Updated Brick
1328-1330 E Main St, Troy, OH 45373
For Sale
$315,000
Pending
Two separate residences offer private living areas, individual utilities, garage space, and substantial improvements across the property.
Property Size2,408 SF
Days on Market50
Property Features for 1328-1330 E Main St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Amenities
patio
gas fireplace
Building Details
Year Built
Buildings
Construction
Listing Agency:
Keller Williams Community Part
(513) 438-0722
Listed By:
Streetlight Realty
(937) 626-4181
Source:
Streetlightrealtors
Added: Sep 20
Changed: Nov 6
Last Checked: Nov 6 at 7:51AM
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 Keller Williams Community Part
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This full-brick duplex, built in 1953, contains two distinct residences with private patios and separate living areas. The 3-bedroom, 1-bath unit includes front and rear living spaces, a gas fireplace, two gas furnaces, and a 2-car garage. The 2-bedroom, 1-bath unit includes its own 1-car garage and multiple interior and exterior updates.
Improvements include a 2019 roof, updated flooring and kitchen finishes, replacement windows, garage upgrades, a 2023 bathroom renovation, and a 2021 water heater in the second unit. Gutters were replaced on most of the home in 2026, with the balance completed in 2019. The property has city water, septic, separate electric meters, gas furnaces, no HOA, and ductwork in place for potential future central air. No leases are currently in place, and the seller requires 14 days after closing to vacate.
Improvements include a 2019 roof, updated flooring and kitchen finishes, replacement windows, garage upgrades, a 2023 bathroom renovation, and a 2021 water heater in the second unit. Gutters were replaced on most of the home in 2026, with the balance completed in 2019. The property has city water, septic, separate electric meters, gas furnaces, no HOA, and ductwork in place for potential future central air. No leases are currently in place, and the seller requires 14 days after closing to vacate.
Key Highlights
- Two‑unit duplex with 2,408 SF on approximately 1 acre
- Unit 1328: 3 bedrooms, 1 full bath, gas fireplace, 2 gas furnaces, and 2‑car garage
- Unit 1330: 2 bedrooms, 1 full bath, and additional 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,826
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,520
$436.5K
Cap Rate 7%
$311,800
$311.8K
Cap Rate 9%
$242,511
$242.5K
Market Conditions
NOI Build-Up for 2,408 SF
Gross rent
$33.2K $13.80/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$31.2K $12.95/SF
− OpEx
−$9.4K −$3.88/SF
NOI
$21.8K $9.06/SF
Area
Miami 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 Rate 5%
$436,520
Cap Rate 7%
$311,800
Cap Rate 9%
$242,511
Alternative Uses
Best Use
Multifamily LT 5
$311.8K
$272.8K – $363.8K
NOI $21,826 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$271.7K
$237.8K – $317.0K
NOI $19,021 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$490.8K
$429.4K – $572.6K
NOI $34,354 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 45373, OH
36,863
Population
15,691
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
93%
High-School Grad
87.7 sq mi
ZIP Area
420
Density / Sq Mi
$78,278
Median Household Income
$47,859
Median Earnings
$933
Median Rent
$234,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private living areas, individual utilities, garage space, and substantial improvements across the property.
Where is this duplex located?
The property is located at 1328-1330 E Main St Troy, OH.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,408 SF on approximately 1 acre; Unit 1328: 3 bedrooms, 1 full bath, gas fireplace, 2 gas furnaces, and 2‑car garage; Unit 1330: 2 bedrooms, 1 full bath, and additional 1‑car garage
