9282 Gerald Drive Streetsboro, OH 44241
MULTI_FAMILY - Streetsboro, OH
- Added:
- Jul 8, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 12 at 8:06 am
Property Features for 9282 Gerald Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1
- Parking features
- Garage, Driveway
- Standard status
- Pending
- APN
- 35-046-10-00-024-000
- Size
- 2,128 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BRUGMAN SUBD LOT 24 F 90.00
- Tax Annual Amount
- 1472
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Building materials
- AluminumSiding
- Roof type
- Asphalt, Fiberglass
Listing agent Debbie L Ferrante License #2010000047 (330) 958-8394
Listing office RE/MAX Edge Realty 6929 Portage Street NW, North Canton, OH (330) 236-5100
Listing date Jul 8, 2026
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.
The property is located on Gerald Drive in Streetsboro, Ohio, in Portage County. The listing notes convenient proximity to shopping, dining, parks, and major highways.
For buyers considering owner-occupancy or investment use, the layout supports flexible living and rental options, with rental income potential from the currently occupied side and readiness on the second unit for a new tenant or for personal use. The recent improvements to heating, cooling, and hot water are practical considerations for an operator looking to reduce near-term capital concerns.
Key Highlights
- Duplex with two 3‑bedroom units (one currently occupied; one ready for its next occupant)
- Major updates include new furnace (2025), central A/C (2024), and water heater (2026)
- Central air and forced‑air heating with public water and public sewer
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 | $33.2k | $15.60 |
| − Vacancy | −$2.0k | −$0.95 |
| EGI | $31.2k | $14.65 |
| − OpEx | −$14.0k | −$6.59 |
| NOI | $17.1k | $8.06 |
