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Duplex with Detached Garage

337-339 S 15th Street, Sebring, OH 44672

For Sale
New
$185,000

Two separate residential units offer a combined 2,032 square feet of living area.

Property Size2,032 SF
Price / SF$91.04
Days on Market4

Property Features for 337-339 S 15th Street

General Information

Standard status Active
Size 2,032 SF
Property subtype Residential Income

Additional Details

Road Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,010

Amenities

None, Central Air
Natural Gas, Forced Air
Unfinished
Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Detached, Garage, Paved

Building Details

Year Built 1916
Buildings 1
Stories 2
Listing Agency: Chervenic Realty Inc
Listed By: Holly Ritchie · License #2001021919
Source: Evrealestate
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 2:45PM

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 Chervenic Realty Inc

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Investment Insights

Based on property information with market context.

This duplex at 337-339 S 15th Street contains 2,032 square feet and was built in 1916. Interior features include central air and forced-air heating fueled by natural gas. The property also includes a detached garage and paved exterior area.

Kitchen appliances include a dishwasher, microwave, range, and refrigerator; a washer and dryer are also present. An unfinished area provides additional space within the property.

Key Highlights

  • 2,032 square feet across the duplex
  • Built in 1916
  • Detached garage and paved area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,684
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,680 $273.7K
Cap Rate 7%
$195,486 $195.5K
Cap Rate 9%
$152,044 $152.0K
Market Conditions
NOI Build-Up for 2,032 SF
Gross rent
$20.7K $10.20/SF
− Vacancy
−$1.2K −$0.58/SF
EGI
$19.5K $9.62/SF
− OpEx
−$5.9K −$2.89/SF
NOI
$13.7K $6.73/SF
Area
Mahoning County, OH
Vacancy
5.68%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,680
Cap Rate 7%
$195,486
Cap Rate 9%
$152,044

Alternative Uses

Best Use
Multifamily LT 5
$195.5K
$171.1K – $228.1K (±1% cap)
NOI $13,684 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$180.1K
$157.6K – $210.2K (±1% cap)
NOI $12,609 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$383.5K
$335.5K – $447.4K (±1% cap)
NOI $26,842 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby

Demographics for 44672, OH

4,589
Population
2,670
Households
1.7
Avg Household Size
50
Median Age
17%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
1,480
Density / Sq Mi
$49,835
Median Household Income
$36,326
Median Earnings
$1,173
Median Rent
$98,900
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Mahoning County, OH

$79.32 Jul
$78.28 Aug
$74.18 Sep
$75.11 Oct

Properties on Market for Duplexes in Mahoning County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residential units offer a combined 2,032 square feet of living area.
Where is this duplex located?
The property is located at 337-339 S 15th Street Sebring, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 2,032 square feet across the duplex; Built in 1916; Detached garage and paved area
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