Add Listing
    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

    36 Churchill Road Girard, OH 44420

    View on Map
    For Sale
    $150,000

    MULTI_FAMILY - Girard, OH

    Lot size:
    0.14 Acres
    Added:
    Dec 29, 2025
    Days on Market:
    94
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for 36 Churchill Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 4, Bedroom 2, Basement, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1
    Parking features
    Driveway
    Standard status
    Active
    APN
    14-355000
    Lot size
    0.14 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    16 40F TOWNSEND CHURCHILL RD
    TaxAnnualAmount
    1323

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1929
    Floors in Building
    2
    Building materials
    VinylSiding
    Roof type
    Fiberglass, Asphalt

    We can help!

    Listing Contact
    James Clark
    James Clark

    Listing agent James Clark License #2019003313

    Listing office Underwood & Associates 15902 Saint Clair Avenue, East Liverpool, OH

    Listing date Dec 29, 2025

    MLS# 5178723 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.

    Overview

    Turnkey Duplex in Girard, Ohio

    This duplex in Girard, Ohio, presents an investment opportunity with an 8.9% Cap Rate. Situated between Youngstown and Warren, Ohio, the property is positioned in Northeast Ohio. The property features a new furnace and updated plumbing. The downstairs unit has been remodeled, attracting quality tenants and commanding strong rents. The property generates a gross annual income of $18,600, creating a Net Operating Income (NOI) of over $13,300 annually. Unit 1 generates $850 per month, and Unit 2 generates $700 per month. Located in Girard, the property provides easy access to major highways, placing tenants within minutes of employment hubs in both Youngstown and Warren. The lot size is 0.1377 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Girard
    County
    Butler
    State
    Ohio
    Longitude
    -80.6779
    Latitude
    41.1741

    Nearby Similar for Sale

    • $30,000

      Turnkey Restaurant Business Opportunity

      Restaurant business for sale; building is leased.
      420 S State Street unit: 422, Girard, OH 44420
      View Details
    • $100,000
      4,920 SF

      Retail/Office Space Near US 422

      Retail or office space with an open floor plan.
      39 W Liberty St, Girard, OH
      View Details
    • $599,900
      3,800 SF

      Established Restaurant on Busy US422

      Turnkey restaurant opportunity with a proven track record and loyal customers.
      1901 Youngstown Warren, Girard, OH 44420
      View Details
    • $599,900

      Turnkey Restaurant Opportunity on US422

      Established restaurant for sale with equipment, fixtures, and inventory.
      1901 N State St, Girard, OH, 44420-1031
      View Details

    FAQs

    What type of property is this?
    Duplex - Profitable duplex with immediate cash flow and updated features.
    Where is this duplex located?
    The property is located at 36 Churchill Road Girard, OH.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: High Cap Rate: 8.9% Cap Rate ensures strong immediate cash flow.; Strong Rental Income: Gross annual income of $18,600 with a Net Operating Income (NOI) of over $13,300 annually.; Turnkey Condition: Downstairs unit completely remodeled and property features a brand‑new furnace and updated plumbing.
    (330) 708-4120
    We can help!
    Listing Contact
    James Clark
    James Clark
    Real Estate License ID: 2019003313
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!