Building Details

Year Built 1900

Buildings 1

Listing Agency: Keller Williams Chervenic Rlty

Listed By: Anthony Catauro · License #2018001030 Show Phone

Source: Theacclaimedrealty

Added: Aug 13 Changed: Oct 5 Last Checked: Oct 5 at 9:31PM

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Investment Insights

Based on property information with market context.

This duplex contains 2,424 square feet across two separate living units. One unit is rented, while the second is vacant and includes a recently updated bathroom and shower along with first-floor laundry. The property also has a newer furnace and a roof replaced in 2020.

The land component totals 6.36 acres, providing substantial outdoor space associated with the residence. A large four-car garage adds dedicated room for vehicles, equipment, storage, hobbies, or recreational items. Located at 7846 Thompson Sharpsville Rd NE in Burghill, Ohio, the property combines a two-unit configuration with extensive acreage and significant accessory storage.

Key Highlights

• 2,424‑square‑foot duplex with two separate living units
• 6.36 acres of usable land
• One unit rented; second unit vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,990

Cap Rate

7.54%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$399,800 $399.8K

Cap Rate 7%

$285,571 $285.6K

Cap Rate 9%

$222,111 $222.1K

Market Conditions

NOI Build-Up for 2,424 SF

Gross rent

$30.5K $12.60/SF

− Vacancy

−$2.0K −$0.82/SF

EGI

$28.6K $11.78/SF

− OpEx

−$8.6K −$3.53/SF

NOI

$20.0K $8.25/SF

Area

Trumbull County, OH

Vacancy

6.50%

Lease Rate

$12.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$399,800

Cap Rate 7%

$285,571

Cap Rate 9%

$222,111

Alternative Uses

Best Use

Multifamily LT 5

$285.6K

$249.9K – $333.2K (±1% cap)

NOI $19,990 @ 7.0% cap · market cap 7.54%

Second Best

Apartment 5plus

$264.8K

$231.7K – $309.0K (±1% cap)

NOI $18,537 @ 7.0% cap · market cap 7.00%

Theoretical Best

Office A

$460.1K

$402.6K – $536.8K (±1% cap)

NOI $32,206 @ 7.0% cap · market cap 12.15%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Catering Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

6

Businesses Nearby

Explore this area Business Placement

Demographics for 44404, OH

1,300

Population

627

Households

2.1

Avg Household Size

49

Median Age

17%

College-Educated

83%

High-School Grad

15.6 sq mi

ZIP Area

83

Density / Sq Mi

$47,058

Median Household Income

$36,071

Median Earnings

$900

Median Rent

$162,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Duplex - Two separate living units sit on expansive acreage, with one occupied and the other available for an owner or tenant.

Where is this duplex located?

The property is located at 7846 Thompson Sharpsville Rd NE Burghill, OH.

What is the asking price?

The asking price for this property is $265,000.

What are key features of this property?

This property features: 2,424‑square‑foot duplex with two separate living units; 6.36 acres of usable land; One unit rented; second unit vacant