Duplex with
For Sale
$200,000
227 Pershing Ave Nw, Massillon, OH 44646
A two-bedroom, one-bath property offers one occupied side and one recently refreshed vacant side.
Property Size1,392 SF
Price / SF$143.68
Days on Market13
Property Features for 227 Pershing Ave Nw
General Information
Standard status
Active
Size
1,392 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$2,468
Listing Agency:
Keller Williams Legacy Group Realty
(330) 433-6005
Listed By:
Annabelle Lakota · License #2021001316
(330) 299-9039
Source:
Exprealty
Added: Oct 21
Changed: Oct 27
Last Checked: Nov 1 at 8:02AM
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 Keller Williams Legacy Group Realty
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Investment Insights
Based on property information with market context.
This duplex contains 1,392 square feet and is configured with two bedrooms and one bathroom. One side is occupied; the other has recently been vacated and received new carpet and paint. The property also includes a garage space and backyard. It has had a single owner and has been maintained over the years.
Shopping, restaurants, hospitals, and highway access are nearby in Perry Township.
Shopping, restaurants, hospitals, and highway access are nearby in Perry Township.
Key Highlights
- 1,392‑square‑foot duplex with two bedrooms and one bathroom
- One side occupied; the other recently vacated with new carpet and paint
- Includes a garage space and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,644
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,880
$232.9K
Cap Rate 7%
$166,343
$166.3K
Cap Rate 9%
$129,378
$129.4K
Market Conditions
NOI Build-Up for 1,392 SF
Gross rent
$17.2K $12.36/SF
− Vacancy
−$571 −$0.41/SF
EGI
$16.6K $11.95/SF
− OpEx
−$5.0K −$3.58/SF
NOI
$11.6K $8.36/SF
Area
Stark County, OH
Vacancy
3.32%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,880
Cap Rate 7%
$166,343
Cap Rate 9%
$129,378
Alternative Uses
Best Use
Multifamily LT 5
$166.3K
$145.6K – $194.1K
NOI $11,644 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$145.6K
$127.4K – $169.9K
NOI $10,195 @ 7.0% cap · market cap 5.10%
Theoretical Best
Retail
$363.4K
$318.0K – $424.0K
NOI $25,441 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
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Business Placement
Demographics for 44646, OH
47,973
Population
20,817
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,666
Density / Sq Mi
$66,767
Median Household Income
$41,021
Median Earnings
$883
Median Rent
$181,600
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 - A two-bedroom, one-bath property offers one occupied side and one recently refreshed vacant side.
Where is this duplex located?
The property is located at 227 Pershing Ave Nw Massillon, OH.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,392‑square‑foot duplex with two bedrooms and one bathroom; One side occupied; the other recently vacated with new carpet and paint; Includes a garage space and backyard
