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Updated Duplex: Turnkey Investment Potential

1017 Broadway Street Masury, OH 44438

1017 Broadway Street, Masury, OH, 44438

$154,000

For Sale

$154,000

MULTI_FAMILY - Masury, OH

Property Size1,600 SF

Lot Size0.25 Acres

Price / SF$96.25

Days on Market240

Property Features for 1017 Broadway Street

General Information

Property type: Residential Multi Family
Property subtype: Duplex
Bedrooms: 5
Bathrooms: 2
Rooms: Bedroom 1, Bedroom 4, Bedroom 5, Laundry Room, Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 2
Parking features: Paved or Surfaced
Standard status: Active
APN: 03-316452
Size: 1,600 SF
Lot size: 0.25 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: 343 88.02F SERVICE PK HIGH ST
Tax Annual Amount: 841

Utilities

Sewer type: Public Sewer
Heating system: Forced Air, Natural Gas
Water source: Public

Building Details

Year built: 1940
Floors in Building: 1
Building materials: Brick, WoodSiding
Roof type: Metal

Listing agency Keller Williams Chervenic Rlty

Listed by Anastasios Pappas · License #2019003129

Added: Nov 24, 2025 Updated: Jul 17 at 10:17PM Checked: Jul 22 at 12:06AM

MLS# 5174057

Investment Insights

Based on property information with market context.

This updated side-by-side duplex offers modern comfort and investment potential. Both units have been renovated with contemporary finishes. One unit features three bedrooms and one bathroom and is currently rented for $975 per month. The other unit includes two bedrooms and one bathroom and generates $800 per month, providing a combined monthly income of $1,775. Each unit has separate utilities and basements. A newer roof was installed in 2014, and a new hot water tank was added to the second unit in 2023. The electrical system has been upgraded to 200-amp. Energy-efficient windows enhance comfort and lower utility costs. Situated on a corner lot, the property provides additional outdoor space and visibility. The property is suited for investors seeking a low-maintenance, income-producing asset or buyers looking for a move-in-ready home with potential rental income. The property size is 1600 square feet and the lot size is 0.2525 acres.

Key Highlights

Side‑by‑side duplex built in 1940 with brick and wood siding, plus a metal roof
Both units recently renovated; combined current rent is $1,775/month ($975 for 3BR/1BA and $800 for 2BR/1BA)
Each unit has separate utilities and its own basement for added privacy and easier maintenance

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$20.2k	$12.60
− Vacancy	−$1.3k	−$0.82
EGI	$18.8k	$11.78
− OpEx	−$5.7k	−$3.53
NOI	$13.2k	$8.25

1,600 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$188.5K

$164.9K – $219.9K (±1% cap)

NOI $13,195 @ 7.0% cap · market cap 8.57%

Second Best

Apartment 5plus

$174.8K

$152.9K – $203.9K (±1% cap)

NOI $12,235 @ 7.0% cap · market cap 7.94%

Theoretical Best

Office A

$303.7K

$265.7K – $354.3K (±1% cap)

NOI $21,258 @ 7.0% cap · market cap 13.80%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

For sale
Duplexes
OH
Masury
44438
1017 Broadway Street

What type of property is this?

Duplex - Updated duplex with strong income potential in Masury, Ohio.

Where is this duplex located?

The property is located at 1017 Broadway Street Masury, OH.

What is the asking price?

The asking price for this property is $154,000.

What are key features of this property?

This property features: Side‑by‑side duplex built in 1940 with brick and wood siding, plus a metal roof; Both units recently renovated; combined current rent is $1,775/month ($975 for 3BR/1BA and $800 for 2BR/1BA); Each unit has separate utilities and its own basement for added privacy and easier maintenance