Fully Occupied
6861 William Dr, Perrysburg, OH 43551
For Sale
$250,000
Two three-bedroom residences offer an established rental configuration with active leases in place for both units.
Property Size2,240 SF
Price / SF$111.61
Days on Market73
Property Features for 6861 William Dr
General Information
Standard status
Size
Property subtype
Occupancy
Building Details
Tenancy
Listing Agency:
Key Realty LTD
(419) 777-5391
Listed By:
Patricia West-Coleman
(419) 262-5306
Source:
Exprealty
Added: Aug 27
Changed: Oct 25
Last Checked: Nov 6 at 12:46PM
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
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Investment Insights
Based on property information with market context.
This duplex contains two residential units, each configured with three bedrooms and two bathrooms. Both residences are occupied, and each tenant is covered by an active lease.
The property is located at 6861 William Dr in Perrysburg, Ohio. Its two-unit layout and existing tenancy provide a straightforward multifamily configuration for an investor seeking an occupied residential income property.
The property is located at 6861 William Dr in Perrysburg, Ohio. Its two-unit layout and existing tenancy provide a straightforward multifamily configuration for an investor seeking an occupied residential income property.
Key Highlights
- Two‑unit duplex configuration
- Each unit includes 3 bedrooms and 2 bathrooms
- Both units are fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,670
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,400
$373.4K
Cap Rate 7%
$266,714
$266.7K
Cap Rate 9%
$207,444
$207.4K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$28.2K $12.60/SF
− Vacancy
−$1.6K −$0.69/SF
EGI
$26.7K $11.91/SF
− OpEx
−$8.0K −$3.57/SF
NOI
$18.7K $8.33/SF
Area
Wood County, OH
Vacancy
5.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,400
Cap Rate 7%
$266,714
Cap Rate 9%
$207,444
Alternative Uses
Best Use
Multifamily LT 5
$266.7K
$233.4K – $311.2K
NOI $18,670 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$246.8K
$215.9K – $287.9K
NOI $17,275 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$521.7K
$456.5K – $608.7K
NOI $36,522 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 43551, OH
43,235
Population
19,434
Households
2.2
Avg Household Size
40
Median Age
50%
College-Educated
97%
High-School Grad
77.6 sq mi
ZIP Area
557
Density / Sq Mi
$91,460
Median Household Income
$58,846
Median Earnings
$1,185
Median Rent
$284,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer an established rental configuration with active leases in place for both units.
Where is this duplex located?
The property is located at 6861 William Dr Perrysburg, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Each unit includes 3 bedrooms and 2 bathrooms; Both units are fully occupied
