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Renovated Duplex
For Sale
$150,000

523 Washington St, Martins Ferry, OH 43935

Vacant two-unit property with separate utilities, updated systems, and off-street parking.

Property Size2,762 SF
Price / SF$54.31
Days on Market8

Property Features for 523 Washington St

General Information

Standard status Active
Size 2,762 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 3BR/1.5BA, 2BR/1.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,594
Listing Agency: Real of Ohio
Listed By: Jenna Mayeres · License #2021000969
Source: Exprealty
Added: Aug 13 Changed: Aug 18 Last Checked: Aug 20 at 11:31AM

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 Real of Ohio

Investment Insights

Based on property information with market context.

This vacant duplex contains 2762 square feet and has been comprehensively updated for immediate ownership or leasing. The first residence offers 3 bedrooms and 1.5 baths, while the second includes 2 bedrooms and 1.5 baths. Each unit has its own utility service, and the property includes new main electrical services. One side also has a newer furnace and central air. Interior improvements and a newly poured concrete porch complete the recent work, while two off-street parking spaces serve the property.

Located at 523 Washington St in Martins Ferry, Ohio, the building presents a straightforward two-unit configuration with separate residences and independently metered utilities. Its vacant status allows the next owner to occupy one unit, lease both, or establish a different operating plan supported by the existing layout.

Key Highlights

  • 2762‑square‑foot duplex with 3‑bedroom and 2‑bedroom units
  • Unit mix includes 3 bedrooms and 1.5 baths plus 2 bedrooms and 1.5 baths
  • Separate utilities and new main electrical services for the two units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

512
Businesses Nearby

Demographics for 43935, OH

7,968
Population
4,130
Households
1.9
Avg Household Size
42
Median Age
13%
College-Educated
92%
High-School Grad
19.3 sq mi
ZIP Area
413
Density / Sq Mi
$50,109
Median Household Income
$28,726
Median Earnings
$822
Median Rent
$101,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant two-unit property with separate utilities, updated systems, and off-street parking.
Where is this duplex located?
The property is located at 523 Washington St Martins Ferry, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2762‑square‑foot duplex with 3‑bedroom and 2‑bedroom units; Unit mix includes 3 bedrooms and 1.5 baths plus 2 bedrooms and 1.5 baths; Separate utilities and new main electrical services for the two units
More about this property
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