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    2Nd St Girard, OH 44420

    • Residential income homes
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 0 2Nd St

    Property type
    Residential income homes

    Description

    This exceptional value-add multifamily investment opportunity comprises four single-family homes located in Girard and Youngstown, Ohio. The portfolio boasts a strong 15.27% current cap rate and a pro-forma cap rate of 15.67%, generating a current NOI of $54,368 and a pro-forma NOI of $55,800. The four properties, built between 1900 and 1964, have undergone recent renovations in 2023 and 2024. Each unit offers two parking spaces. The portfolio includes: 117.5 W 2nd St, Girard, OH 44420 ($950/month rent, $176 property taxes, lease ending 9/1/24)

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Girard
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7027
    Latitude
    41.1517

    Comparable in this City

    • Value Estimation
      $230,000
      3,172 SF

      202 Kline St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,172 SF
      202 Kline St, Girard, OH 44420-2654
      View Details
    • Value Estimation
      $270,000
      4,264 SF

      127 Broadway Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,264 SF
      127 Broadway Ave, Girard, OH 44420
      View Details
    • Value Estimation by Request
      0.09 Acres

      Haig

      MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
      Haig, Girard, OH 44420
      View Details
    • Value Estimation by Request
      0.12 Acres

      Robin Blvd

      MOBILE HOME PARK, TRAILER PARK • 0.12 Acres
      Robin Blvd, Girard, OH 44420
      View Details
    • Value Estimation by Request
      0.12 Acres

      Robinwood Blvd

      MOBILE HOME PARK, TRAILER PARK • 0.12 Acres
      Robinwood Blvd, Girard, OH 44420
      View Details
    • Value Estimation by Request
      0.16 Acres

      Robinwood

      MOBILE HOME PARK, TRAILER PARK • 0.16 Acres
      Robinwood, Girard, OH 44420
      View Details

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    Similar Nearby for Lease

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      Girard Office Suite For Rent

      Spacious office suite with private offices, kitchen, and storage.
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      Spacious office suite with 6 offices, kitchen, and storage.
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      Office space with reception, offices, conference room, and utilities included.
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    2Nd St
    Girard, OH 44420
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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