Renovated Duplex Income
1216 Young Street Middletown, OH 45044
New
1216 Young Street, Middletown, OH, 45044
$175,000
For Sale
$175,000
MULTI_FAMILY - Middletown, OH
Property Size1,716 SF
Lot Size0.13 Acres
Price / SF$101.98
Days on Market1
Property Features for 1216 Young Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1
- Parking features
- Garage
- Standard status
- Active
- APN
- Q6521-006-000-173
- Size
- 1,716 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Description
- 3116 ENT
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1914
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- AluminumSiding
Listing Agency
Keller Williams Community Part
(937) 530-4904
2835 Miami Village Dr, Miamisburg, OH
Listed by
Eric Jones
(513) 582-6594
Added: Jul 17 Checked: Jul 17 at 3:06 pm
MLS# 964470
Listing URL
Copyright © 2026 Dayton Realtors. 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 renovated duplex offers two separately configured rental units and was completely renovated in 2023. Updates described include a new roof, new vinyl windows, two new furnaces, two new water heaters, renovated bathrooms with subway tile, updated kitchens with white subway tile backsplash, luxury vinyl tile flooring throughout both units, updated plumbing, and fresh interior and exterior paint. The electrical work is fully rewired with separate panels and meters, and all work is stated as permitted. Additional recent improvements include a new stove in unit 1214 (July 2026) and crawlspace encapsulation with a dehumidifier (June 2026). Unit 1214 includes a living room, kitchen, one bathroom, two bedrooms, and a utility room. Unit 1216 includes a living room, dining area, kitchen with a washer/dryer connection, a main level full bathroom, and two bedrooms on the second level, one with an ensuite bathroom.
Both units are currently occupied and rented. Unit 1216 is stated as month-to-month and offers the option to move into one side and lease the other. The listing reports additional income of $100 for water/sewer/trash, with tenants paying electric and gas and the owner paying water/sewer/trash; all tenants are current on rent. The property is located at 1216 Young Street in Middletown, Ohio (Butler County).
Both units are currently occupied and rented. Unit 1216 is stated as month-to-month and offers the option to move into one side and lease the other. The listing reports additional income of $100 for water/sewer/trash, with tenants paying electric and gas and the owner paying water/sewer/trash; all tenants are current on rent. The property is located at 1216 Young Street in Middletown, Ohio (Butler County).
Key Highlights
- Completely renovated duplex completed in 2023 with permitted work
- Two units are currently occupied and rented for $1,000 each ($2,000 total), plus $100/month for water/sewer/trash
- Updates include new roof, new vinyl windows, two new furnaces and two new water heaters
Local 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 | $30.3k | $17.64 |
| − Vacancy | −$2.3k | −$1.32 |
| EGI | $28.0k | $16.32 |
| − OpEx | −$12.6k | −$7.34 |
| NOI | $15.4k | $8.97 |
1,716 SF · lease $17.64/SF/yr · vacancy 7.50% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Updated duplex in Middletown with both units currently occupied and multiple 2023–2026 capital improvements.
Where is this duplex located?
The property is located at 1216 Young Street 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: Completely renovated duplex completed in 2023 with permitted work; Two units are currently occupied and rented for $1,000 each ($2,000 total), plus $100/month for water/sewer/trash; Updates include new roof, new vinyl windows, two new furnaces and two new water heaters
