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    Two-Unit Duplex with Bonus Space Title is generated by Realmo AI

    162-164 Belvedere Avenue SE, Warren, OH 44483

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    Claim this Listing
    New
    For Sale
    $205,000

    MULTI_FAMILY - Warren, OH

    Property size:
    2,217 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $92/SF
    Added:
    Jun 16, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 17 at 1:06 am

    Property Features for 162-164 Belvedere Avenue SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 1, Basement, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1
    Parking features
    Driveway
    Standard status
    Active
    APN
    38-013000
    Size
    2,217 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1400

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1923
    Floors in Building
    2
    Building materials
    Stucco
    Roof type
    Shingle

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    Listing Contact
    Sami Yacoub
    Sami Yacoub

    Listing agent Sami Yacoub License #2019005342

    Listing office Real of Ohio 545 Metro Place S Suite 100, Westlake, OH

    Listing date Jun 16, 2026

    MLS# 5219307 Listing URL

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

    HighLights

    • Well‑maintained duplex built in 1923 with 2 spacious 2‑bedroom, 1‑bath units
    • Upper unit is rented for $1,000/month; first‑floor unit is currently vacant and ready for occupancy
    • Includes a finished detached bonus space for guests, hobbies, a home office, or extended family use
    • Utilities: public water and public sewer
    • Central air and forced‑air heating; stucco exterior with a shingle roof
    • Driveway parking

    Overview

    This well-maintained duplex at 162-164 Belvedere Avenue SE in Warren, Ohio features two spacious 2-bedroom, 1-bath units. The first-floor unit is currently vacant and ready for occupancy, while the upper unit is currently rented at $1,000 per month. In addition to the primary living units, the property includes a finished detached bonus space, offering flexibility for use as a guest area, hobby space, home office, or extended-family setup.

    The property sits on a lot of approximately 0.166 acres. It is positioned for convenience to everyday needs, with shopping, dining, and parks nearby, along with access to major commuter routes.

    For an owner-occupant, the layout supports living in one unit while renting the other to help offset housing costs. For investors, the duplex configuration provides two separate 2-bedroom, 1-bath rentals, with one unit already occupied. The finished detached bonus space adds an extra dimension for tenants and occupants who value additional flexible indoor space.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $27.9k $12.60
    − Vacancy −$1.8k −$0.82
    EGI $26.1k $11.78
    − OpEx −$7.8k −$3.53
    NOI $18.3k $8.25
    2,217 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $261.2K
    $228.5K – $304.7K (±1% cap)
    NOI $18,283 @ 7.0% cap · market cap 8.92%
    Second Best
    Apartment 5plus
    $242.2K
    $211.9K – $282.6K (±1% cap)
    NOI $16,954 @ 7.0% cap · market cap 8.27%
    Theoretical Best
    Office A
    $420.8K
    $368.2K – $490.9K (±1% cap)
    NOI $29,456 @ 7.0% cap · market cap 14.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.79062
    Latitude
    41.235627

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex offers two 2-bedroom units and a finished detached bonus space for flexible living or renting.
    Where is this duplex located?
    The property is located at 162-164 Belvedere Avenue SE Warren, OH.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: Well‑maintained duplex built in 1923 with 2 spacious 2‑bedroom, 1‑bath units; Upper unit is rented for $1,000/month; first‑floor unit is currently vacant and ready for occupancy; Includes a finished detached bonus space for guests, hobbies, a home office, or extended family use
    More about this property
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