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Side-by-Side Duplex with Garages

9708 Kennett Sq Ne, Bolivar, OH 44612

For Sale
$229,900

Ranch-style layout offers separate living spaces, attached parking, laundry rooms, and private rear patios.

Property Size1,812 SF
Price / SF$126.88
Days on Market53

Property Features for 9708 Kennett Sq Ne

General Information

Standard status Active
Size 1,812 SF
Property subtype Residential Income

Units

Unit Mix 2BR/1BA, 3BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,743

Amenities

laundry room
patio
privacy fence
storage shed

Building Details

Buildings 1
Construction Ranch style
Listing Agency: McInturf Realty
Listed By: Jan A McInturf · License #314352
Source: Exprealty
Added: Sep 16 Changed: Nov 1 Last Checked: Nov 6 at 1:19PM

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 McInturf Realty

Rey
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Investment Insights

Based on property information with market context.

This 1,812-square-foot ranch-style duplex in Bolivar, OH contains two separately arranged units. Unit A includes 2 bedrooms, 1 bath, a laundry room, a 1-car attached garage, and a 1-car attached carport. Unit B offers 3 bedrooms, 1 bath, a laundry room, a 2-car attached garage, and a 1-car carport. Both residences have electric ceiling heat and wall air-conditioning units.

The property sits on a cul-de-sac in Wilkshire Hills, with the Tow-Path trail bordering the rear. Each unit has a rear patio with a privacy fence separating the outdoor areas. Unit A also has access to a storage shed. Water and sewer are paid by the owner, while tenants pay electric and trash.

Key Highlights

  • 1,812‑square‑foot side‑by‑side duplex
  • Unit A: 2 bedrooms, 1 bath, 1‑car garage, 1‑car carport, and storage shed access
  • Unit B: 3 bedrooms, 1 bath, 2‑car garage, and 1‑car carport

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,985
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,700 $299.7K
Cap Rate 7%
$214,071 $214.1K
Cap Rate 9%
$166,500 $166.5K
Market Conditions
NOI Build-Up for 1,812 SF
Gross rent
$23.0K $12.72/SF
− Vacancy
−$1.6K −$0.91/SF
EGI
$21.4K $11.81/SF
− OpEx
−$6.4K −$3.54/SF
NOI
$15.0K $8.27/SF
Area
Tuscarawas County, OH
Vacancy
7.12%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,700
Cap Rate 7%
$214,071
Cap Rate 9%
$166,500

Alternative Uses

Best Use
Multifamily LT 5
$214.1K
$187.3K – $249.8K (±1% cap)
NOI $14,985 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$189.6K
$165.9K – $221.3K (±1% cap)
NOI $13,275 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$337.7K
$295.5K – $394.0K (±1% cap)
NOI $23,637 @ 7.0% cap · market cap 10.28%
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
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 44612, OH

5,443
Population
2,296
Households
2.4
Avg Household Size
44
Median Age
31%
College-Educated
95%
High-School Grad
26.5 sq mi
ZIP Area
205
Density / Sq Mi
$84,632
Median Household Income
$43,817
Median Earnings
$792
Median Rent
$244,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Duplex - Ranch-style layout offers separate living spaces, attached parking, laundry rooms, and private rear patios.
Where is this duplex located?
The property is located at 9708 Kennett Sq Ne Bolivar, OH.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 1,812‑square‑foot side‑by‑side duplex; Unit A: 2 bedrooms, 1 bath, 1‑car garage, 1‑car carport, and storage shed access; Unit B: 3 bedrooms, 1 bath, 2‑car garage, and 1‑car carport
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