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Fully Occupied Duplex
For Sale
$110,000

32 Marvin, Shelby, OH 44875

Two-unit residential property on a nearly one-acre lot with natural gas and forced-air heating.

Property SizeContact for details
Days on Market132

Property Features for 32 Marvin

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Amenities

Natural Gas
Window Unit(s)
Forced Air

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Keller Williams Legacy Group Realty
Listed By: Trisha Tenpenny-Wagner
Source: Kw
Added: May 3 Changed: Sep 9 Last Checked: Sep 10 at 1:12PM

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

Investment Insights

Based on property information with market context.

This duplex, built in 1900, contains two residential units: a one-bedroom, one-bath upper apartment and a three-bedroom, one-bath lower apartment. Both units are occupied, and each tenant is on a month-to-month lease. Interior systems include natural gas, forced-air heating, and window air-conditioning units.

The property sits on a nearly 1-acre lot at 32 Marvin in Shelby, Ohio. The larger parcel provides outdoor space for the existing residential use. Tenants have expressed interest in remaining, supporting continuity of occupancy while preserving the flexibility of month-to-month leasing.

Key Highlights

  • Two‑unit duplex at 32 Marvin, Shelby, OH 44875
  • Nearly 1‑acre lot
  • Upper unit includes 1BR/1BA

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby

Demographics for 44875, OH

13,900
Population
6,211
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
93%
High-School Grad
81.5 sq mi
ZIP Area
171
Density / Sq Mi
$60,669
Median Household Income
$35,774
Median Earnings
$727
Median Rent
$146,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property on a nearly one-acre lot with natural gas and forced-air heating.
Where is this duplex located?
The property is located at 32 Marvin Shelby, OH.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Two‑unit duplex at 32 Marvin, Shelby, OH 44875; Nearly 1‑acre lot; Upper unit includes 1BR/1BA
More about this property
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