Duplex with Third-Floor Flex
213 N 8th St, Cambridge, OH 43725
For Sale
$235,000
Two living units share first-floor laundry and feature distinct bedroom layouts, including an upper-level bonus area.
Property Size2,100 SF
Price / SF$111.90
Days on Market36
Property Features for 213 N 8th St
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
shared laundry area
Building Details
Year Built
Listing Agency:
Leonard and Newland Real Estate Services
Listed By:
Nicole L Carpenter
(330) 691-1950
Source:
Mystarkcountyhome
Added: Oct 5
Changed: Nov 8
Last Checked: Nov 8 at 7:19AM
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 Leonard and Newland Real Estate Services
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Investment Insights
Based on property information with market context.
Built in 1900, this 2,100-square-foot duplex at 213 N 8th St in Cambridge has two units. The first-floor unit contains one bedroom and 1.5 bathrooms; the upstairs unit has two bedrooms. A third-floor flex area and walk-in closet add space beyond the primary unit layouts. Laundry is shared and located on the first floor.
Key Highlights
- 2,100‑square‑foot duplex built in 1900
- First‑floor unit has 1 bedroom and 1.5 bathrooms
- Upstairs unit includes 2 bedrooms and third‑floor flex space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,290
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,800
$345.8K
Cap Rate 7%
$247,000
$247.0K
Cap Rate 9%
$192,111
$192.1K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$26.5K $12.60/SF
− Vacancy
−$1.8K −$0.84/SF
EGI
$24.7K $11.76/SF
− OpEx
−$7.4K −$3.53/SF
NOI
$17.3K $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%
$345,800
Cap Rate 7%
$247,000
Cap Rate 9%
$192,111
Alternative Uses
Best Use
Multifamily LT 5
$247.0K
$216.1K – $288.2K
NOI $17,290 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$228.3K
$199.8K – $266.4K
NOI $15,983 @ 7.0% cap · market cap 6.80%
Theoretical Best
Mixed Use
$488.1K
$427.1K – $569.5K
NOI $34,169 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two living units share first-floor laundry and feature distinct bedroom layouts, including an upper-level bonus area.
Where is this duplex located?
The property is located at 213 N 8th St Cambridge, OH.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 2,100‑square‑foot duplex built in 1900; First‑floor unit has 1 bedroom and 1.5 bathrooms; Upstairs unit includes 2 bedrooms and third‑floor flex space
