Duplex with Separate
507 North 9th Street Cambridge, OH 43725
507 North 9th Street, Cambridge, OH, 43725
$169,900
For Sale
$169,900
Residential Multi Family, Other - Cambridge, OH
Property Size1,752 SF
Lot Size0.14 Acres
Price / SF$96.97
Days on Market47
Property Features for 507 North 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
- Standard status
- Active
- Size
- 1,752 SF
- Lot size
- 0.14 Acres
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing Agency
NextHome New Horizons Equity Realty
833THENEXT
607 Wheeling Avenue, OH
Listed by
Sara Mignano · License #2024003959,PersonLicenseNumber
(740) 260-9256
Added: Jun 1 Checked: Jul 17 at 10:06 am
MLS# 5214909
Listing URL
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex features a 1-bedroom, 1-bath unit and a 2-3 bedroom, 1-bath unit. Both units include laundry hookups and newly renovated kitchens. Recent updates also include newer vinyl flooring and metal roofing.
The property provides two parking options and has all utilities separated, supporting independent unit operations.
With two separate living configurations, the building offers an income-producing multifamily setup designed around updated interiors and practical onsite parking.
The property provides two parking options and has all utilities separated, supporting independent unit operations.
With two separate living configurations, the building offers an income-producing multifamily setup designed around updated interiors and practical onsite parking.
Key Highlights
- Duplex built in 1900 with a 1BD/1BA unit and a 2–3BD/1BA unit
- Both units have laundry hookups
- Newly renovated kitchens in both units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.1k | $12.60 |
| − Vacancy | −$1.5k | −$0.84 |
| EGI | $20.6k | $11.76 |
| − OpEx | −$6.2k | −$3.53 |
| NOI | $14.4k | $8.23 |
1,752 SF · lease $12.60/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$206.1K
$180.3K – $240.4K
NOI $14,425 @ 7.0% cap · market cap 8.49%
Second Best
Apartment 5plus
$190.5K
$166.7K – $222.3K
NOI $13,335 @ 7.0% cap · market cap 7.85%
Theoretical Best
Mixed Use
$407.2K
$356.3K – $475.1K
NOI $28,507 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hair After
Hair Salon
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FAQs
What type of property is this?
Duplex - Duplex with two units, laundry hookups, newly renovated kitchens, and separated utilities.
Where is this duplex located?
The property is located at 507 North 9th Street Cambridge, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Duplex built in 1900 with a 1BD/1BA unit and a 2–3BD/1BA unit; Both units have laundry hookups; Newly renovated kitchens in both units
