Duplex with Detached Four-Car
For Sale
$439,900
37952 French Creek Road, Avon, OH 44011
ResidentialIncome, Avon, OH
Property Size3,000 SF
Lot Size0.79 Acres
Price / SF$146.63
Days on Market9
Property Features for 37952 French Creek Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 3, Bathroom 2, Bathroom 4, Laundry Room, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 4, Basement
Parking features
Garage, Driveway
Window features
Blinds, Aluminum Frames
Interior features
LaminateCounters
Exterior features
PrivateYard
Appliances
Dryer, Microwave, Range, Refrigerator
Lot features
Back Yard, Flat, Front Yard, Level, Paved, Few Trees
Elementary school district
Avon LSD - 4703
Middle school district
Avon LSD - 4703
High school district
Avon LSD - 4703
Directions
Detroit Road, to French Creek Road.
Standard status
Active
APN
04-00-010-113-195
Size
3,000 SF
Lot size
0.79 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5058
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1979
Floors in Building
3
Building materials
AluminumSiding, Block
Roof type
Shingle, Composition
Listing Agency:
RE/MAX Crossroads Properties · RE/MAX International
(440) 331-2870
Listed By:
Barb Barkes · License #2011000061
(703) 314-6103
Added: Oct 19
Changed: Oct 26
Last Checked: Oct 27 at 6:06PM
MLS# 5254924
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.
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Investment Insights
Based on property information with market context.
This 3,000-square-foot duplex in Avon contains two units, each with three bedrooms and 1.5 bathrooms. One basement is partly finished; the other is unfinished. A deck extends from the kitchen area, and a partition separates the two sides. The property also includes a detached four-car garage, a paved driveway, a level yard, and a whole-house generator. A new roof is in place. One unit received a newer air-conditioning system in May 2026, and both furnaces and HVAC systems were recently serviced.
The property occupies a 0.79-acre treed lot along French Creek Road. Public water and sewer serve the site. Both units are occupied under month-to-month leases.
The property occupies a 0.79-acre treed lot along French Creek Road. Public water and sewer serve the site. Both units are occupied under month-to-month leases.
Key Highlights
- Duplex with 3,000 square feet and two three‑bedroom, 1.5‑bath units
- 0.79‑acre lot in Avon
- Detached four‑car garage, paved driveway, and additional parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,473
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,460
$549.5K
Cap Rate 7%
$392,471
$392.5K
Cap Rate 9%
$305,256
$305.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$41.4K $13.80/SF
− Vacancy
−$2.2K −$0.72/SF
EGI
$39.2K $13.08/SF
− OpEx
−$11.8K −$3.92/SF
NOI
$27.5K $9.16/SF
Area
Lorain County, OH
Vacancy
5.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,460
Cap Rate 7%
$392,471
Cap Rate 9%
$305,256
Alternative Uses
Best Use
Multifamily LT 5
$392.5K
$343.4K – $457.9K
NOI $27,473 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$366.6K
$320.8K – $427.7K
NOI $25,661 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$756.0K
$661.5K – $882.0K
NOI $52,920 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
Demographics for 44011, OH
24,847
Population
9,782
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
98%
High-School Grad
20.8 sq mi
ZIP Area
1,195
Density / Sq Mi
$126,618
Median Household Income
$67,143
Median Earnings
$1,446
Median Rent
$377,100
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 - Two three-bedroom units sit on a treed 0.79-acre parcel in Avon.
Where is this duplex located?
The property is located at 37952 French Creek Road Avon, OH.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Duplex with 3,000 square feet and two three‑bedroom, 1.5‑bath units; 0.79‑acre lot in Avon; Detached four‑car garage, paved driveway, and additional parking
