Duplex With Four-Car
New
For Sale
$289,900
7846 Thompson Sharpsville Road NE, Burghill, OH 44404
MULTI_FAMILY - Burghill, OH
Property Size2,424 SF
Lot Size6.36 Acres
Price / SF$119.60
Days on Market1
Property Features for 7846 Thompson Sharpsville Road NE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Basement
Parking features
Driveway, Garage
Elementary school district
Joseph Badger LSD - 7810
Middle school district
Joseph Badger LSD - 7810
High school district
Joseph Badger LSD - 7810
Directions
State Route 7 to Thompson Sharpsville Rd
Standard status
Active
APN
05-024370
Size
2,424 SF
Lot size
6.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
9 11 6.362A PT HARTFORD TWP
Tax Annual Amount
1852
Legal Description
9 11 6.362A PT HARTFORD TWP
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas
Cooling system
Window Unit(s)
Water source
Well
Building Details
Year built
1900
Floors in Building
2
Building materials
Block
Roof type
Fiberglass, Asphalt
Listing Agency:
Keller Williams Chervenic Rlty · Keller Williams Realty
(330) 967-4300
Listed By:
Anthony Catauro · License #2018001030
(330) 559-7436
Added: Aug 11
Last Checked: Aug 11 at 10:06PM
MLS# 5235477
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,424-square-foot duplex includes two separate residential units with a combined four bedrooms and two bathrooms, along with a basement. One unit is occupied by a tenant, while the other is vacant and includes an updated bathroom and shower plus first-floor laundry. The property has forced-air natural gas heating, window-unit cooling, block construction, and an asphalt and fiberglass roof replaced in 2020. A newer furnace adds to the building’s existing improvements.
Set on 6.36 acres in Burghill, the property includes a large four-car garage, driveway parking, a well, and a septic tank. The land provides substantial outdoor space, while the garage offers room for vehicles, equipment, storage, or hobbies. The property was built in 1900 and includes a practical residential configuration suited to duplex occupancy.
Set on 6.36 acres in Burghill, the property includes a large four-car garage, driveway parking, a well, and a septic tank. The land provides substantial outdoor space, while the garage offers room for vehicles, equipment, storage, or hobbies. The property was built in 1900 and includes a practical residential configuration suited to duplex occupancy.
Key Highlights
- Duplex with 2,424 square feet, 4 bedrooms, 2 bathrooms, and a basement
- 6.36 acres of land in Burghill, OH
- One unit is tenant‑occupied; the second unit is vacant
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
$19,990
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
6.90%
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%
$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
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
$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 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%
$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
NOI $19,990 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$264.8K
$231.7K – $309.0K
NOI $18,537 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$460.1K
$402.6K – $536.8K
NOI $32,206 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
50%
Occupancy
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate living spaces, a basement, and extensive outdoor land in Burghill, Ohio.
Where is this duplex located?
The property is located at 7846 Thompson Sharpsville Road NE Burghill, OH.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Duplex with 2,424 square feet, 4 bedrooms, 2 bathrooms, and a basement; 6.36 acres of land in Burghill, OH; One unit is tenant‑occupied; the second unit is vacant
