Duplex on Two
New
For Sale
$299,900
139 Meadowpark Drive, Cambridge, OH 43725
Built in 2002, the residence contains two rental units.
Property Size1,960 SF
Price / SF$153.01
Days on Market7
Property Features for 139 Meadowpark Drive
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,698
Building Details
Building Size
1,960 SF
Year Built
2002
Buildings
1
Listing Agency:
NextHome New Horizons Equity Realty
Listed By:
Amanda S Mignano · License #2020000173
Source:
Coccarealestate
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 3:42PM
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 NextHome New Horizons Equity Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2002-built duplex provides 1,960 square feet of living space across two units. The property includes two parcels, offering a larger land footprint alongside the existing residential building.
Key Highlights
- Duplex configuration with two units
- 1,960 square feet of living space
- Built in 2002
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,138
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,760
$322.8K
Cap Rate 7%
$230,543
$230.5K
Cap Rate 9%
$179,311
$179.3K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$24.7K $12.60/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$23.1K $11.76/SF
− OpEx
−$6.9K −$3.53/SF
NOI
$16.1K $8.23/SF
Area
Guernsey County, OH
Vacancy
6.65%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,760
Cap Rate 7%
$230,543
Cap Rate 9%
$179,311
Alternative Uses
Best Use
Multifamily LT 5
$230.5K
$201.7K – $269.0K
NOI $16,138 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$213.1K
$186.5K – $248.6K
NOI $14,918 @ 7.0% cap · market cap 4.97%
Theoretical Best
Mixed Use
$455.6K
$398.6K – $531.5K
NOI $31,891 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 43725, OH
19,520
Population
9,667
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
88%
High-School Grad
124.2 sq mi
ZIP Area
157
Density / Sq Mi
$51,612
Median Household Income
$35,781
Median Earnings
$789
Median Rent
$160,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2002, the residence contains two rental units.
Where is this duplex located?
The property is located at 139 Meadowpark Drive Cambridge, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Duplex configuration with two units; 1,960 square feet of living space; Built in 2002
