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    Well-Maintained Ranch Home with Apartment Title is generated by Realmo AI

    10 S Ohio Street, Dellroy, OH 44620

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    For Sale
    $275,000

    MULTI_FAMILY - Dellroy, OH

    Property size:
    2,576 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $106/SF
    Added:
    Apr 21, 2026
    Days on Market:
    26
    Last Refresh:
    May 16 at 5:06 pm

    Property Features for 10 S Ohio Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Basement, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
    Parking features
    Garage, Open
    Fireplace
    1
    Standard status
    Active
    APN
    24-0000234.000
    Size
    2,576 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 1 SWASEY 1ST
    Tax Annual Amount
    1891

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air, Electric (Heating), Fireplace(s)
    Cooling system
    Attic Fan, Central Air
    Water source
    Well

    Building Details

    Year built
    1990
    Floors in Building
    1
    Building materials
    Brick, VinylSiding
    Roof type
    Asphalt, Fiberglass

    We can help!

    Listing Contact
    Grant Bake

    Listing agent Grant Bake License #2018004075

    Listing office Cedar One Realty 8 W Main Street, Wintersville, OH

    Listing date Apr 21, 2026

    MLS# 5203100 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.

    HighLights

    • Updated and well‑maintained ranch home with two finished levels offering ample usable space.
    • Complete second apartment in the finished lower level, ideal for multi‑generational living or rental income.
    • Massive 5‑car garage with RV bay and electric furnace, appealing to car enthusiasts and hobbyists.
    • Large enclosed back porch with peaceful views, perfect for relaxation.
    • Fenced‑in backyard with burn pit, gazebo‑style shelter, and he‑shed/she‑shed.
    • Updated major systems including newer furnace, hot water tank, and well pump.

    Overview

    This well-maintained ranch home in Dellroy offers two finished levels with usable space. The main floor features an open floor plan with a living room, dining area, and eat-in kitchen. Custom handmade built-in cabinetry adds character. There are two bedrooms, an updated bathroom with a walk-in shower, and a half bath. An enclosed back porch provides views. The lower level has been transformed into a second apartment, suitable for multi-generational living, guests, or rental income. This level includes a full kitchen, living and dining area, one oversized bedroom, and a full bath with a walk-in tub and standing shower. All appliances remain with the home. Quality craftsmanship is evident throughout, with custom blinds, bay windows, hardwood floors, ceramic tile, and natural stone accents in the porch and breezeway. Updates include a newer furnace, hot water tank, and well pump. The property includes a 5-car garage with three single stalls plus an RV bay. Part of the garage is equipped with an electric furnace for heating. The fenced-in backyard offers a burn pit, gazebo-style shelter, and a he-shed/she-shed. The property is situated on a 0.34-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Dellroy
    County
    Carroll
    State
    Ohio
    Longitude
    -81.199063
    Latitude
    40.553695

    FAQs

    What type of property is this?
    Single family property - Ranch home with finished levels, apartment, and 5-car garage.
    Where is this single family property located?
    The property is located at 10 S Ohio Street Dellroy, OH.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Updated and well‑maintained ranch home with two finished levels offering ample usable space.; Complete second apartment in the finished lower level, ideal for multi‑generational living or rental income.; Massive 5‑car garage with RV bay and electric furnace, appealing to car enthusiasts and hobbyists.
    (330) 771-0436
    We can help!
    Listing Contact
    Grant Bake
    Real Estate License ID: 2018004075
    Learn More
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    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
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