Acreage Duplex with Attached
6264 Paris Ave, Louisville, OH 44641
For Sale
$319,900
Two complete residences offer practical layouts, private garages, and shared outdoor space in a quiet country setting.
Property Size1,728 SF
Lot Size1.47 Acres
Price / SF$185.13
Days on Market50
Property Features for 6264 Paris Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
shared deck
Building Details
Year Built
Listing Agency:
Tarter Realty
Listed By:
Shirley Ryan · License #2008001912
(330) 221-3585
Source:
Theacclaimedrealty
Added: Sep 19
Changed: Nov 3
Last Checked: Nov 6 at 11:19AM
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 Tarter Realty
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Investment Insights
Based on property information with market context.
Built in 1969, this duplex contains 1,728 square feet across two separate residences. Each unit includes two bedrooms, one-and-a-half bathrooms, a functional living arrangement, and an attached one-car garage. Both kitchens have appliances, while one residence also includes a washer and dryer. A shared deck extends the usable outdoor area and faces the backyard and surrounding country views.
The property at 6264 Paris Ave in Louisville, Ohio, occupies 1.47 acres. The roof was replaced in 2010, and the improvements have been well maintained. The two-unit configuration provides distinct residences along with dedicated garage space for each side.
The property at 6264 Paris Ave in Louisville, Ohio, occupies 1.47 acres. The roof was replaced in 2010, and the improvements have been well maintained. The two-unit configuration provides distinct residences along with dedicated garage space for each side.
Key Highlights
- Two‑unit duplex with 1,728 square feet
- Each unit has 2 bedrooms and 1.5 baths
- Attached 1‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,454
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,080
$289.1K
Cap Rate 7%
$206,486
$206.5K
Cap Rate 9%
$160,600
$160.6K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$21.4K $12.36/SF
− Vacancy
−$709 −$0.41/SF
EGI
$20.6K $11.95/SF
− OpEx
−$6.2K −$3.58/SF
NOI
$14.5K $8.36/SF
Area
Stark County, OH
Vacancy
3.32%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,080
Cap Rate 7%
$206,486
Cap Rate 9%
$160,600
Alternative Uses
Best Use
Multifamily LT 5
$206.5K
$180.7K – $240.9K
NOI $14,454 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$180.8K
$158.2K – $210.9K
NOI $12,656 @ 7.0% cap · market cap 3.96%
Theoretical Best
Retail
$451.2K
$394.8K – $526.4K
NOI $31,581 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
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Business Placement
Demographics for 44641, OH
20,399
Population
8,412
Households
2.4
Avg Household Size
44
Median Age
25%
College-Educated
96%
High-School Grad
54.9 sq mi
ZIP Area
372
Density / Sq Mi
$78,128
Median Household Income
$42,035
Median Earnings
$834
Median Rent
$199,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Stark County, OH
Properties on Market for Duplexes in Stark County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two complete residences offer practical layouts, private garages, and shared outdoor space in a quiet country setting.
Where is this duplex located?
The property is located at 6264 Paris Ave Louisville, OH.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,728 square feet; Each unit has 2 bedrooms and 1.5 baths; Attached 1‑car garage for each residence
