Residential Income Duplex
132 E Reynolds Street Urbana, OH 43078
New
For Sale
$150,000
MULTI_FAMILY - Urbana, OH
Property Size2,029 SF
Lot Size0.15 Acres
Price / SF$73.93
Days on Market2
Property Features for 132 E Reynolds Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 3
- Parking features
- None
- Patio and Porch features
- Porch
- Basement
- Partial
- Standard status
- Active
- APN
- K482500021815400
- Size
- 2,029 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Vinyl
- Building materials
- Vinyl Siding
Listing Agency:
Key Realty
(877) 539-7589
Listed By:
Malia K. Hughes · License #2008001822
(877) 539-7589
Added: Jul 24
Last Checked: Jul 25 at 1:06AM
MLS# 1047266
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.
Investment Insights
Based on property information with market context.
This residential income duplex opportunity offers approximately 2,029 square feet with four bedrooms and 2.5 bathrooms. The home includes two separate living areas and a second kitchen, providing flexible interior layout options. The property is described as being in decent condition and ready for some additional TLC. A covered front porch and a large private backyard add outdoor space for everyday use.
Located at 132 E Reynolds Street in Urbana, OH, the home provides convenient access to historic downtown Urbana’s shopping, dining, and local attractions.
The layout supports multiple-configuration living with two kitchens and two distinct living areas, while the covered entry and sizable private backyard round out the property’s core functional features.
Located at 132 E Reynolds Street in Urbana, OH, the home provides convenient access to historic downtown Urbana’s shopping, dining, and local attractions.
The layout supports multiple-configuration living with two kitchens and two distinct living areas, while the covered entry and sizable private backyard round out the property’s core functional features.
Key Highlights
- Investor opportunity at 132 E. Reynolds Avenue in Urbana
- Over 2,000 SF home with 4 bedrooms and 2.5 bathrooms
- Two separate living areas with a second kitchen for flexible living arrangements
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 | $10.7k | $5.28 |
| − Vacancy | −$696 | −$0.34 |
| EGI | $10.0k | $4.94 |
| − OpEx | −$3.0k | −$1.48 |
| NOI | $7.0k | $3.46 |
2,029 SF · lease $5.28/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$100.2K
$87.7K – $116.9K
NOI $7,012 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$85.2K
$74.6K – $99.5K
NOI $5,967 @ 7.0% cap · market cap 3.98%
Theoretical Best
Specialty Retail
$565.9K
$495.2K – $660.3K
NOI $39,616 @ 7.0% cap · market cap 26.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Residential income property with four bedrooms, 2.5 baths, two living areas, and a second kitchen on a 0.15-acre lot.
Where is this duplex located?
The property is located at 132 E Reynolds Street Urbana, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Investor opportunity at 132 E. Reynolds Avenue in Urbana; Over 2,000 SF home with 4 bedrooms and 2.5 bathrooms; Two separate living areas with a second kitchen for flexible living arrangements
