Updated Two-Unit
For Sale
$177,400
734 Main St, Bridgeport, OH 43912
Two residential units include a renovated two-bedroom layout and a tenant-occupied one-bedroom unit.
Property Size1,828 SF
Price / SF$97.05
Days on Market16
Property Features for 734 Main St
General Information
Standard status
Active
Size
1,828 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Di Lusso Real Estate, LTD
(740) 310-5882
Listed By:
Sheree Stewart
Source:
Theacclaimedrealty
Added: Aug 16
Changed: Aug 31
Last Checked: Aug 31 at 1:49AM
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 Di Lusso Real Estate, LTD
Investment Insights
Based on property information with market context.
This 1,828-square-foot duplex, built in 1900, contains two separate residential units. The main-level residence has two bedrooms and one bathroom and has been freshly updated. A one-bedroom, one-bath unit occupies the second level and is currently tenant occupied.
Located at 734 Main St in central Bridgeport, the property offers a flexible two-unit configuration. The existing arrangement can support rental income or an owner-occupant setup, while conversion to a single-family home may be considered subject to local regulations. A one-year home warranty is included.
Located at 734 Main St in central Bridgeport, the property offers a flexible two-unit configuration. The existing arrangement can support rental income or an owner-occupant setup, while conversion to a single-family home may be considered subject to local regulations. A one-year home warranty is included.
Key Highlights
- 1,828‑square‑foot duplex built in 1900
- Main‑level 2‑bedroom, 1‑bath unit has been freshly updated
- Second‑level 1‑bedroom, 1‑bath unit is tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,073
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$241,460
$241.5K
Cap Rate 7%
$172,471
$172.5K
Cap Rate 9%
$134,144
$134.1K
Market Conditions
NOI Build-Up for 1,828 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$18.6K $10.20/SF
− Vacancy
−$1.4K −$0.77/SF
EGI
$17.2K $9.44/SF
− OpEx
−$5.2K −$2.83/SF
NOI
$12.1K $6.60/SF
Area
Belmont County, OH
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$241,460
Cap Rate 7%
$172,471
Cap Rate 9%
$134,144
Alternative Uses
Best Use
Multifamily LT 5
$172.5K
$150.9K – $201.2K
NOI $12,073 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$155.5K
$136.1K – $181.4K
NOI $10,884 @ 7.0% cap · market cap 6.14%
Theoretical Best
Specialty Retail
$358.3K
$313.6K – $418.1K
NOI $25,084 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 43912, OH
6,060
Population
3,219
Households
1.9
Avg Household Size
47
Median Age
20%
College-Educated
95%
High-School Grad
17.9 sq mi
ZIP Area
339
Density / Sq Mi
$51,753
Median Household Income
$36,447
Median Earnings
$648
Median Rent
$115,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a renovated two-bedroom layout and a tenant-occupied one-bedroom unit.
Where is this duplex located?
The property is located at 734 Main St Bridgeport, OH.
What is the asking price?
The asking price for this property is $177,400.
What are key features of this property?
This property features: 1,828‑square‑foot duplex built in 1900; Main‑level 2‑bedroom, 1‑bath unit has been freshly updated; Second‑level 1‑bedroom, 1‑bath unit is tenant occupied
