534 S Walnut Street, Troy, OH 45373
- Added:
- May 20, 2026
- Days on Market:
- 24
- Last Refresh:
- Jun 12 at 2:06 am
Property Features for 534 S Walnut Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 9, Bedroom 4, Bedroom 2
- Parking features
- Garage
- Basement
- Full
- Standard status
- Pending
- APN
- D08006110
- Size
- 1,556 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1894
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Vinyl Siding
Listing agent Kaitlyn Stewart (937) 665-1800
Listing office Coldwell Banker Heritage Realtors 19 S Weston Rd., Troy, OH (937) 665-1800
Listing date May 20, 2026
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Multi‑family residence with 1,783 SF on a 0.22‑acre lot in Troy
- Features 3 bedrooms and 3 full bathrooms
- Recent updates include a new roof, new flooring, and new toilets
- Each unit includes a range and refrigerator
- Vinyl siding with electric heating and window unit cooling
- Garage parking plus public sewer service; patio and porch on the property
Overview
Located at 534 S Walnut Street in Troy, Ohio, the property sits on a lot identified as 0.09 acres. The offering is for sale, and the seller indicates willingness to package this property for a portfolio deal; interested parties should contact the agent for qualifying parcels and rent details.
For tenants or buyers seeking a manageable multifamily setup, the combination of unit-level appliances and completed interior and exterior updates can reduce near-term turnover work. The presence of outdoor living areas may support everyday tenant comfort, while the three-unit layout offers multiple revenue streams within one property.
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 | $21.5k | $13.80 |
| − Vacancy | −$1.3k | −$0.85 |
| EGI | $20.1k | $12.95 |
| − OpEx | −$6.0k | −$3.88 |
| NOI | $14.1k | $9.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Miami
- State
- Ohio
- Longitude
- -84.206771
- Latitude
- 40.033596
