Duplex with Attached
For Sale
$599,900
3580 & 3582 E Western Reserve Road, Poland, OH 44514
ResidentialIncome, Poland, OH
Property Size4,140 SF
Lot Size0.80 Acres
Price / SF$144.90
Days on Market122
Property Features for 3580 & 3582 E Western Reserve Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 5, Bathroom 3, Bathroom 4
Parking features
Garage, Driveway
Subdivision
East Western Reserve Condo
Elementary school district
Poland LSD - 5007
Middle school district
Poland LSD - 5007
High school district
Poland LSD - 5007
Directions
south on rt 170, west on western reserve property on your right.
Standard status
Active
APN
35-071-0-036.01-0
Size
4,140 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 1 EAST WESTERN RESERVE CONDOMINIUM
Tax Annual Amount
8204
Legal Description
UNIT 1 EAST WESTERN RESERVE CONDOMINIUM
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
private rear decks
Building Details
Year built
1996
Floors in Building
2
Building materials
VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
Keller Williams Chervenic Rlty · Keller Williams Realty
(330) 967-4300
Listed By:
Raymond Griggy · License #2017004064
(330) 518-6311
Added: May 1
Changed: Aug 20
Last Checked: Aug 30 at 4:06PM
MLS# 5196915
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 duplex contains 4,140 square feet on a 0.8-acre parcel, with two residential units built in 1996. Each unit provides 4 bedrooms and 2 full bathrooms, with two bedrooms on the main level and two upstairs. Vaulted ceilings and loft areas expand the usable living environment, while private rear decks add outdoor space. Both units also have attached 2-car garages with hot and cold water.
The property is located in Poland, OH, within the Poland School District. Highway connections are nearby, and the Ohio Turnpike is within 5 miles. Brand new construction is underway directly adjacent to the property. Public water and public sewer serve the duplex, with forced-air natural gas heat and central air conditioning.
The property is located in Poland, OH, within the Poland School District. Highway connections are nearby, and the Ohio Turnpike is within 5 miles. Brand new construction is underway directly adjacent to the property. Public water and public sewer serve the duplex, with forced-air natural gas heat and central air conditioning.
Key Highlights
- Two‑unit duplex totaling 4,140 square feet on 0.8 acres
- Each unit includes 4 bedrooms and 2 full bathrooms
- Attached 2‑car garage for both units with hot and cold water
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,881
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$557,620
$557.6K
Cap Rate 7%
$398,300
$398.3K
Cap Rate 9%
$309,789
$309.8K
Market Conditions
NOI Build-Up for 4,140 SF
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.
Gross rent
$42.2K $10.20/SF
− Vacancy
−$2.4K −$0.58/SF
EGI
$39.8K $9.62/SF
− OpEx
−$11.9K −$2.89/SF
NOI
$27.9K $6.73/SF
Area
Mahoning County, OH
Vacancy
5.68%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$557,620
Cap Rate 7%
$398,300
Cap Rate 9%
$309,789
Alternative Uses
Best Use
Multifamily LT 5
$398.3K
$348.5K – $464.7K
NOI $27,881 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$367.0K
$321.1K – $428.2K
NOI $25,690 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$781.3K
$683.6K – $911.5K
NOI $54,688 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Explore this area
Business Placement
Demographics for 44514, OH
22,599
Population
10,368
Households
2.2
Avg Household Size
49
Median Age
37%
College-Educated
97%
High-School Grad
22.2 sq mi
ZIP Area
1,018
Density / Sq Mi
$80,000
Median Household Income
$45,486
Median Earnings
$973
Median Rent
$190,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious units feature loft areas, private rear decks, and central air conditioning in Poland School District.
Where is this duplex located?
The property is located at 3580 & 3582 E Western Reserve Road Poland, OH.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 4,140 square feet on 0.8 acres; Each unit includes 4 bedrooms and 2 full bathrooms; Attached 2‑car garage for both units with hot and cold water
