Brick Ranch
New
For Sale
$235,000
7600 Peyton Street Nw, Massillon, OH 44646
Separate utility meters and private rear patios serve the two-unit property.
Property Size2,547 SF
Price / SF$92.27
Days on Market5
Property Features for 7600 Peyton Street Nw
General Information
Standard status
Active
Size
2,547 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$2,304
Amenities
rear patios
private yard
basement laundry
storage space
Building Details
Buildings
1
Construction
Ranch
Listing Agency:
Berkshire Hathaway HomeServices Simon & Salhany Realty
(330) 929-0707
Listed By:
Tony Vallee · License #2016001507
(330) 730-2151
Source:
Exprealty
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:00PM
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 Berkshire Hathaway HomeServices Simon & Salhany Realty
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Investment Insights
Based on property information with market context.
This 2,547-square-foot brick ranch contains two units, each with two bedrooms, a living room, an eat-in kitchen, and a full bathroom on the main floor. Both residences also have basements with separate laundry and storage areas, along with access to rear patios and a private yard.
The units are rented on a month-to-month basis. Each has its own utility meter; tenants cover utilities other than property taxes and sewer, which are paid by the landlord. The property is in the Jackson Local School District at 7600 Peyton Street NW in Massillon, Ohio.
The units are rented on a month-to-month basis. Each has its own utility meter; tenants cover utilities other than property taxes and sewer, which are paid by the landlord. The property is in the Jackson Local School District at 7600 Peyton Street NW in Massillon, Ohio.
Key Highlights
- Two‑unit brick ranch with 2,547 square feet
- Each unit has 2 bedrooms, a living room, eat‑in kitchen, and full bath
- Basements provide separate laundry and storage areas for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,305
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,100
$426.1K
Cap Rate 7%
$304,357
$304.4K
Cap Rate 9%
$236,722
$236.7K
Market Conditions
NOI Build-Up for 2,547 SF
Gross rent
$31.5K $12.36/SF
− Vacancy
−$1.0K −$0.41/SF
EGI
$30.4K $11.95/SF
− OpEx
−$9.1K −$3.58/SF
NOI
$21.3K $8.36/SF
Area
Stark County, OH
Vacancy
3.32%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,100
Cap Rate 7%
$304,357
Cap Rate 9%
$236,722
Alternative Uses
Best Use
Multifamily LT 5
$304.4K
$266.3K – $355.1K
NOI $21,305 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$266.5K
$233.2K – $310.9K
NOI $18,655 @ 7.0% cap · market cap 7.94%
Theoretical Best
Retail
$665.0K
$581.9K – $775.8K
NOI $46,550 @ 7.0% cap · market cap 19.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 44646, OH
47,973
Population
20,817
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,666
Density / Sq Mi
$66,767
Median Household Income
$41,021
Median Earnings
$883
Median Rent
$181,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utility meters and private rear patios serve the two-unit property.
Where is this duplex located?
The property is located at 7600 Peyton Street Nw Massillon, OH.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑unit brick ranch with 2,547 square feet; Each unit has 2 bedrooms, a living room, eat‑in kitchen, and full bath; Basements provide separate laundry and storage areas for both units
