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Two-Unit Duplex with Divided Basement

114-116 E Butler Street, Loudonville, OH 44842

For Sale
New
$195,000

Residential Income, 2 Story, Loudonville, OH

Property Size2,827 SF
Price / SF$68.98
Days on Market2

Property Features for 114-116 E Butler Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning City/Village
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 3
High school Loudonville/Perrysville
Elementary school district Loudonville/Perrysville
Middle school district Loudonville/Perrysville
High school district Loudonville/Perrysville
Directions From the center of Loudonville, head east on Main St and Left on N Union. Turn left on E Butler. Duplex on left.
Subdivision Ashland
Standard status Active
APN C09-025-0-0087-00

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description R=25 LOTS 329-B & 330
Tax Annual Amount 1649
Legal Description R=25 LOTS 329-B & 330

Utilities

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

Building Details

Year built 1901
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Architectural style Other
Buildings 1
Listing Agency: NextHome Next Stepp
Listed By: Barbie Lange · License OH #2019007485
Added: Nov 9 Last Checked: Nov 10 at 4:06AM
MLS# 20101448

Copyright © 2026 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 2,827-square-foot, two-story duplex contains two residences. Unit 116 has four bedrooms, two full bathrooms, a living room, an eat-in kitchen, and front and enclosed rear porches. Unit 114 includes two bedrooms, one full bathroom, an eat-in kitchen, two main-floor living areas, a laundry room, and porches at both entrances. A full basement divided between the units provides utility and storage space, with laundry hookups. Vinyl siding and public water and sewer serve the property.

Improvements include a metal roof and attic insulation installed in 2017, along with a furnace and hot water heater from that year. Vinyl flooring is identified as new in 2026. The duplex is at 114-116 E Butler Street in Loudonville, with local shops, dining, and the Mohican area noted nearby.

Key Highlights

  • 2,827 SF two‑story duplex with two residences
  • Unit 116: 4 bedrooms, 2 full baths, living room, eat‑in kitchen, and enclosed rear porch
  • Unit 114: 2 bedrooms, 1 full bath, two main‑floor living areas, eat‑in kitchen, and laundry room

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 44842, OH

5,643
Population
2,480
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
72.8 sq mi
ZIP Area
78
Density / Sq Mi
$71,524
Median Household Income
$39,444
Median Earnings
$665
Median Rent
$186,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate residences offer distinct bedroom and living-space configurations, with shared basement storage and laundry hookups.
Where is this duplex located?
The property is located at 114-116 E Butler Street Loudonville, OH.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 2,827 SF two‑story duplex with two residences; Unit 116: 4 bedrooms, 2 full baths, living room, eat‑in kitchen, and enclosed rear porch; Unit 114: 2 bedrooms, 1 full bath, two main‑floor living areas, eat‑in kitchen, and laundry room
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