343 Defiance Road, Saint Marys, OH 45885
MULTI_FAMILY - Saint Marys, OH
- Added:
- May 18, 2026
- Days on Market:
- 51
- Last Refresh:
- Jul 7 at 9:06 am
Property Features for 343 Defiance Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
- Basement
- Crawl Space
- Standard status
- Active Under Contract
- APN
- K3205603204
- Size
- 3,216 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Electric (Heating), Natural Gas, Baseboard
- Cooling system
- Central Air
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Vinyl Siding
Listing agent Krista Hubbell (419) 394-7402
Listing office Plus One Professionals 156 E Spring St., St. Marys, OH (419) 394-7402
Listing date May 18, 2026
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Package includes two side‑by‑side duplexes on separate parcels in St. Marys for 4 total rental units
- Total of approximately 3,216 SF on nearly 0.60 acres, with all four units currently occupied
- Both duplexes offer 2‑bedroom, 1‑bath layouts across all four units
- 1996‑built duplex: vinyl siding, gas forced‑air heat, and a one‑car garage for each unit
- 1981‑built duplex: all‑electric heating and carport for each unit; tenants on month‑to‑month leases
- Sold as‑is (subject to tenant rights); viewing by appointment only June 1st from 12‑1 and 6‑7 (addresses: 343, 345, 339, 341 Defiance)
Overview
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 | $32.8k | $10.20 |
| − Vacancy | −$1.3k | −$0.41 |
| EGI | $31.5k | $9.79 |
| − OpEx | −$9.4k | −$2.94 |
| NOI | $22.0k | $6.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saint Marys
- County
- Auglaize
- State
- Ohio
- Longitude
- -84.396826
- Latitude
- 40.549836
