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    Historical Duplex Investment Opportunity Title is generated by Realmo AI

    328-330 E Washington Street, Lisbon, OH 44432

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    Claim this Listing
    For Sale
    $235,000

    MULTI_FAMILY - Lisbon, OH

    Property size:
    3,104 SF
    Lot size:
    0.79 Acres
    Price / SF:
    $75/SF
    Added:
    Feb 26, 2026
    Days on Market:
    128
    Last Refresh:
    Jul 4 at 6:06 pm

    Property Features for 328-330 E Washington Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    2
    Rooms
    Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Basement, Bedroom 3, Bathroom 1, Bedroom 2, Laundry Room, Bedroom 8
    Parking features
    Driveway, Off Street
    Window features
    Wood Frames
    Interior features
    EntranceFoyer, HighCeilings, Pantry
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    0900014000
    Size
    3,104 SF
    Lot size
    0.79 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    3 14 13 S M SE 1/4 .25A
    Tax Annual Amount
    1048

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1867
    Floors in Building
    2
    Building materials
    WoodSiding
    Roof type
    Slate

    We can help!

    Contact an agent
    Dana L Channels
    Dana L Channels

    Listing agent Dana L Channels License #2007004904

    Listing office Cedar One Realty 15700 State Route 170 Suite B, Wintersville, OH

    Listing date Feb 26, 2026

    MLS# 5188895 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

    • Duplex built in 1867 with classic wood siding and a slate roof
    • Two mirrored units, each with 4 bedrooms and its own basement
    • Each side includes laundry hook‑up in the basement
    • Public water and public sewer connected
    • Parking includes a back driveway with 2 off‑street spaces
    • Both sides are currently rented (24‑hour notice required to view), with a deed‑attached covenant for structural change review

    Overview

    This charming historical investment property, located in Lisbon, OH, is a duplex featuring 4 bedrooms on each side. The property is filled with classic old wood character and timeless appeal, combining vintage craftsmanship with a warm, home-like feel suitable for tenants. Each side of the duplex includes its own basement with laundry hook-ups and two parking spaces in the back driveway. An extra lot is situated to one side of the home. The property offers the opportunity to live in one side and rent the other, potentially offsetting or covering the mortgage. To maintain the historic integrity of the home, a covenant is being attached to the deed to require review of any changes to the structure. The property size is 3104 square feet, situated on a lot of 0.7908 acres. Both sides are currently rented.

    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 $31.7k $10.20
    − Vacancy −$1.5k −$0.48
    EGI $30.2k $9.72
    − OpEx −$9.0k −$2.91
    NOI $21.1k $6.80
    3,104 SF · lease $10.20/SF/yr · vacancy 4.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $301.6K
    $263.9K – $351.8K (±1% cap)
    NOI $21,110 @ 7.0% cap · market cap 8.98%
    Second Best
    Apartment 5plus
    $278.0K
    $243.3K – $324.4K (±1% cap)
    NOI $19,462 @ 7.0% cap · market cap 8.28%
    Theoretical Best
    Warehouse
    $2.62M
    $2.29M – $3.06M (±1% cap)
    NOI $183,538 @ 7.0% cap · market cap 78.10%
    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 Spa & Massage Center Hair Salon Dental Office Gym & Fitness Center Department Store Bar & Pub Food Market Grocery & Convenience Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lisbon
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.76384
    Latitude
    40.770706

    FAQs

    What type of property is this?
    Duplex - Charming duplex with vintage appeal, perfect for investors or homeowners.
    Where is this duplex located?
    The property is located at 328-330 E Washington Street Lisbon, 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: Duplex built in 1867 with classic wood siding and a slate roof; Two mirrored units, each with 4 bedrooms and its own basement; Each side includes laundry hook‑up in the basement
    More about this property
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