Two-Unit Duplex with Garage
813 S Nickelplate Street, Louisville, OH 44641
For Sale
New
$219,900
ResidentialIncome, Louisville, OH
Property Size1,872 SF
Lot Size0.30 Acres
Price / SF$117.47
Days on Market1
Property Features for 813 S Nickelplate Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Subdivision
Lot features
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Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
shared laundry
Building Details
Year built
Floors in Building
Building materials
Roof type
Buildings
Listing Agency:
Keller Williams Legacy Group Realty · Keller Williams Realty
(330) 433-6005
Listed By:
Andy Alayamini · License OH #2008001683
(330) 323-5864
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 5243349
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.
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Investment Insights
Based on property information with market context.
At 813 S Nickelplate Street in Louisville, this 1,872-square-foot duplex contains two residences, each with two bedrooms, one bathroom, and a one-car garage. One unit is vacant and has received new flooring and interior paint; the other has a month-to-month tenant. A shared laundry area is located on the lower level, and the common foyer and stairs have new carpeting.
The 0.2994-acre property was built in 1974. Both units use electric baseboard heat and wall air-conditioning units. Public water and sewer serve the property. The owner handles lawn care and pays for water and sewer; tenants pay for electricity, heat, and trash.
The 0.2994-acre property was built in 1974. Both units use electric baseboard heat and wall air-conditioning units. Public water and sewer serve the property. The owner handles lawn care and pays for water and sewer; tenants pay for electricity, heat, and trash.
Key Highlights
- Two residences, each with 2 bedrooms, 1 bathroom, and a 1‑car garage
- 1,872 square feet on a 0.2994‑acre lot
- One unit is vacant with new flooring and fresh interior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,659
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,180
$313.2K
Cap Rate 7%
$223,700
$223.7K
Cap Rate 9%
$173,989
$174.0K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$23.1K $12.36/SF
− Vacancy
−$768 −$0.41/SF
EGI
$22.4K $11.95/SF
− OpEx
−$6.7K −$3.58/SF
NOI
$15.7K $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%
$313,180
Cap Rate 7%
$223,700
Cap Rate 9%
$173,989
Alternative Uses
Best Use
Multifamily LT 5
$223.7K
$195.7K – $261.0K
NOI $15,659 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$195.9K
$171.4K – $228.5K
NOI $13,711 @ 7.0% cap · market cap 6.24%
Theoretical Best
Retail
$488.8K
$427.7K – $570.2K
NOI $34,213 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Explore this area
Business Placement
Demographics for 44641, OH
20,399
Population
8,412
Households
2.4
Avg Household Size
44
Median Age
25%
College-Educated
96%
High-School Grad
54.9 sq mi
ZIP Area
372
Density / Sq Mi
$78,128
Median Household Income
$42,035
Median Earnings
$834
Median Rent
$199,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Stark County, OH
Properties on Market for Duplexes in Stark County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, while the second is occupied by a month-to-month tenant.
Where is this duplex located?
The property is located at 813 S Nickelplate Street Louisville, OH.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 1 bathroom, and a 1‑car garage; 1,872 square feet on a 0.2994‑acre lot; One unit is vacant with new flooring and fresh interior paint
