2-Unit
For Sale
$169,900
656 Bruns Dr, Rossford, OH 43460
Both residences are leased on month-to-month terms, with tenants in place for approximately four to five years.
Property Size1,984 SF
Price / SF$85.64
Days on Market28
Property Features for 656 Bruns Dr
General Information
Standard status
Active
Size
1,984 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Average Monthly Rent
$850
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
Key Realty LTD
(419) 777-5391
Listed By:
Fred A. Borgerson · License #MCAR-6501328309
(419) 290-3733
Source:
Exprealty
Added: Sep 9
Changed: Oct 1
Last Checked: Oct 5 at 9:28PM
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 Key Realty LTD
Investment Insights
Based on property information with market context.
This 1,984-square-foot, two-unit townhouse property is occupied by tenants on month-to-month leases. Each residence has a history of approximately four to five years with its current tenant. Updates include a roof installed in 2020, windows replaced in May 2025, and a new A/C unit in Townhouse B.
The property is served by Rossford Schools.
The property is served by Rossford Schools.
Key Highlights
- Two townhouse units totaling 1,984 square feet
- Both units leased month‑to‑month; current tenants have been in place approximately 4‑5 years
- Roof replaced in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,301
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,020
$306.0K
Cap Rate 7%
$218,586
$218.6K
Cap Rate 9%
$170,011
$170.0K
Market Conditions
NOI Build-Up for 1,984 SF
Gross rent
$29.3K $14.76/SF
− Vacancy
−$1.5K −$0.74/SF
EGI
$27.8K $14.02/SF
− OpEx
−$12.5K −$6.31/SF
NOI
$15.3K $7.71/SF
Area
Wood County, OH
Vacancy
5.00%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,020
Cap Rate 7%
$218,586
Cap Rate 9%
$170,011
Alternative Uses
Best Use
Multifamily LT 5
$236.2K
$206.7K – $275.6K
NOI $16,536 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$218.6K
$191.3K – $255.0K
NOI $15,301 @ 7.0% cap · market cap 9.01%
Theoretical Best
Office A
$462.1K
$404.4K – $539.1K
NOI $32,348 @ 7.0% cap · market cap 19.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 43460, OH
6,230
Population
2,753
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
2,396
Density / Sq Mi
$70,547
Median Household Income
$49,105
Median Earnings
$854
Median Rent
$172,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased on month-to-month terms, with tenants in place for approximately four to five years.
Where is this duplex located?
The property is located at 656 Bruns Dr Rossford, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two townhouse units totaling 1,984 square feet; Both units leased month‑to‑month; current tenants have been in place approximately 4‑5 years; Roof replaced in 2020
