Duplex with Attached Living
New
For Sale
$250,000
6892 Us Highway 68 N, Bellefontaine, OH 43311
An additional one-bedroom residence is connected to the main home, offering potential rental use.
Property Size2,960 SF
Price / SF$84.46
Days on Market6
Property Features for 6892 Us Highway 68 N
General Information
Standard status
Active
Size
2,960 SF
Property subtype
Multi-Family
Building Details
Year Built
1900
Listing Agency:
Nicholas Huscroft, Chosen Real Estate Group
Listed By:
The Daniel Team
(614) 402-5212
Source:
Newdirectionsrealtyltd
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 4 at 9:22AM
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 Nicholas Huscroft, Chosen Real Estate Group
Investment Insights
Based on property information with market context.
This duplex includes a four-bedroom, 2.5-bath main home and an attached one-bedroom, one-bath living area. The property was built in 1900, and the additional space may be used for rental purposes or other needs identified for the property.
Located on US 68 N, the property is just north of Bellefontaine, Ohio.
Located on US 68 N, the property is just north of Bellefontaine, Ohio.
Key Highlights
- Four‑bedroom, 2.5‑bath main residence
- Attached one‑bedroom, one‑bath living area
- Additional living space offers potential rental use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,046
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,920
$200.9K
Cap Rate 7%
$143,514
$143.5K
Cap Rate 9%
$111,622
$111.6K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$15.6K $5.28/SF
− Vacancy
−$1.3K −$0.43/SF
EGI
$14.4K $4.85/SF
− OpEx
−$4.3K −$1.45/SF
NOI
$10.0K $3.39/SF
Area
Logan County, OH
Vacancy
8.17%
Lease Rate
$5.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,920
Cap Rate 7%
$143,514
Cap Rate 9%
$111,622
Alternative Uses
Best Use
Multifamily LT 5
$143.5K
$125.6K – $167.4K
NOI $10,046 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$124.4K
$108.8K – $145.1K
NOI $8,705 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$597.5K
$522.8K – $697.1K
NOI $41,826 @ 7.0% cap · market cap 16.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 43311, OH
20,029
Population
9,497
Households
2.1
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
103.8 sq mi
ZIP Area
193
Density / Sq Mi
$64,217
Median Household Income
$40,341
Median Earnings
$833
Median Rent
$183,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - An additional one-bedroom residence is connected to the main home, offering potential rental use.
Where is this duplex located?
The property is located at 6892 Us Highway 68 N Bellefontaine, 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: Four‑bedroom, 2.5‑bath main residence; Attached one‑bedroom, one‑bath living area; Additional living space offers potential rental use
