Duplex with Integral
For Sale
$195,000
132 N Sugar St, St Clairsville, OH 43950
Two-unit residential property with flexible layouts, paved access, and rear parking on a level corner lot.
Property Size1,536 SF
Price / SF$126.95
Days on Market32
Property Features for 132 N Sugar St
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR, 1 x 3BR
Multifamily Units
2
Building Details
Year Built
1948
Listing Agency:
Harvey Goodman, REALTOR
(740) 695-3131
Listed By:
Laney J Ross · License #2006006559
Source:
Theacclaimedrealty
Added: Jul 30
Changed: Aug 29
Last Checked: Aug 29 at 7:20PM
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.
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 = 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
$10,145
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
5.20%
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%
$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
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
$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 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%
$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
NOI $10,145 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$130.6K
$114.3K – $152.4K
NOI $9,145 @ 7.0% cap · market cap 4.69%
Theoretical Best
Specialty Retail
$301.1K
$263.5K – $351.3K
NOI $21,077 @ 7.0% cap · market cap 10.81%
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
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
Questions? Ask Rey
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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 $195,000.
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
