Residential Duplex with
New
For Sale
$169,900
Pending
132-134 N Avon Avenue, Wadsworth, OH 44281
ResidentialIncome, Wadsworth, OH
Property Size1,392 SF
Lot Size0.34 Acres
Days on Market3
Property Features for 132-134 N Avon Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Basement, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4
Parking features
Driveway
Interior features
BreakfastBar
Elementary school district
Wadsworth CSD - 5207
Middle school district
Wadsworth CSD - 5207
High school district
Wadsworth CSD - 5207
Directions
College St to N Avon; duplex is on the left
Standard status
Pending
APN
040-20A-16-025
Size
1,392 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 1996 & 1997 WH OF EA .000A
Tax Annual Amount
2273
Legal Description
LOTS 1996 & 1997 WH OF EA .000A
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1968
Floors in Building
1
Building materials
VinylSiding
Roof type
Asphalt, Fiberglass
Listing Agency:
Keller Williams Legacy Group Realty · Keller Williams Realty
(330) 433-6005
Listed By:
Amanda K Daily · License #443937
(330) 690-7846
Added: Sep 3
Changed: Sep 4
Last Checked: Sep 5 at 4:06AM
MLS# 5242595
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 residential duplex at 132-134 N. Avon Avenue contains 1,392 square feet on a 0.3444-acre lot. Built in 1968, the property has vinyl siding, an asphalt and fiberglass roof, natural gas heating, ceiling fans, and driveway parking. Interior features include a laundry room, basement, breakfast bar, and four bedrooms and two bathrooms across the listed rooms. Each unit provides its own living space, with a yard framed by mature surroundings.
Public water and public sewer serve the property. The address is near Bidinger's Ice Cream, Memorial Park, the Grizzly football stadium, downtown Wadsworth, shopping, dining, parks, and recreation.
Public water and public sewer serve the property. The address is near Bidinger's Ice Cream, Memorial Park, the Grizzly football stadium, downtown Wadsworth, shopping, dining, parks, and recreation.
Key Highlights
- Duplex at 132‑134 N. Avon Avenue in Wadsworth, OH
- 1392 square feet on a 0.3444‑acre lot
- Built in 1968 with vinyl siding
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,617
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$252,340
$252.3K
Cap Rate 7%
$180,243
$180.2K
Cap Rate 9%
$140,189
$140.2K
Market Conditions
NOI Build-Up for 1,392 SF
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.
Gross rent
$19.2K $13.80/SF
− Vacancy
−$1.2K −$0.85/SF
EGI
$18.0K $12.95/SF
− OpEx
−$5.4K −$3.88/SF
NOI
$12.6K $9.06/SF
Area
Medina County, OH
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$252,340
Cap Rate 7%
$180,243
Cap Rate 9%
$140,189
Alternative Uses
Best Use
Multifamily LT 5
$180.2K
$157.7K – $210.3K
NOI $12,617 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$157.1K
$137.4K – $183.3K
NOI $10,995 @ 7.0% cap · market cap 6.47%
Theoretical Best
Specialty Retail
$388.3K
$339.7K – $453.0K
NOI $27,179 @ 7.0% cap · market cap 16.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Explore this area
Business Placement
Demographics for 44281, OH
33,241
Population
14,298
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
47.8 sq mi
ZIP Area
695
Density / Sq Mi
$88,128
Median Household Income
$46,653
Median Earnings
$1,031
Median Rent
$262,200
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 - Separate living areas, mature surroundings, and public utilities support a straightforward residential setup.
Where is this duplex located?
The property is located at 132-134 N Avon Avenue Wadsworth, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Duplex at 132‑134 N. Avon Avenue in Wadsworth, OH; 1392 square feet on a 0.3444‑acre lot; Built in 1968 with vinyl siding
