitchens, bathrooms, flooring, and paint.; - Each unit features 3 bedrooms, providing ample living space.; - Each unit has its own gas furnace, hot water tank, laundry area, and basement storage.
    (330) 932-0665
    Request Owner's contact information
    334 Thompson Ave East Liverpool, OH 43920
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    334 Thompson Ave
    East Liverpool, OH 43920
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    334 Thompson Ave East Liverpool, OH 43920
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Zach Underwood
    Real Estate License ID: 2014000258
    (330) 932-0665
    Learn more
    Google sign-in failed. Please try again or use another login method.