Duplex with Recent
For Sale
$165,000
422 5th St, Struthers, OH 44471
Flexible two-unit property with functional living areas and options for owner occupancy, rental use, or extended-family living.
Property Size2,016 SF
Price / SF$81.85
Days on Market18
Property Features for 422 5th St
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1918
Buildings
1
Listing Agency:
RE/MAX Crossroads Properties
(440) 781-4531
Listed By:
Cole Belter · License #2024004251
Source:
Theacclaimedrealty
Added: Aug 13
Changed: Aug 29
Last Checked: Aug 29 at 7:04PM
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 RE/MAX Crossroads Properties
Investment Insights
Based on property information with market context.
This duplex contains 2,016 square feet with a total of 4 bedrooms and 3 full bathrooms. Built in 1918, the property includes two residential units with spacious rooms, comfortable living areas, and practical floor plans. A roof installed approximately 2 years ago is the most recent documented improvement.
The property is located at 422 5th St in Struthers, Ohio. Shopping, restaurants, parks, schools, and everyday amenities are located nearby, with access to surrounding communities while retaining a neighborhood setting.
The two-unit configuration accommodates several ownership approaches, including living in one unit while generating rental income from the other, housing extended family, or operating both units as a residential income property.
The property is located at 422 5th St in Struthers, Ohio. Shopping, restaurants, parks, schools, and everyday amenities are located nearby, with access to surrounding communities while retaining a neighborhood setting.
The two-unit configuration accommodates several ownership approaches, including living in one unit while generating rental income from the other, housing extended family, or operating both units as a residential income property.
Key Highlights
- Duplex with 2,016 square feet of residential space
- 4 bedrooms and 3 full bathrooms across two units
- Roof is approximately 2 years old
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,577
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$271,540
$271.5K
Cap Rate 7%
$193,957
$194.0K
Cap Rate 9%
$150,856
$150.9K
Market Conditions
NOI Build-Up for 2,016 SF
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.
Gross rent
$20.6K $10.20/SF
− Vacancy
−$1.2K −$0.58/SF
EGI
$19.4K $9.62/SF
− OpEx
−$5.8K −$2.89/SF
NOI
$13.6K $6.73/SF
Area
Mahoning County, OH
Vacancy
5.68%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$271,540
Cap Rate 7%
$193,957
Cap Rate 9%
$150,856
Alternative Uses
Best Use
Multifamily LT 5
$194.0K
$169.7K – $226.3K
NOI $13,577 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$178.7K
$156.4K – $208.5K
NOI $12,510 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$380.4K
$332.9K – $443.9K
NOI $26,631 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 44471, OH
10,445
Population
5,120
Households
2
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
4.5 sq mi
ZIP Area
2,321
Density / Sq Mi
$52,811
Median Household Income
$33,313
Median Earnings
$845
Median Rent
$97,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Flexible two-unit property with functional living areas and options for owner occupancy, rental use, or extended-family living.
Where is this duplex located?
The property is located at 422 5th St Struthers, OH.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Duplex with 2,016 square feet of residential space; 4 bedrooms and 3 full bathrooms across two units; Roof is approximately 2 years old
