Duplex with Detached
New
For Sale
$185,000
337-339 S 15th Street, Sebring, OH 44672
ResidentialIncome, Sebring, OH
Property Size2,032 SF
Lot Size0.22 Acres
Price / SF$91.04
Days on Market4
Property Features for 337-339 S 15th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Basement, Bathroom 1, Laundry Room, Bedroom 2, Bathroom 2
Parking features
Garage
Appliances
Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Lot features
Back Yard
Elementary school district
Sebring LSD - 5008
Middle school district
Sebring LSD - 5008
High school district
Sebring LSD - 5008
Directions
State Route 62, north on 15th Street , Duplex on the east side of road.
Standard status
Active
APN
21-002-0-125.00-0
Size
2,032 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 1110 40 X 120 15TH, LOT 1109 40 X 120 15TH
Tax Annual Amount
2011
Legal Description
LOT 1110 40 X 120 15TH, LOT 1109 40 X 120 15TH
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
garage
covered front porch
side porches
Building Details
Year built
1916
Floors in Building
2
Building materials
VinylSiding
Roof type
Asphalt, Fiberglass, Slate
Listing Agency:
Keller Williams Chervenic Rlty · Keller Williams Realty
(330) 967-4300
Listed By:
Holly Ritchie · License #2001021919
(330) 360-5323
Added: Oct 12
Changed: Oct 14
Last Checked: Oct 15 at 12:06PM
MLS# 5252414
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.
Investment Insights
Based on property information with market context.
This side-by-side duplex contains 2,032 square feet across two units on a 0.22-acre property comprising two lots. Each unit has two bedrooms, a kitchen, dining room, living room, basement, separate utilities, and porch access. The property received a roof, soffit, and fascia updates in 2024; vinyl siding and newer windows are also present. One unit has an additional half bath, newer appliances, a 2020 water heater, and central air conditioning.
A detached two-car garage offers separate office or workshop space. The site also includes a yard and parking for each unit. One unit has had the same tenant for 10 years.
A detached two-car garage offers separate office or workshop space. The site also includes a yard and parking for each unit. One unit has had the same tenant for 10 years.
Key Highlights
- Side‑by‑side duplex totaling 2,032 square feet on 0.22 acres across two lots
- Two bedrooms, kitchen, dining room, living room, separate utilities, and basement in each unit
- Roof, soffit, and fascia updated in 2024
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
NOI $13,684 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$180.1K
$157.6K – $210.2K
NOI $12,609 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$383.5K
$335.5K – $447.4K
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
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both units have separate utilities and basements, with a two-car garage that includes office or workshop space.
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: Side‑by‑side duplex totaling 2,032 square feet on 0.22 acres across two lots; Two bedrooms, kitchen, dining room, living room, separate utilities, and basement in each unit; Roof, soffit, and fascia updated in 2024
