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Duplex with Conversion Flexibility

57 Charles Avenue Boardman, OH 44512

57 Charles Avenue, Boardman, OH, 44512
$174,900
For Sale
$174,900

Residential Multi Family, Other - Boardman, OH

Property Size1,698 SF
Lot Size0.36 Acres
Price / SF$103
Days on Market100

Property Features for 57 Charles Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Standard status
Active
Size
1,698 SF
Lot size
0.36 Acres

Building Details

Year built
1926
Architectural style
Other
Listing Agency NextHome GO30 Realty
8433 South Avenue, 1-4, OH
Listed by Dan Dull · License #BRKP.2006000965,PersonLicenseNumber
Added: Apr 9 Checked: Jul 17 at 3:06 am
MLS# 5198347 Listing URL

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This move-in ready duplex offers 4 bedrooms and 2 bathrooms with approximately 1,698 square feet of living space. The layout also provides flexibility to convert the arrangement into a single-family home by opening an interior door.

Located at 57 Charles Avenue in Boardman, the property sits on a large parcel and is positioned close to shopping and daily conveniences.

Ideal for buyers seeking a straightforward duplex configuration with built-in adaptability, this residence combines comfortable space with a practical alternative living setup.

Key Highlights

  • 4‑bedroom, 2‑bath duplex with 1,698 sq ft of living space
  • Year built: 1926
  • Interior flexibility: can be converted to a single‑family home by opening an interior door

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 $17.3k $10.20
− Vacancy −$984 −$0.58
EGI $16.3k $9.62
− OpEx −$4.9k −$2.89
NOI $11.4k $6.73
1,698 SF · lease $10.20/SF/yr · vacancy 5.68% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$163.4K
$142.9K – $190.6K (±1% cap)
NOI $11,435 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$150.5K
$131.7K – $175.6K (±1% cap)
NOI $10,537 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$320.4K
$280.4K – $373.8K (±1% cap)
NOI $22,430 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Electrical Service HVAC Service Plumbing Service Kitchen & Bath Showroom Locksmith Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Move-in ready 4-bedroom, 2-bath duplex on a large parcel with the option to convert to single-family living.
Where is this duplex located?
The property is located at 57 Charles Avenue Boardman, OH.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 4‑bedroom, 2‑bath duplex with 1,698 sq ft of living space; Year built: 1926; Interior flexibility: can be converted to a single‑family home by opening an interior door
Contact an agent
More about this property
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