Two-Unit Duplex with Private
54490 National Rd, Bridgeport, OH 43912
For Sale
$170,000
Pending
Separate lower-level entry and laundry hookups support the two-unit layout.
Property Size1,680 SF
Days on Market98
Property Features for 54490 National Rd
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Multifamily Units
Amenities
washer and dryer hook up
Building Details
Year Built
Buildings
Listing Agency:
RE/MAX Broadwater
Listed By:
Ida Boone
(304) 242-2600
Source:
Northeastohiolistings
Added: Aug 4
Changed: Nov 7
Last Checked: Nov 8 at 6:48AM
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 RE/MAX Broadwater
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,680 square feet and was built in 1900. The lower apartment has its own private entrance and washer and dryer hookups. The upper apartment includes two bedrooms along with its own washer and dryer hookups, providing distinct residential spaces within the property.
Located at 54490 National Rd in Bridgeport, the property offers access to the highway and is positioned for convenient travel within the area.
Located at 54490 National Rd in Bridgeport, the property offers access to the highway and is positioned for convenient travel within the area.
Key Highlights
- Two‑unit duplex with 1,680 square feet
- Built in 1900
- Lower apartment has a private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,096
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,920
$221.9K
Cap Rate 7%
$158,514
$158.5K
Cap Rate 9%
$123,289
$123.3K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$17.1K $10.20/SF
− Vacancy
−$1.3K −$0.77/SF
EGI
$15.9K $9.44/SF
− OpEx
−$4.8K −$2.83/SF
NOI
$11.1K $6.60/SF
Area
Belmont County, OH
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,920
Cap Rate 7%
$158,514
Cap Rate 9%
$123,289
Alternative Uses
Best Use
Multifamily LT 5
$158.5K
$138.7K – $184.9K
NOI $11,096 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$142.9K
$125.0K – $166.7K
NOI $10,002 @ 7.0% cap · market cap 5.88%
Theoretical Best
Specialty Retail
$329.3K
$288.2K – $384.2K
NOI $23,053 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Explore this area
Business Placement
Demographics for 43912, OH
6,060
Population
3,219
Households
1.9
Avg Household Size
47
Median Age
20%
College-Educated
95%
High-School Grad
17.9 sq mi
ZIP Area
339
Density / Sq Mi
$51,753
Median Household Income
$36,447
Median Earnings
$648
Median Rent
$115,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate lower-level entry and laundry hookups support the two-unit layout.
Where is this duplex located?
The property is located at 54490 National Rd Bridgeport, OH.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,680 square feet; Built in 1900; Lower apartment has a private entrance
