Side-by-Side
New
For Sale
$525,000
520-522 Main St, Milford, OH 45150
Both residences received extensive interior and exterior improvements in 2021.
Property Size2,156 SF
Price / SF$243.51
Days on Market7
Property Features for 520-522 Main St
General Information
Standard status
Active
Size
2,156 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1919
Year Renovated
2021
Buildings
1
Listing Agency:
Leis Realty Company
(937) 548-5750
Listed By:
Streetlight Realty
(937) 626-4181
Source:
Streetlightrealtors
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 5 at 6:28PM
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 Leis Realty Company
Investment Insights
Based on property information with market context.
This side-by-side duplex at 520-522 Main St in Milford contains two separate living spaces. A 2021 renovation covered the roof, kitchens, bathrooms, plumbing, electrical systems, flooring, windows, exterior, water heaters and HVAC, bringing updates across both units and the building envelope.
The property is in Old Milford, near the Scenic Bike Trail, Little Miami River, parks, restaurants, bars, boutiques and shopping. The two-unit configuration supports separate household use, with rental income from one unit described as an option for an owner occupying the other.
The property is in Old Milford, near the Scenic Bike Trail, Little Miami River, parks, restaurants, bars, boutiques and shopping. The two-unit configuration supports separate household use, with rental income from one unit described as an option for an owner occupying the other.
Key Highlights
- Side‑by‑side duplex with two separate living spaces
- 2021 work included roof, kitchens, bathrooms, plumbing, electrical, flooring, windows, exterior, water heaters and HVAC
- At 520‑522 Main St in Old Milford, Milford, Ohio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,288
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,760
$465.8K
Cap Rate 7%
$332,686
$332.7K
Cap Rate 9%
$258,756
$258.8K
Market Conditions
NOI Build-Up for 2,156 SF
Gross rent
$34.9K $16.20/SF
− Vacancy
−$1.7K −$0.77/SF
EGI
$33.3K $15.43/SF
− OpEx
−$10.0K −$4.63/SF
NOI
$23.3K $10.80/SF
Area
Clermont County, OH
Vacancy
4.75%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,760
Cap Rate 7%
$332,686
Cap Rate 9%
$258,756
Alternative Uses
Best Use
Multifamily LT 5
$332.7K
$291.1K – $388.1K
NOI $23,288 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$289.7K
$253.5K – $338.0K
NOI $20,277 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$386.5K
$338.2K – $451.0K
NOI $27,057 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 45150, OH
33,735
Population
14,432
Households
2.3
Avg Household Size
42
Median Age
41%
College-Educated
95%
High-School Grad
32.3 sq mi
ZIP Area
1,044
Density / Sq Mi
$91,780
Median Household Income
$51,494
Median Earnings
$1,033
Median Rent
$267,900
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 - Both residences received extensive interior and exterior improvements in 2021.
Where is this duplex located?
The property is located at 520-522 Main St Milford, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Side‑by‑side duplex with two separate living spaces; 2021 work included roof, kitchens, bathrooms, plumbing, electrical, flooring, windows, exterior, water heaters and HVAC; At 520‑522 Main St in Old Milford, Milford, Ohio
