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Updated Brick Duplex

1328-1330 E Main Street, Troy, OH 45373

For Sale
$315,000
Pending

ResidentialIncome, Troy, OH

Property Size2,408 SF
Lot Size0.52 Acres
Days on Market52

Property Features for 1328-1330 E Main Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Zoning description Residential
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 1
Parking features Driveway, Garage
Patio and Porch features Patio
Interior features CeilingFans, Pantry, StoneCounters
Exterior features Patio
Appliances GasWaterHeater
Elementary school district Troy
Middle school district Troy
High school district Troy
Standard status Pending
APN D08057315
Size 2,408 SF
Lot size 0.52 Acres

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

Tax Description IL 6215
Legal Description IL 6215

Utilities

Heating system Forced Air, Natural Gas
Cooling system Wall Unit(s)

Amenities

patio
gas fireplace

Building Details

Year built 1953
Floors in Building 1
Number of units 2
Building materials Brick
Buildings 1
Listing Agency: eXp Realty
Listed By: Amanda Wilson · License #2019007423
Added: Sep 18 Changed: Oct 31 Last Checked: Nov 8 at 12:06AM
MLS# 969192

Copyright © 2026 Dayton Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex contains 2,408 square feet across two separate residences on a 0.52-acre parcel. The brick property was built in 1953 and includes a 3-bedroom, 1-bath unit with a living room, family room, gas fireplace, and 2-car garage, plus a 2-bedroom, 1-bath unit with its own 1-car garage. Both residences have private patios, gas forced-air heat, separate electric meters, city water, and septic service.

Improvements include a 2019 roof, updated flooring and kitchen finishes, replacement windows, and garage upgrades. The second unit’s bathroom was renovated in 2023, its water heater was replaced in 2021, and most remaining windows and gutters were replaced in 2026. Ductwork is installed for potential future central air, while current cooling is provided by wall units. The property has Residential zoning, no HOA, and no leases currently in place.

Key Highlights

  • Duplex measures 2,408 square feet on 0.52 acres
  • Two residences: 3 bedrooms/1 bath and 2 bedrooms/1 bath
  • Full‑brick construction dating to 1953

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 (±1% cap)
NOI $21,826 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$271.7K
$237.8K – $317.0K (±1% cap)
NOI $19,021 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$490.8K
$429.4K – $572.6K (±1% cap)
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

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences with private patios, individual utilities, garages, and improvements across both units.
Where is this duplex located?
The property is located at 1328-1330 E Main Street 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: Duplex measures 2,408 square feet on 0.52 acres; Two residences: 3 bedrooms/1 bath and 2 bedrooms/1 bath; Full‑brick construction dating to 1953
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