Building Details

Year Built 1948

Listing Agency: Harvey Goodman, REALTOR

Listed By: Laney J Ross · License #2006006559 Show Phone

Source: Theacclaimedrealty

Added: Jul 30 Changed: Oct 11 Last Checked: Oct 7 at 1:07PM

Report an Issue

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 Harvey Goodman, REALTOR

Investment Insights

Based on property information with market context.

Built in 1948, this 1,536-square-foot duplex offers two separate residential units. The larger unit includes three bedrooms overall, with a main-level bedroom, living room, dining room, kitchen, and bathroom, plus two upstairs bedrooms and a basement bathroom. An integral one-car garage serves this side of the property.

The second unit provides a one-bedroom layout with an open kitchen, dining, and living area. The property occupies a level corner lot at 132 N Sugar St in St. Clairsville, Ohio, with a paved driveway and additional parking at the rear.

Key Highlights

• 1,536‑square‑foot duplex with two separate residential units
• Larger unit includes 3 bedrooms, 2 bathrooms, and an integral 1‑car garage
• Second unit features 1 bedroom and an open kitchen, dining, and living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$10,145

Cap Rate

5.48%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$202,900 $202.9K

Cap Rate 7%

$144,929 $144.9K

Cap Rate 9%

$112,722 $112.7K

Market Conditions

NOI Build-Up for 1,536 SF

Gross rent

$15.7K $10.20/SF

− Vacancy

−$1.2K −$0.77/SF

EGI

$14.5K $9.44/SF

− OpEx

−$4.3K −$2.83/SF

NOI

$10.1K $6.60/SF

Area

Belmont County, OH

Vacancy

7.50%

Lease Rate

$10.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$202,900

Cap Rate 7%

$144,929

Cap Rate 9%

$112,722

Alternative Uses

Best Use

Multifamily LT 5

$144.9K

$126.8K – $169.1K (±1% cap)

NOI $10,145 @ 7.0% cap · market cap 5.48%

Second Best

Apartment 5plus

$130.6K

$114.3K – $152.4K (±1% cap)

NOI $9,145 @ 7.0% cap · market cap 4.94%

Theoretical Best

Specialty Retail

$301.1K

$263.5K – $351.3K (±1% cap)

NOI $21,077 @ 7.0% cap · market cap 11.39%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom Electrical Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

494

Businesses Nearby

Explore this area Business Placement

Demographics for 43950, OH

16,212

Population

6,683

Households

2.4

Avg Household Size

46

Median Age

25%

College-Educated

91%

High-School Grad

81.7 sq mi

ZIP Area

198

Density / Sq Mi

$73,135

Median Household Income

$25,718

Median Earnings

$916

Median Rent

$212,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Office Building with Dual Entrances

104 S Sugar St, St Clairsville, OH 43950

$179,900

1,974 SF

View details

Office Building with Detached Storage

128 S Sugar St, St Clairsville, OH 43950

Contact for pricing

7,500 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two-unit residential property with flexible layouts, paved access, and rear parking on a level corner lot.

Where is this duplex located?

The property is located at 132 N Sugar St St Clairsville, OH.

What is the asking price?

The asking price for this property is $185,000.

What are key features of this property?

This property features: 1,536‑square‑foot duplex with two separate residential units; Larger unit includes 3 bedrooms, 2 bathrooms, and an integral 1‑car garage; Second unit features 1 bedroom and an open kitchen, dining, and living area