1233-1235 Heritage Drive, Troy, OH 45373
- Added:
- Jul 1, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 3 at 6:06 pm
Property Features for 1233-1235 Heritage Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 4
- Standard status
- Active
- APN
- D08057935
- Size
- 2,058 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
Building Details
- Year built
- 1976
- Number of units
- 2
- Building materials
- Brick
Listing agent Lindsey Chaney (937) 665-1800
Listing office Coldwell Banker Heritage Realtors 19 S Weston Rd., Troy, OH (937) 665-1800
Listing date Jul 1, 2026
Copyright © 2026 West Metro Board 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.
HighLights
- Brick duplex built in 1976 in a well‑established Troy neighborhood
- Two‑unit layout totaling approx. 2,058 sq ft of combined living area
- Unit mix: 3‑bedroom on one side and 2‑bedroom on the other
- Each side includes 1 bathroom, a living room, and an eat‑in kitchen
- Baseboard heating and public sewer
- Attached 1‑car garage parking
Overview
The property sits on a lot of approximately 0.2 acres in Troy, Ohio (Miami County). It has attached 1-car garage parking, supporting convenient off-street parking for residents. The public remarks also note convenient access to shopping, dining, schools, parks, and major commuter routes.
For buyers and investors seeking a residential income property with unit separation, this duplex offers a practical live-in or rental-income setup. With distinct bedroom counts, separate living arrangements, and dedicated kitchens and bathrooms for each side, the layout supports a range of tenant needs while keeping operations simple for an owner managing both units. The brick construction and functional floor plans are designed for long-term, everyday occupancy.
Local 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 | $28.4k | $13.80 |
| − Vacancy | −$1.8k | −$0.85 |
| EGI | $26.6k | $12.95 |
| − OpEx | −$8.0k | −$3.88 |
| NOI | $18.7k | $9.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Miami
- State
- Ohio
- Longitude
- -84.178732
- Latitude
- 40.051861
