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119 4th Street SE, Brewster, OH, 44613
Two-Unit Duplex Income Property

119 4th Street SE Brewster, OH 44613

New
For Sale
$185,000

MULTI_FAMILY - Brewster, OH

Property Size2,094 SF
Lot Size0.13 Acres
Price / SF$88.35
Days on Market2

Property Features for 119 4th Street SE

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Basement
Standard status Active
APN 07001658
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 42 WH
Tax Annual Amount 1630

Utilities

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

Building Details

Year built 1916
Floors in Building 2
Building materials VinylSiding
Roof type Fiberglass, Asphalt
Listing Agency: Kaufman Realty & Auction, LLC.
Listed By: Kobe Shetler · License #2020007307
Added: Jul 28 Last Checked: Jul 29 at 4:06AM
MLS# 5231368

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 duplex provides two residential units with functional two-story layouts, offering living space on the main level and bedrooms upstairs. The 1-bedroom unit includes one full bathroom, and the 2-bedroom unit includes one full bathroom. Each unit is separately metered for gas and electric and has its own furnace and hot water heater, supporting tenant-paid utilities. The basement is accessible from the 1-bedroom unit and offers additional storage and utility space.

Located in Brewster, the property is near everyday amenities including restaurants, convenience stores, and a laundromat.

The 1-bedroom unit is currently rented on a month-to-month lease. The 2-bedroom unit is also leased on a month-to-month basis, with updates noted that include flooring, paint, plumbing, and a new furnace installed in 2024.

Key Highlights

  • Duplex with 2,094 sq ft total living space and a 1BD/1BA plus 2BD/1BA layout
  • Both units have main‑level living with bedrooms upstairs in functional two‑story layouts
  • Separate gas and electric metering plus each unit has its own furnace and hot water heater

Financial Insights For Apartment 5plus

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 $28.9k $13.80
− Vacancy −$1.0k −$0.48
EGI $27.9k $13.32
− OpEx −$12.5k −$5.99
NOI $15.3k $7.32
2,094 SF · lease $13.80/SF/yr · vacancy 3.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$250.2K
$219.0K – $291.9K (±1% cap)
NOI $17,516 @ 7.0% cap · market cap 9.47%
Second Best
Apartment 5plus
$219.1K
$191.7K – $255.6K (±1% cap)
NOI $15,337 @ 7.0% cap · market cap 8.29%
Theoretical Best
Retail
$546.7K
$478.4K – $637.9K (±1% cap)
NOI $38,271 @ 7.0% cap · market cap 20.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

King of Coffee Corporate Office

Suggested Use

Top Pick Electrical Service Auto Repair Shop Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered units offer main-level living and upstairs bedrooms with dedicated heating and hot water.
Where is this duplex located?
The property is located at 119 4th Street SE Brewster, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Duplex with 2,094 sq ft total living space and a 1BD/1BA plus 2BD/1BA layout; Both units have main‑level living with bedrooms upstairs in functional two‑story layouts; Separate gas and electric metering plus each unit has its own furnace and hot water heater
More about this property
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