Duplex with Updated
For Sale
$380,000
3575 Perry Dr Nw, Massillon, OH 44646
Both units have screened patios, individual two-car garages, and tenants who cover utilities and exterior maintenance.
Property Size2,208 SF
Price / SF$172.10
Days on Market17
Property Features for 3575 Perry Dr Nw
General Information
Standard status
Active
Size
2,208 SF
Property subtype
Residential Income
Occupancy
100%
Units
Multifamily Units
2
Parking per Unit
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,126
Amenities
screened-in patio
Listing Agency:
Cutler Real Estate
(330) 492-7230
Listed By:
Clayton Krasuna · License #2017000791
(330) 590-0918
Source:
Exprealty
Added: Oct 8
Changed: Oct 23
Last Checked: Oct 23 at 5:58PM
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 Cutler Real Estate
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Investment Insights
Based on property information with market context.
This 2,208-square-foot duplex is fully occupied, with a separate two-car garage and screened-in patio for each unit. Interior and mechanical improvements include kitchens, bathrooms, flooring, A/C units, furnaces, and a newer roof.
Tenants pay utilities, lawn care, and snow removal, reducing the property's landlord-paid operating responsibilities. The established occupancy and unit-by-unit garage and patio setup are key features of the property.
Tenants pay utilities, lawn care, and snow removal, reducing the property's landlord-paid operating responsibilities. The established occupancy and unit-by-unit garage and patio setup are key features of the property.
Key Highlights
- Fully occupied duplex with established tenants
- 2,208 square feet across two units
- Each unit includes a separate 2‑car garage and screened‑in patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,469
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,380
$369.4K
Cap Rate 7%
$263,843
$263.8K
Cap Rate 9%
$205,211
$205.2K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$27.3K $12.36/SF
− Vacancy
−$906 −$0.41/SF
EGI
$26.4K $11.95/SF
− OpEx
−$7.9K −$3.58/SF
NOI
$18.5K $8.36/SF
Area
Stark County, OH
Vacancy
3.32%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,380
Cap Rate 7%
$263,843
Cap Rate 9%
$205,211
Alternative Uses
Best Use
Multifamily LT 5
$263.8K
$230.9K – $307.8K
NOI $18,469 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$231.0K
$202.2K – $269.5K
NOI $16,172 @ 7.0% cap · market cap 4.26%
Theoretical Best
Retail
$576.5K
$504.4K – $672.6K
NOI $40,354 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 44646, OH
47,973
Population
20,817
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,666
Density / Sq Mi
$66,767
Median Household Income
$41,021
Median Earnings
$883
Median Rent
$181,600
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
Frequently Asked Questions
What type of property is this?
Duplex - Both units have screened patios, individual two-car garages, and tenants who cover utilities and exterior maintenance.
Where is this duplex located?
The property is located at 3575 Perry Dr Nw Massillon, OH.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Fully occupied duplex with established tenants; 2,208 square feet across two units; Each unit includes a separate 2‑car garage and screened‑in patio
