1055 Kerns Drive NE, Bolivar, OH 44612
MULTI_FAMILY - Bolivar, OH
- Added:
- Jun 11, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 13 at 12:06 am
Property Features for 1055 Kerns Drive NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Basement, Bedroom 3, Bedroom 1
- Parking features
- Driveway, Garage
- Standard status
- Active
- APN
- 3403475000
- Size
- 1,664 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 2 10 1 .3985A
- Tax Annual Amount
- 2573
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Asphalt
Listing agent Peggy S Skakun License #426178 (330) 412-1130
Listing office Cutler Real Estate 4618 Dressler Rd NW, Canton, OH (330) 492-7230
Listing date Jun 11, 2026
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
- Brick side‑by‑side duplex (brick ranch) with 2 bedrooms per unit
- Each unit includes a 1‑car attached garage plus driveway with extra parking
- Unit B has 2 full bathrooms
- Updates listed include flooring, heat pump, furnace, thermostat, gutters, downspouts, and ground drains
- Heating is electric with central air cooling
- Served by public water and public sewer; asphalt shingle roof
Overview
Located in Bolivar, Ohio in Tuscarawas County, the property is noted as convenient to interstate access as well as shopping and restaurants.
For buyers seeking a residential income property, the layout provides two units with attached garages, and the documented updates to both interior finishes and key systems can support day-to-day ownership. Unit B’s additional full bath may also be helpful for tenant preference and leasing flexibility, based on the property’s current configuration.
Local Financial Insights For Multifamily LT 5
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 | $21.2k | $12.72 |
| − Vacancy | −$1.5k | −$0.91 |
| EGI | $19.7k | $11.81 |
| − OpEx | −$5.9k | −$3.54 |
| NOI | $13.8k | $8.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bolivar
- County
- Tuscarawas
- State
- Ohio
- Longitude
- -81.431753
- Latitude
- 40.635782
