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Occupied Duplex with Detached Garage
For Sale
$109,000

538 W Main St, Geneva, OH 44041

Two occupied units offer separate heating systems, lower-level laundry access, and shared garage storage.

Property Size1,432 SF
Price / SF$76.12
Days on Market51

Property Features for 538 W Main St

General Information

Standard status Active
Size 1,432 SF
Total Parking Spaces 1
Property subtype Multi-Family
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Average Monthly Rent $587.50
Multifamily Units 2

Amenities

covered front porch
back deck
lower level for laundry

Building Details

Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: Platinum Real Estate
Listed By: Shawni L Marich · License #2016001879
Source: Theacclaimedrealty
Added: Aug 25 Changed: Oct 11 Last Checked: Oct 7 at 4:35PM

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 Platinum Real Estate

Investment Insights

Based on property information with market context.

This 1,432-square-foot up-and-down duplex contains two occupied residential units, each with its own heating arrangement. The first-floor unit uses a furnace installed approximately 1 year ago and has access to lower-level laundry space. The upstairs unit is heated with electric baseboard equipment. Both units can use the detached 1-car block garage for storage. Exterior features include a covered front porch and rear deck.

The property is in Geneva city near the hospital, shopping, and dining. The beach and I-90 are each less than 10 minutes away. Tenants pay electric service, while the owner pays water, sewer, and trash. Both leases are currently month-to-month, with the first-floor tenancy in place for 3 years and the upstairs tenancy for 2 years.

Key Highlights

  • 1,432 SF up‑and‑down duplex with 2 occupied units
  • Detached 1‑car block garage provides storage access for both units
  • Covered front porch and rear deck

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Real Estate Agency 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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

401
Businesses Nearby

Demographics for 44041, OH

13,910
Population
7,155
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
214
Density / Sq Mi
$58,438
Median Household Income
$37,644
Median Earnings
$816
Median Rent
$167,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two occupied units offer separate heating systems, lower-level laundry access, and shared garage storage.
Where is this duplex located?
The property is located at 538 W Main St Geneva, OH.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: 1,432 SF up‑and‑down duplex with 2 occupied units; Detached 1‑car block garage provides storage access for both units; Covered front porch and rear deck
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