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1142 Kerns Drive NE, Bolivar, OH, 44612
Side-by-Side Duplex Property

1142 Kerns Drive NE Bolivar, OH 44612

For Sale
$239,900
Pending

MULTI_FAMILY - Bolivar, OH

Property Size2,188 SF
Lot Size0.39 Acres
Days on Market48

Property Features for 1142 Kerns Drive NE

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Rooms Bathroom 2, Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Parking features Garage
Standard status Pending
APN 3403559000
Size 2,188 SF
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 2 10 1 .3943A (KERNS)
Tax Annual Amount 3167

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 VinylSiding
Roof type Metal
Listing Agency: Cutler Real Estate
Listed By: Peggy S Skakun · License #426178
Added: Jun 12 Changed: Jul 28 Last Checked: Jul 29 at 3:06AM
MLS# 5218394

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.

Investment Insights

Based on property information with market context.

This side-by-side duplex property offers two separate residential units. Each unit features 2 bedrooms and 1 bathroom, along with a 1-car attached garage. Both units also include a full basement, and the property is served by a concrete driveway with additional parking spaces.

Located at 1142 Kerns Drive NE in Bolivar, OH 44612, the home sits in a country setting while remaining close to shopping, restaurants, and freeway access. The property is in Tuscarawas County.

The layout should appeal to owner-occupants or investors seeking a straightforward two-unit income configuration. With long-time tenants in place, the property presents a practical option for someone looking for an operational duplex with attached garages and basement storage within each unit.

Key Highlights

  • Side‑by‑side duplex built in 1980 with 2 bedrooms and 1 bath per unit
  • Each unit includes a 1‑car attached garage
  • Full basement included

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 $27.8k $12.72
− Vacancy −$2.0k −$0.91
EGI $25.8k $11.81
− OpEx −$7.8k −$3.54
NOI $18.1k $8.27
2,188 SF · lease $12.72/SF/yr · vacancy 7.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$258.5K
$226.2K – $301.6K (±1% cap)
NOI $18,095 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$229.0K
$200.4K – $267.2K (±1% cap)
NOI $16,029 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$407.7K
$356.8K – $475.7K (±1% cap)
NOI $28,541 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Hair Salon Pharmacy Spa & Massage Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Side-by-side duplex with two-bedroom units, each with a one-car attached garage and full basement.
Where is this duplex located?
The property is located at 1142 Kerns Drive NE Bolivar, OH.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1980 with 2 bedrooms and 1 bath per unit; Each unit includes a 1‑car attached garage; Full basement included
More about this property
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