Building Details

Year Built 1900

Buildings 1

Listing Agency: Keller Williams Seven Hills Re

Listed By: Brian J Jackson · License #2015000321 Show Phone

Source: Missyfriede

Added: Sep 16 Changed: Sep 17 Last Checked: Sep 19 at 1:49PM

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Investment Insights

Based on property information with market context.

Built in 1900, this duplex contains 4,617 square feet and two separate living units. One residence has undergone extensive renovations, while the other includes comfortable living space and a spacious family or game room. Newer windows and updated mechanical systems add to the property’s improvements.

The approximately 4.5-acre setting includes open land, a stamped-concrete patio, and an approximately 30x50 barn with a wood floor. The two-unit arrangement can accommodate multigenerational living, owner occupancy with an additional residence, or rental use, subject to verification of zoning and suitability.

Key Highlights

• Two‑family duplex with 4,617 square feet
• Approximately 4.5 acres with open land
• One unit features extensive renovations

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

$45,027

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

7.15%

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%

$900,540 $900.5K

Cap Rate 7%

$643,243 $643.2K

Cap Rate 9%

$500,300 $500.3K

Market Conditions

NOI Build-Up for 4,617 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

$69.3K $15.00/SF

− Vacancy

−$4.9K −$1.07/SF

EGI

$64.3K $13.93/SF

− OpEx

−$19.3K −$4.18/SF

NOI

$45.0K $9.75/SF

Area

Butler County, OH

Vacancy

7.12%

Lease Rate

$15.00 /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%

$900,540

Cap Rate 7%

$643,243

Cap Rate 9%

$500,300

Alternative Uses

Best Use

Multifamily LT 5

$643.2K

$562.8K – $750.5K (±1% cap)

NOI $45,027 @ 7.0% cap · market cap 7.15%

Second Best

Apartment 5plus

$591.9K

$517.9K – $690.6K (±1% cap)

NOI $41,435 @ 7.0% cap · market cap 6.58%

Theoretical Best

Office A

$912.9K

$798.8K – $1.07M (±1% cap)

NOI $63,901 @ 7.0% cap · market cap 10.14%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service

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

4

Businesses Nearby

Explore this area Business Placement

Demographics for 45067, OH

15,004

Population

5,432

Households

2.8

Avg Household Size

35

Median Age

18%

College-Educated

91%

High-School Grad

19.6 sq mi

ZIP Area

766

Density / Sq Mi

$88,662

Median Household Income

$47,349

Median Earnings

$1,354

Median Rent

$214,400

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

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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?

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Frequently Asked Questions

What type of property is this?

Duplex - Two living units, updated systems, open acreage, and a detached barn create a flexible residential income property.

Where is this duplex located?

The property is located at 5612 Jacksonburg Rd Trenton, OH.

What is the asking price?

The asking price for this property is $629,900.

What are key features of this property?

This property features: Two‑family duplex with 4,617 square feet; Approximately 4.5 acres with open land; One unit features extensive renovations