Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Coshocton Duplex Investment Opportunity Title is generated by Realmo AI

    866 Main Street, Coshocton, OH 43812

    View on Map
    Claim this Listing
    For Sale
    $159,900

    MULTI_FAMILY - Coshocton, OH

    Lot size:
    0.15 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    54
    Last Refresh:
    May 30 at 7:06 am

    Property Features for 866 Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Rooms
    Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4
    Standard status
    Active
    APN
    04300-000-161-00
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1075

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1890
    Number of units
    2

    We can help!

    Listing Contact
    Jill A LeVere

    Listing agent Jill A LeVere License #2014005288

    Listing office RE/MAX ONE 1131 Hill Rd. N, Canal Winchester, OH

    Listing date Apr 7, 2026

    MLS# 226010659 Listing URL

    Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex with two units already rented, providing immediate income
    • Lower unit features new upscale appliances and kitchen upgrades
    • Both units include washer/dryers and all appliances, which convey with the sale
    • Off‑street parking available
    • Air conditioning included
    • Located in the heart of Coshocton

    Overview

    This duplex in Coshocton, Ohio, presents an investment opportunity. The property features upper and lower units, each currently occupied by tenants. Improvements include air conditioning, a deck, new upscale appliances in the lower unit, new kitchen cabinets with butcher block counters, and off-street parking. Both units are equipped with washer and dryer. The upper one-bedroom unit is rented for $735, while the lower two-bedroom unit is rented for $860. Tenants are responsible for gas and electric utilities, while the owner covers water and trash expenses separately. All appliances, including washers and dryers in both units, are included in the sale. The lot size is 0.15 acres.
    Property Profile 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 Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Coshocton
    County
    Coshocton
    State
    Ohio
    Longitude
    -81.856438
    Latitude
    40.274579

    Nearby Similar for Sale

    • $125,900

      Coshocton Multifamily Investment Opportunity

      Multifamily property in Coshocton, Ohio with updated interiors.
      369/371 5th, Coshocton, OH 43812
      View Details
    • $140,000

      Coshocton Multi-Family Investment Opportunity

      Single family home and mobile home on separate parcels.
      969 Linn Street, Coshocton, OH 43812
      View Details
    • $550,000
      2,562 SF

      Turnkey Medical Office Building

      Medical office in Coshocton's business district, suitable for continued medical use.
      656 Chestnut St, Coshocton, OH 43812
      View Details
    • $495,000
      12,525 SF

      Historic Downtown Restaurant with Offices

      Restaurant with income-producing offices in historic downtown Coshocton.
      509 Main Street, Coshocton, OH 43812
      View Details
    • $1,400,000
      23,197 SF

      Coshocton Manufacturing/Industrial Building For Sale

      23,197 SF manufacturing/industrial building with desirable features.
      240 Browns Ln, Coshocton, OH 43812
      View Details
    • $13,950,000
      1,870 SF

      Retail Space in Downtowner Plaza

      Retail space available for lease in Coshocton, Ohio.
      60 Downtowner Plaza, Coshocton, OH
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex with tenants in place, great investment opportunity!
    Where is this duplex located?
    The property is located at 866 Main Street Coshocton, OH.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: Duplex with two units already rented, providing immediate income; Lower unit features new upscale appliances and kitchen upgrades; Both units include washer/dryers and all appliances, which convey with the sale
    (740) 334-5642
    We can help!
    Listing Contact
    Jill A LeVere
    Real Estate License ID: 2014005288
    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

    Thank You for Inquiry
    866 Main Street, Coshocton, OH 43812
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!