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Renovated Duplex with Shared Laundry
For Sale
$199,999

402 Bucyrus St, Crestline, OH 44827

The two units feature updated kitchens and bathrooms, with a shared laundry room.

Property Size2,692 SF
Price / SF$74.29
Days on Market65

Property Features for 402 Bucyrus St

General Information

Standard status Active
Size 2,692 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,125

Amenities

shared laundry room

Building Details

Year Renovated 2025
Listing Agency: Sluss Realty
Listed By: Marc Sleeckx
Source: Exprealty
Added: Aug 21 Changed: Oct 4 Last Checked: Oct 23 at 9:28AM

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 Sluss Realty

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Investment Insights

Based on property information with market context.

This 2,692-square-foot duplex contains two separate living units and was extensively renovated in 2025. Improvements include new plumbing, electrical systems, windows, drywall, flooring, kitchens, and bathrooms. Each unit has a new furnace and central A/C system, while a shared laundry room serves both residences.

One unit is occupied, and the second is vacant. The vacant residence can accommodate a new tenant or an owner-occupant, while the existing occupancy provides an established rental arrangement. The property is located at 402 Bucyrus St in Crestline, Ohio.

Key Highlights

  • 2,692‑square‑foot duplex with two separate living units
  • Extensively remodeled in 2025
  • New plumbing, electrical, windows, drywall, flooring, kitchens, and bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,164
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,280 $363.3K
Cap Rate 7%
$259,486 $259.5K
Cap Rate 9%
$201,822 $201.8K
Market Conditions
NOI Build-Up for 2,692 SF
Gross rent
$27.5K $10.20/SF
− Vacancy
−$1.5K −$0.56/SF
EGI
$25.9K $9.64/SF
− OpEx
−$7.8K −$2.89/SF
NOI
$18.2K $6.75/SF
Area
Crawford County, OH
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,280
Cap Rate 7%
$259,486
Cap Rate 9%
$201,822

Alternative Uses

Best Use
Multifamily LT 5
$259.5K
$227.1K – $302.7K (±1% cap)
NOI $18,164 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$241.1K
$211.0K – $281.3K (±1% cap)
NOI $16,879 @ 7.0% cap · market cap 8.44%
Theoretical Best
Specialty Retail
$527.7K
$461.8K – $615.7K (±1% cap)
NOI $36,940 @ 7.0% cap · market cap 18.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

Demographics for 44827, OH

6,973
Population
3,564
Households
2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
48.5 sq mi
ZIP Area
144
Density / Sq Mi
$53,089
Median Household Income
$32,334
Median Earnings
$744
Median Rent
$111,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - The two units feature updated kitchens and bathrooms, with a shared laundry room.
Where is this duplex located?
The property is located at 402 Bucyrus St Crestline, OH.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: 2,692‑square‑foot duplex with two separate living units; Extensively remodeled in 2025; New plumbing, electrical, windows, drywall, flooring, kitchens, and bathrooms
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