Renovated Duplex with Separate
For Sale
$175,000
Pending
1216 Young St, Middletown, OH 45044
Two occupied units feature refreshed interiors, separate electric panels and meters, and distinct floor plans.
Property Size1,716 SF
Days on Market89
Property Features for 1216 Young St
General Information
Standard status
Pending
Size
1,716 SF
Property subtype
Multi-Family
Building Details
Year Built
1914
Listing Agency:
BHHS Professional Realty
(937) 547-0064
Listed By:
Streetlight Realty
(937) 626-4181
Source:
Streetlightrealtors
Added: Jul 19
Changed: Oct 15
Last Checked: Oct 14 at 10:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Professional Realty
Investment Insights
Based on property information with market context.
This 1,716-square-foot duplex, built in 1914, contains two occupied residential units with different layouts. Unit 1214 includes a living room, kitchen, bathroom, two bedrooms, and a utility room. Unit 1216 offers a living room, dining area, kitchen with washer/dryer connection, a main-level full bathroom, and two second-level bedrooms, including one with an ensuite bathroom.
The property underwent a comprehensive renovation in 2023, including a new roof, vinyl windows, furnaces, water heaters, electrical systems, plumbing, flooring, bathrooms, kitchens, and interior and exterior paint. The electrical work includes separate panels and meters, and all renovation work was permitted. A stove was added to Unit 1214 in July 2026. The crawlspace was encapsulated and fitted with a dehumidifier in June 2026.
Located at 1216 Young St in Middletown, Ohio, the property has separate utility arrangements, with tenants paying electric and gas while the owner pays water, sewer, and trash. Unit 1216 is month to month, providing flexibility in occupancy planning.
The property underwent a comprehensive renovation in 2023, including a new roof, vinyl windows, furnaces, water heaters, electrical systems, plumbing, flooring, bathrooms, kitchens, and interior and exterior paint. The electrical work includes separate panels and meters, and all renovation work was permitted. A stove was added to Unit 1214 in July 2026. The crawlspace was encapsulated and fitted with a dehumidifier in June 2026.
Located at 1216 Young St in Middletown, Ohio, the property has separate utility arrangements, with tenants paying electric and gas while the owner pays water, sewer, and trash. Unit 1216 is month to month, providing flexibility in occupancy planning.
Key Highlights
- Two‑unit duplex totals 1,716 SF; built in 1914
- Comprehensive renovation completed in 2023 with permitted work
- Separate electric panels and meters for the two units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,400
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,000
$308.0K
Cap Rate 7%
$220,000
$220.0K
Cap Rate 9%
$171,111
$171.1K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$30.3K $17.64/SF
− Vacancy
−$2.3K −$1.32/SF
EGI
$28.0K $16.32/SF
− OpEx
−$12.6K −$7.34/SF
NOI
$15.4K $8.97/SF
Area
Butler County, OH
Vacancy
7.50%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,000
Cap Rate 7%
$220,000
Cap Rate 9%
$171,111
Alternative Uses
Best Use
Multifamily LT 5
$239.1K
$209.2K – $278.9K
NOI $16,735 @ 7.0% cap · market cap 9.56%
Second Best
Apartment 5plus
$220.0K
$192.5K – $256.7K
NOI $15,400 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$339.3K
$296.9K – $395.8K
NOI $23,750 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 45044, OH
56,128
Population
21,645
Households
2.6
Avg Household Size
36
Median Age
30%
College-Educated
88%
High-School Grad
37.8 sq mi
ZIP Area
1,485
Density / Sq Mi
$71,942
Median Household Income
$40,568
Median Earnings
$1,034
Median Rent
$230,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units feature refreshed interiors, separate electric panels and meters, and distinct floor plans.
Where is this duplex located?
The property is located at 1216 Young St Middletown, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two‑unit duplex totals 1,716 SF; built in 1914; Comprehensive renovation completed in 2023 with permitted work; Separate electric panels and meters for the two units
