Duplex with Two 3-Bedroom
9282 Gerald Drive Streetsboro, OH 44241
9282 Gerald Drive, Streetsboro, OH, 44241
$200,000
Pending
For Sale
$200,000
Pending
MULTI_FAMILY - Streetsboro, OH
Property Size2,128 SF
Lot Size0.40 Acres
Days on Market10
Property Features for 9282 Gerald Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3
- Parking features
- Garage, Driveway
- Standard status
- Pending
- APN
- 35-046-10-00-024-000
- Size
- 2,128 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BRUGMAN SUBD LOT 24 F 90.00
- Tax Annual Amount
- 1472
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Building materials
- AluminumSiding
- Roof type
- Asphalt, Fiberglass
Listing Agency
RE/MAX Edge Realty
(330) 236-5100
6929 Portage Street NW, North Canton, OH
Listed by
Debbie L Ferrante · License #2010000047
(330) 958-8394
Added: Jul 8 Checked: Jul 17 at 11:06 am
MLS# 5225678
Listing URL
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Investment Insights
Based on property information with market context.
This duplex includes two spacious 3-bedroom units. One unit is currently occupied, while the other is ready for its next occupant, making the property workable for an investor or an owner-occupant looking to offset living costs with rental income.
Property updates include a new furnace (2025), central A/C (2024), and a water heater (2026).
Located at 9282 Gerald Drive in Streetsboro, Ohio, the home is described as being conveniently near shopping, dining, parks, and major highways.
Property updates include a new furnace (2025), central A/C (2024), and a water heater (2026).
Located at 9282 Gerald Drive in Streetsboro, Ohio, the home is described as being conveniently near shopping, dining, parks, and major highways.
Key Highlights
- Duplex with two 3‑bedroom units—one currently tenant‑occupied and the other ready for a new occupant
- Major updates include a new furnace (2025), central A/C (2024), and water heater (2026)
- Forced‑air heating with central air cooling
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.2k | $15.60 |
| − Vacancy | −$2.0k | −$0.95 |
| EGI | $31.2k | $14.65 |
| − OpEx | −$14.0k | −$6.59 |
| NOI | $17.1k | $8.06 |
2,128 SF · lease $15.60/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$264.6K
$231.6K – $308.7K
NOI $18,524 @ 7.0% cap · market cap 9.26%
Second Best
Apartment 5plus
$244.9K
$214.3K – $285.7K
NOI $17,144 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$428.6K
$375.1K – $500.1K
NOI $30,004 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex offers two 3-bedroom units, with one occupied and the other ready for a new tenant.
Where is this duplex located?
The property is located at 9282 Gerald Drive Streetsboro, OH.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Duplex with two 3‑bedroom units—one currently tenant‑occupied and the other ready for a new occupant; Major updates include a new furnace (2025), central A/C (2024), and water heater (2026); Forced‑air heating with central air cooling
