Duplex with Attached
For Sale
$199,900
Pending
403 Clyburn Ave, Washington Court House, OH 43160
Two residential units provide different bedroom configurations, eat-in kitchens, and washer/dryer connections.
Property Size1,907 SF
Days on Market64
Property Features for 403 Clyburn Ave
General Information
Standard status
Pending
Size
1,907 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2 Bedroom, 1 x 3 Bedroom
Multifamily Units
2
Building Details
Year Built
2004
Tenancy
Multi
Listing Agency:
Brian Thompson, Howard Hanna Real Estate Svcs
Listed By:
Contact LOCAL Agent
(614) 291-1200
Source:
Realtyohio
Added: Aug 17
Changed: Oct 16
Last Checked: Oct 16 at 8:38AM
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 Brian Thompson, Howard Hanna Real Estate Svcs
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Investment Insights
Based on property information with market context.
Built in 2004, this duplex contains 1,907 square feet across two residential units. The floor plan includes one 2-bedroom unit and one 3-bedroom unit, giving the property a varied unit mix. Both residences feature eat-in kitchens, washer/dryer hookups, and generously sized living rooms.
Attached garages serve the units, and the building occupies a corner lot at 403 Clyburn Ave in Washington Court House, Ohio. The property is positioned at the edge of town and has tenants in place who may wish to remain.
Attached garages serve the units, and the building occupies a corner lot at 403 Clyburn Ave in Washington Court House, Ohio. The property is positioned at the edge of town and has tenants in place who may wish to remain.
Key Highlights
- 1,907‑square‑foot duplex built in 2004
- Unit mix includes one 2‑bedroom residence and one 3‑bedroom residence
- Attached garages serve the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,110
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,200
$342.2K
Cap Rate 7%
$244,429
$244.4K
Cap Rate 9%
$190,111
$190.1K
Market Conditions
NOI Build-Up for 1,907 SF
Gross rent
$26.3K $13.80/SF
− Vacancy
−$1.9K −$0.98/SF
EGI
$24.4K $12.82/SF
− OpEx
−$7.3K −$3.85/SF
NOI
$17.1K $8.97/SF
Area
Fayette County, OH
Vacancy
7.12%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,200
Cap Rate 7%
$244,429
Cap Rate 9%
$190,111
Alternative Uses
Best Use
Multifamily LT 5
$244.4K
$213.9K – $285.2K
NOI $17,110 @ 7.0% cap · market cap 8.56%
Second Best
Apartment 5plus
$216.2K
$189.2K – $252.3K
NOI $15,135 @ 7.0% cap · market cap 7.57%
Theoretical Best
Specialty Retail
$531.9K
$465.4K – $620.6K
NOI $37,234 @ 7.0% cap · market cap 18.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 43160, OH
22,117
Population
10,012
Households
2.2
Avg Household Size
41
Median Age
14%
College-Educated
86%
High-School Grad
213.2 sq mi
ZIP Area
104
Density / Sq Mi
$57,475
Median Household Income
$38,296
Median Earnings
$802
Median Rent
$162,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide different bedroom configurations, eat-in kitchens, and washer/dryer connections.
Where is this duplex located?
The property is located at 403 Clyburn Ave Washington Court House, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,907‑square‑foot duplex built in 2004; Unit mix includes one 2‑bedroom residence and one 3‑bedroom residence; Attached garages serve the property
