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    Side-by-Side Duplex with Unfinished Basements Title is generated by Realmo AI

    1084-1086 Baier Avenue, Louisville, OH 44641

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    For Sale
    $245,000

    MULTI_FAMILY - Louisville, OH

    Property size:
    1,872 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $130/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 1:06 am

    Property Features for 1084-1086 Baier Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Basement, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Laundry Room
    Parking features
    Garage, Open, Driveway
    Appliances
    Microwave, Range, Refrigerator
    Standard status
    Active
    APN
    03603806
    Size
    1,872 SF
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    2876 WH
    Tax Annual Amount
    1859

    Utilities

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

    Building Details

    Year built
    1978
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Fiberglass, Asphalt

    We can help!

    Listing Contact
    Jennifer A Mucci
    Jennifer A Mucci

    Listing agent Jennifer A Mucci License #439826

    Listing office Keller Williams Legacy Group Realty 4974 Higbee Ave., Ste. 201, Canton, OH

    Listing date Jun 4, 2026

    MLS# 5215300 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

    • Well‑maintained side‑by‑side duplex with two spacious units
    • Each unit has a front living room and an eat‑in kitchen, plus 2 bedrooms and a full bathroom upstairs
    • Unfinished lower levels provide storage and laundry space; one unit includes a designated lower‑level office
    • Gas forced‑air heating and central air; newer mechanicals reported
    • Recently refreshed one side with new flooring, fresh paint, and a gas range
    • Public water and public sewer; brick construction with asphalt/fiberglass roof; driveway/open parking and garage

    Overview

    This well-maintained side-by-side duplex offers two separate, functional residences under one roof. A charming front porch welcomes you to each unit’s main level, where a front living room connects to an eat-in kitchen. Upstairs, both units include two bedrooms and a full bathroom. Each unit also has an unfinished lower level with space for storage and laundry. One unit additionally includes a designated office space in the lower level, which can support remote work or flexible use. Recent updates include a refresh on one side with new flooring, fresh paint, and a gas range, supporting a move-in-ready feel. The property also benefits from newer mechanicals. Outside, there is a well-kept yard with room for outdoor activity.

    The property is located at 1084-1086 Baier Avenue in Louisville, Ohio (44641), in Stark County. It’s described as conveniently near major highways as well as shopping, dining, and everyday amenities.

    With two fully laid-out units and shared ownership of the duplex structure, the building can fit both owner-occupants and investors looking for a straightforward, manageable setup. The unfinished lower levels add practical utility for storage and laundry, while the added lower-level office space in one unit supports a wider range of tenant or household needs.

    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 $23.1k $12.36
    − Vacancy −$768 −$0.41
    EGI $22.4k $11.95
    − OpEx −$6.7k −$3.58
    NOI $15.7k $8.36
    1,872 SF · lease $12.36/SF/yr · vacancy 3.32% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $223.7K
    $195.7K – $261.0K (±1% cap)
    NOI $15,659 @ 7.0% cap · market cap 6.39%
    Second Best
    Apartment 5plus
    $195.9K
    $171.4K – $228.5K (±1% cap)
    NOI $13,711 @ 7.0% cap · market cap 5.60%
    Theoretical Best
    Retail
    $488.8K
    $427.7K – $570.2K (±1% cap)
    NOI $34,213 @ 7.0% cap · market cap 13.96%
    Zoning and permitted uses should be independently verified with local authorities.
    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 Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Stark
    State
    Ohio
    Longitude
    -81.26766
    Latitude
    40.846042

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    FAQs

    What type of property is this?
    Duplex - Well-kept duplex with two upstairs bedrooms per unit and unfinished lower levels for storage and laundry.
    Where is this duplex located?
    The property is located at 1084-1086 Baier Avenue Louisville, OH.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Well‑maintained side‑by‑side duplex with two spacious units; Each unit has a front living room and an eat‑in kitchen, plus 2 bedrooms and a full bathroom upstairs; Unfinished lower levels provide storage and laundry space; one unit includes a designated lower‑level office
    (330) 353-2477
    We can help!
    Listing Contact
    Jennifer A Mucci
    Jennifer A Mucci
    Real Estate License ID: 439826
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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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