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Three-Unit Residential Triplex

904-908 Skyside Drive, Clinton, OH 44216

For Sale
$425,000

Three separate residences offer lower-level living areas, private balconies, and garages, with established rental history.

Property Size2,340 SF
Lot Size1.67 Acres
Price / SF$181.62
Days on Market81

Property Features for 904-908 Skyside Drive

General Information

Standard status Active
Size 2,340 SF
Total Parking Spaces 3
Lot size 1.67 Acres
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 3 x 2BR/1.5BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,431

Amenities

private balcony
washer/dryer hookups
cathedral ceilings

Building Details

Building Size 2,340 SF
Year Built 1977
Buildings 1
Listing Agency: Crossroads Management Realty
Listed By: Melissa T Smith
Source: Kimberlysrealtycorp
Added: Aug 26 Changed: Nov 13 Last Checked: Nov 13 at 9:30AM

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 Crossroads Management Realty

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Investment Insights

Based on property information with market context.

This 1977 triplex comprises three 2-bedroom, 1.5-bath residences on approximately 1.67 acres. Each unit has a main-level living room, a walk-out lower-level family or living area, washer and dryer hookups, a private balcony, and an attached garage beneath the residence. Unit 906 features cathedral ceilings on the main floor. The property totals 2,340 square feet and is fully occupied, with established rental history.

Recent work includes a roof replacement in 2020, a well pump and pressure tank in 2021, and a gravel parking area and driveway in 2025. In 2026, the water softener system was replaced, and septic work included a new distribution box, line jetting and camera inspection, leach-line inspection, and pumping of both tanks.

Key Highlights

  • Three 2‑bedroom, 1.5‑bath units across approximately 1.67 acres
  • 2,340‑square‑foot triplex built in 1977
  • Walk‑out lower‑level living space and washer/dryer hookups in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,429
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,580 $428.6K
Cap Rate 7%
$306,129 $306.1K
Cap Rate 9%
$238,100 $238.1K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$32.3K $13.80/SF
− Vacancy
−$1.7K −$0.72/SF
EGI
$30.6K $13.08/SF
− OpEx
−$9.2K −$3.92/SF
NOI
$21.4K $9.16/SF
Area
Summit County, OH
Vacancy
5.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,580
Cap Rate 7%
$306,129
Cap Rate 9%
$238,100

Alternative Uses

Best Use
Multifamily LT 5
$306.1K
$267.9K – $357.2K (±1% cap)
NOI $21,429 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$268.0K
$234.5K – $312.7K (±1% cap)
NOI $18,760 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$574.3K
$502.5K – $670.0K (±1% cap)
NOI $40,198 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 44216, OH

9,443
Population
3,691
Households
2.6
Avg Household Size
45
Median Age
27%
College-Educated
97%
High-School Grad
23.5 sq mi
ZIP Area
402
Density / Sq Mi
$96,321
Median Household Income
$48,960
Median Earnings
$774
Median Rent
$214,000
Median Home Value

Market

Average Price Trend$/SF for Triplexes in Summit County, OH

$73.13 Jul
$74.85 Aug
$77.6 Sep
$89.45 Oct

Properties on Market for Triplexes in Summit County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences offer lower-level living areas, private balconies, and garages, with established rental history.
Where is this triplex located?
The property is located at 904-908 Skyside Drive Clinton, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three 2‑bedroom, 1.5‑bath units across approximately 1.67 acres; 2,340‑square‑foot triplex built in 1977; Walk‑out lower‑level living space and washer/dryer hookups in each unit
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