$199,000
PENDING

131 S Mulberry St Troy, OH 45373

Estimated payment $1,226/month

Total Views 24,821
3 Beds
2 Baths
1,705 Sq Ft
$117 Price per Sq Ft

Highlights

  • Porch
  • Cooling Available
  • Forced Air Heating System
  • Troy High School Rated 9+
  • Patio

About This Home

**Attention Investors** Incredible opportunity for immediate cashflow! Fully renovated duplex in Historic Downtown Troy, the heavy lifting has been done! Updates include new furnaces in each unit, newer roof, windows, baths, appliances, flooring and paint throughout! 2-level 2-bedroom unit leased through October at $1150. 1-bedroom ground unit leased through August at $850. Current cap rate of 9.08%. Nestled directly across from the fire station and just around the corner from dining, shopping, and more! Nothing to do but add this gem to your portfolio!

Listing Agent

Dustin Hensley

Keller Williams Pinnacle Group Brokerage Phone: (513) 277-0996 License #2017004923 Listed on: 03/07/2025

Keller Williams Pinnacle Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,976

Year Built

  • 1843

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,705 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number D08002450

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,000
  • Net Operating Income $18,084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,976

Year Built

1843

Lot Details

0

Listing Details

  • Cooling System: Window Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1843
  • Attribution Contact: (513) 277-0996
  • Lot Size Acres: 0.08
  • Co List Office Phone: (513) 277-0996
  • MLS Status: Pending
  • Living Area: 1705.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Property Type: Residential Income
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Troy

Lot Info

  • Lot Dimensions: of record
  • Lot Size Sq Ft: 3485.0
  • Parcel Number: D08002450
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 24000.0
  • Property Net Operating Income: 18084.0
  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,976 $51,250 $8,020 $43,230
2023 $1,976 $51,250 $8,020 $43,230
2022 $1,654 $51,250 $8,020 $43,230
2021 $507 $14,880 $6,580 $8,300
2020 $508 $14,880 $6,580 $8,300
2019 $513 $14,880 $6,580 $8,300
2018 $533 $14,880 $6,580 $8,300
2017 $908 $25,130 $6,580 $18,550
2016 $894 $25,130 $6,580 $18,550
2015 $865 $23,280 $6,090 $17,190
2014 $865 $23,280 $6,090 $17,190
2013 $1,032 $23,280 $6,090 $17,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $199,000 0.0% $117 / Sq Ft
11/08/2024 11/08/24 Rented $1,100 +4.8% --
09/23/2024 09/23/24 Under Contract -- -- --
09/16/2024 09/16/24 Price Changed $1,050 -8.7% $1 / Sq Ft
09/04/2024 09/04/24 Price Changed $1,150 -4.2% $1 / Sq Ft
08/24/2024 08/24/24 For Rent $1,200 0.0% --
08/13/2024 08/13/24 Under Contract -- -- --
07/25/2024 07/25/24 For Rent $1,200 -- --
Source: Dayton REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Hedrick & Jordan Co Lpa
Warranty Deed $62,500 None Available
Warranty Deed -- None Available
Warranty Deed $51,500 --
Deed $8,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,500 New Conventional
Previous Owner $557,174 Construction
Previous Owner $57,179 Commercial
Previous Owner $60,000 Future Advance Clause Open End Mortgage
Previous Owner $51,500 No Value Available
Source: Public Records

Source: Dayton REALTORS®

MLS Number: 929339

Dayton REALTORS®

APN: D08002450