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Brick Duplex with Detached Garage
New
For Sale
$279,500

7223 Pennsylvania Ave, Poland, OH 44514

Each residence has two bedrooms, a full bath, and living, dining, and kitchen areas.

Property Size2,106 SF
Price / SF$132.72
Days on Market6

Property Features for 7223 Pennsylvania Ave

General Information

Standard status Active
Size 2,106 SF
Total Parking Spaces 2
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,214

Amenities

rear deck
laundry facilities
storage space

Building Details

Construction brick
Listing Agency: NextHome GO30 Realty
Listed By: Carol DiRenzo · License #2026002125
Source: Exprealty
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 6:02PM

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 NextHome GO30 Realty

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Investment Insights

Based on property information with market context.

This 2,106-square-foot duplex in Poland contains two residences, each arranged with a living room, formal dining area, kitchen, two bedrooms, and a full bathroom. Brick construction is complemented by a full basement with laundry facilities and storage, plus a rear deck and detached two-car garage. Both units are occupied.

Located at 7223 Pennsylvania Ave in Poland, Ohio, the property combines two established residences with shared basement, garage, and outdoor features.

Key Highlights

  • Two occupied residences in an up‑and‑down duplex
  • 2,106 square feet
  • Each residence has two bedrooms and one full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,183
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,660 $283.7K
Cap Rate 7%
$202,614 $202.6K
Cap Rate 9%
$157,589 $157.6K
Market Conditions
NOI Build-Up for 2,106 SF
Gross rent
$21.5K $10.20/SF
− Vacancy
−$1.2K −$0.58/SF
EGI
$20.3K $9.62/SF
− OpEx
−$6.1K −$2.89/SF
NOI
$14.2K $6.73/SF
Area
Mahoning County, OH
Vacancy
5.68%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,660
Cap Rate 7%
$202,614
Cap Rate 9%
$157,589

Alternative Uses

Best Use
Multifamily LT 5
$202.6K
$177.3K – $236.4K (±1% cap)
NOI $14,183 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$186.7K
$163.4K – $217.8K (±1% cap)
NOI $13,068 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$397.4K
$347.7K – $463.7K (±1% cap)
NOI $27,819 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby

Demographics for 44514, OH

22,599
Population
10,368
Households
2.2
Avg Household Size
49
Median Age
37%
College-Educated
97%
High-School Grad
22.2 sq mi
ZIP Area
1,018
Density / Sq Mi
$80,000
Median Household Income
$45,486
Median Earnings
$973
Median Rent
$190,100
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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, a full bath, and living, dining, and kitchen areas.
Where is this duplex located?
The property is located at 7223 Pennsylvania Ave Poland, OH.
What is the asking price?
The asking price for this property is $279,500.
What are key features of this property?
This property features: Two occupied residences in an up‑and‑down duplex; 2,106 square feet; Each residence has two bedrooms and one full bathroom
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