Duplex with Updated
For Sale
$165,000
422 5th Street, Struthers, OH 44471
ResidentialIncome, Struthers, OH
Property Size2,016 SF
Lot Size0.12 Acres
Price / SF$81.85
Days on Market81
Property Features for 422 5th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Laundry Room, Bathroom 1, Bedroom 4, Basement
Parking features
Driveway
Subdivision
Overlook Realty Inc 01
Elementary school district
Struthers CSD - 5011
Middle school district
Struthers CSD - 5011
High school district
Struthers CSD - 5011
Directions
Loveland Rd, onto Lincoln Ave, onto Fifth St
Standard status
Active
APN
38-018-0-228.00-0
Size
2,016 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 5245 64 X 80 FIFTH
Tax Annual Amount
495
Legal Description
LOT 5245 64 X 80 FIFTH
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1918
Floors in Building
2
Building materials
Brick, VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
RE/MAX Crossroads Properties · RE/MAX International
(440) 331-2870
Listed By:
Cole Belter · License #2024004251
(440) 781-4531
Added: Jun 11
Changed: Aug 20
Last Checked: Aug 30 at 8:06PM
MLS# 5217866
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 2,016-square-foot duplex in Struthers includes four bedrooms and three full bathrooms across two residential units. Built in 1918, the property features brick and vinyl siding, forced-air heating, window-unit cooling, driveway parking, and a basement. A fiberglass and asphalt roof was installed approximately 2 years ago.
The 0.118-acre property is served by public water and public sewer. Its neighborhood setting places the home near local shopping, restaurants, parks, schools, and other everyday services, with access to surrounding communities. The duplex layout supports a range of residential arrangements, including separate household use or an owner-occupied configuration.
The 0.118-acre property is served by public water and public sewer. Its neighborhood setting places the home near local shopping, restaurants, parks, schools, and other everyday services, with access to surrounding communities. The duplex layout supports a range of residential arrangements, including separate household use or an owner-occupied configuration.
Key Highlights
- Duplex with 4 bedrooms and 3 full bathrooms
- 2,016 square feet on a 0.118‑acre lot
- Roof is approximately 2 years old
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
$13,577
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
8.23%
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%
$271,540
$271.5K
Cap Rate 7%
$193,957
$194.0K
Cap Rate 9%
$150,856
$150.9K
Market Conditions
NOI Build-Up for 2,016 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
$20.6K $10.20/SF
− Vacancy
−$1.2K −$0.58/SF
EGI
$19.4K $9.62/SF
− OpEx
−$5.8K −$2.89/SF
NOI
$13.6K $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%
$271,540
Cap Rate 7%
$193,957
Cap Rate 9%
$150,856
Alternative Uses
Best Use
Multifamily LT 5
$194.0K
$169.7K – $226.3K
NOI $13,577 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$178.7K
$156.4K – $208.5K
NOI $12,510 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$380.4K
$332.9K – $443.9K
NOI $26,631 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 44471, OH
10,445
Population
5,120
Households
2
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
4.5 sq mi
ZIP Area
2,321
Density / Sq Mi
$52,811
Median Household Income
$33,313
Median Earnings
$845
Median Rent
$97,100
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-unit residential property with flexible living arrangements, public utilities, driveway parking, and convenient access to daily amenities.
Where is this duplex located?
The property is located at 422 5th Street Struthers, OH.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Duplex with 4 bedrooms and 3 full bathrooms; 2,016 square feet on a 0.118‑acre lot; Roof is approximately 2 years old
