Duplex Income Property

825 Comanche Lane Tipp City, OH 45371

Claim this Listing
New
Pending
$219,900

MULTI_FAMILY - Tipp City, OH

Property size:
2,190 SF
Lot size:
0.23 Acres
Added:
Jul 9, 2026
Days on Market:
3
Last Refresh:
Jul 11 at 7:06 pm

Property Features for 825 Comanche Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
7
Rooms
Bedroom 2, Bathroom 7, Bedroom 8, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 6, Bedroom 5, Bedroom 3, Bathroom 5, Bedroom 7, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 8
Patio and Porch features
Porch, Patio
Appliances
Dishwasher, Range, Refrigerator
Standard status
Pending
APN
G15019520
Size
2,190 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air, Heat Pump

Building Details

Year built
1977
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding

Listing agent Jonathan Murray

Listing office Howard Hanna Real Estate Services 5580 Far Hills Ave., Heath, OH

Listing date Jul 9, 2026

MLS# 1046942 Listing URL

Copyright © 2026 West Metro Board of REALTORS®. 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 property is a residential income duplex with a total building size of 2,190 square feet, situated on a 0.23-acre lot. It is listed for sale at 825 Comanche Lane, Tipp City, OH 45371, within Miami County. The offering is categorized as duplexes, multifamily properties, and residential income properties.

The asset is located in Tipp City, Ohio, and is identified by the provided street address for direct property access and convenience when coordinating showings. The listing information confirms the site’s lot size and overall building size, supporting straightforward appraisal and underwriting for qualified buyers.

For buyers seeking an owner-occupied or investor hold, a duplex can provide a practical structure for residential income use based on the property type classification in the listing. With the building and lot sizes provided, the next step for interested parties is to review the specific unit layout and condition during due diligence, confirm operating assumptions with the seller, and evaluate how the two-unit configuration fits their ownership and management goals.

Key Highlights

  • Year built: 1977
  • Heating includes electric heating and a heat pump; cooling includes central air and a heat pump
  • Kitchen appliances included: dishwasher, range, and refrigerator

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $33.6k $15.36
− Vacancy −$2.2k −$1.00
EGI $31.5k $14.36
− OpEx −$14.2k −$6.46
NOI $17.3k $7.90
2,190 SF · lease $15.36/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$283.6K
$248.1K – $330.8K (±1% cap)
NOI $19,850 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$247.1K
$216.2K – $288.3K (±1% cap)
NOI $17,299 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$446.3K
$390.6K – $520.7K (±1% cap)
NOI $31,244 @ 7.0% cap · market cap 14.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Hair Salon Bakery HVAC Service (Bike/Boat/Book/etc) Store Locksmith Law Firm Electrical Service Cafe & Coffee Shop Kitchen & Bath Showroom Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Residential income duplex offering a straightforward two-unit setup on a compact lot in Tipp City.
Where is this duplex located?
The property is located at 825 Comanche Lane Tipp City, 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: Year built: 1977; Heating includes electric heating and a heat pump; cooling includes central air and a heat pump; Kitchen appliances included: dishwasher, range, and refrigerator
Contact an agent
More about this property
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