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Waterfront Duplex with Dock
For Sale
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5238 1st Street NE, Thornville, OH 43076

Furnished A-frame offers two private-entry living spaces and direct canal frontage.

Property SizeContact for details
Days on Market118

Property Features for 5238 1st Street NE

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Multifamily
Occupancy 100%
Net Operating Income $53,400

Additional Details

Furnished Yes
Multifamily Units 2

Amenities

hot tub
deck
boat dock
generator

Building Details

Year Built 2023
Buildings 1
Units 2
Construction A-frame
Listing Agency: LEPI & ASSOCIATES
Listed By: Betsy Skrobot · License #2020002215
Source: Crexi
Added: May 6 Changed: Aug 31 Last Checked: Aug 31 at 2:19AM

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 LEPI & ASSOCIATES

Investment Insights

Based on property information with market context.

Built in 2023, this fully furnished custom A-frame is arranged as a duplex with two distinct living areas. Each side has a separate entrance and its own hot tub, allowing the property to function as a two-unit residence or a single home. The larger side includes two bedrooms, one bathroom, and floor-to-ceiling windows. The other side features an open layout with a lofted bedroom area.

Outdoor improvements include a 60-foot composite deck that can be divided for privacy, along with a 60-foot boat dock accommodating up to three boats. The property sits on a private canal just off the main lake and includes a new deck, dock, and seawall. Additional systems include a whole-house generator and two HVAC systems.

Key Highlights

  • Two separate living spaces with private entrances and individual hot tubs
  • Custom A‑frame construction completed in 2023; fully furnished
  • 60‑foot composite deck with privacy partitioning capability

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Law Firm Electrical Service Auto Parts Store Pharmacy Cafe & Coffee Shop

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

60
Businesses Nearby

Demographics for 43076, OH

9,145
Population
4,078
Households
2.2
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
65.2 sq mi
ZIP Area
140
Density / Sq Mi
$84,051
Median Household Income
$53,624
Median Earnings
$892
Median Rent
$274,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Furnished A-frame offers two private-entry living spaces and direct canal frontage.
Where is this duplex located?
The property is located at 5238 1st Street NE Thornville, OH.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Two separate living spaces with private entrances and individual hot tubs; Custom A‑frame construction completed in 2023; fully furnished; 60‑foot composite deck with privacy partitioning capability
(740) 704-7517 Call to check price and availability
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