1645 California Avenue Louisville, OH 44641
MULTI_FAMILY - Louisville, OH
- Added:
- Jun 24, 2026
- Days on Market:
- 19
- Last Refresh:
- Jul 12 at 7:06 am
Property Features for 1645 California Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bathroom 2, Bedroom 4, Bedroom 1, Laundry Room, Bedroom 2, Bathroom 1
- Parking features
- Garage
- Appliances
- Range, Refrigerator
- Standard status
- Pending
- APN
- 03602540
- Size
- 1,666 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 2271 WH
- Tax Annual Amount
- 2826
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Asphalt, Fiberglass
Listing agent Christina Hoff License #2024005572 (330) 806-3616
Listing office RE/MAX Edge Realty 6929 Portage Street NW, North Canton, OH (330) 236-5100
Listing date Jun 24, 2026
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.
Investment Insights
Based on property information with market context.
The property is located at 1645 California Avenue in Louisville, Ohio. Tenant utility responsibility is noted as tenants pay all utilities. The duplex is designed with private garage access, and the exterior brick construction is intended for low-maintenance ownership.
Current occupancy is split, with one side vacant and the other occupied. Tenants pay all utilities, which can simplify monthly expense management for an operator. For owner-occupants, the vacant side can support an immediate move-in plan while retaining rental income from the occupied unit, subject to confirming fit and terms with the existing tenancy. A 24-hour notice is required to show the occupied side.
Key Highlights
- 1973 brick ranch duplex with central air and forced‑air, natural gas heat
- Each unit has 2 bedrooms and 1 full bathroom with a spacious living area
- Attached garage for each unit, with private garage access
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 | $20.6k | $12.36 |
| − Vacancy | −$684 | −$0.41 |
| EGI | $19.9k | $11.95 |
| − OpEx | −$6.0k | −$3.58 |
| NOI | $13.9k | $8.36 |
