Updated Two-Unit
For Sale
$164,900
734 Main St, Bridgeport, OH 43912
Two residential units include a renovated two-bedroom layout and a tenant-occupied one-bedroom unit.
Property Size1,828 SF
Price / SF$90.21
Days on Market52
Property Features for 734 Main St
General Information
Standard status
Active
Size
1,828 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Di Lusso Real Estate, LTD
Listed By:
Sheree Stewart
(740) 310-5882
Source:
Theacclaimedrealty
Added: Aug 16
Changed: Sep 2
Last Checked: Oct 5 at 7:37PM
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 Di Lusso Real Estate, LTD
Investment Insights
Based on property information with market context.
This 1,828-square-foot duplex, built in 1900, contains two separate residential units. The main-level residence has two bedrooms and one bathroom and has been freshly updated. A one-bedroom, one-bath unit occupies the second level and is currently tenant occupied.
Located at 734 Main St in central Bridgeport, the property offers a flexible two-unit configuration. The existing arrangement can support rental income or an owner-occupant setup, while conversion to a single-family home may be considered subject to local regulations. A one-year home warranty is included.
Located at 734 Main St in central Bridgeport, the property offers a flexible two-unit configuration. The existing arrangement can support rental income or an owner-occupant setup, while conversion to a single-family home may be considered subject to local regulations. A one-year home warranty is included.
Key Highlights
- 1,828‑square‑foot duplex built in 1900
- Main‑level 2‑bedroom, 1‑bath unit has been freshly updated
- Second‑level 1‑bedroom, 1‑bath unit is tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,073
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,460
$241.5K
Cap Rate 7%
$172,471
$172.5K
Cap Rate 9%
$134,144
$134.1K
Market Conditions
NOI Build-Up for 1,828 SF
Gross rent
$18.6K $10.20/SF
− Vacancy
−$1.4K −$0.77/SF
EGI
$17.2K $9.44/SF
− OpEx
−$5.2K −$2.83/SF
NOI
$12.1K $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%
$241,460
Cap Rate 7%
$172,471
Cap Rate 9%
$134,144
Alternative Uses
Best Use
Multifamily LT 5
$172.5K
$150.9K – $201.2K
NOI $12,073 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$155.5K
$136.1K – $181.4K
NOI $10,884 @ 7.0% cap · market cap 6.60%
Theoretical Best
Specialty Retail
$358.3K
$313.6K – $418.1K
NOI $25,084 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 43912, OH
6,060
Population
3,219
Households
1.9
Avg Household Size
47
Median Age
20%
College-Educated
95%
High-School Grad
17.9 sq mi
ZIP Area
339
Density / Sq Mi
$51,753
Median Household Income
$36,447
Median Earnings
$648
Median Rent
$115,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a renovated two-bedroom layout and a tenant-occupied one-bedroom unit.
Where is this duplex located?
The property is located at 734 Main St Bridgeport, OH.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: 1,828‑square‑foot duplex built in 1900; Main‑level 2‑bedroom, 1‑bath unit has been freshly updated; Second‑level 1‑bedroom, 1‑bath unit is tenant occupied
