$135,250
SOLD FEB 3, 2025

423 N 9th St Cambridge, OH 43725

-- Bed
-- Bath
1,129 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

7% Below List Price

1 Day on Market

About This Home

As of February 2025

Turnkey Duplex Investment Package with Professional Management This well-maintained duplex features two 2-bedroom, 1-bath units with in-unit laundry, a small yard, front porch, and garage storage space. Both units are occupied with reliable, long term tenants, offering immediate rental income. As part of a package deal with an additional turnkey duplex, 214 N 9th St, this property includes professional property management already in place, providing a hands-off investment opportunity for steady returns. Perfect for investors looking to expand their portfolio with minimal hassle.

Last Agent to Sell the Property

Clinton McGilvray

Leonard and Newland RealEstate License #2020006817 Listed on: 11/11/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,327

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 1,129 Sq Ft Home
  • Duplex

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 06-0003316.000

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $17,148
  • Net Operating Income $17,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,327

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.16
  • Total Gross Income: 17148.0
  • Co List Office Phone: 740-297-8689
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 17148.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1129.0
  • General Property Info # of Buildings: 1.0
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: CAMBRIDGE CSD 3001 GUE CO.

Lot Info

  • Parcel Number: 06-0003316.000
  • Lot Size Sq Ft: 6969.6

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 17148.0

Tax Info

  • Tax Annual Amount: 1327.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Jan 17, 2025
Sold by
Np Rentals Llc
Bought by
Jomak Properties Llc
Seller's Agent
Clinton McGilvray
Leonard and Newland RealEstate
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$145,000
Sold Price
$135,250
Premium/Discount to List
-$9,750
-6.72%
Views
2
Current Estimated Value
$136,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,526
Avg. Annual Appreciation
5.45%
Original Mortgage
$252,000
Outstanding Balance
$251,552
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$112,961

Purchase Details

Closed on
Sep 16, 2021
Sold by
Pontious Nicholas J
Bought by
Np Rentals Llc

Purchase Details

Closed on
Mar 28, 2019
Sold by
Tidrick Zackery R
Bought by
Pontious Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,750
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 5, 2018
Closed on
Aug 31, 2018
Sold by
Ohio Network For Innovation
Bought by
Tidrick Zackery R
Seller's Agent
Shawn Marlatt
RE/MAX Real Estate Partners
Buyer's Agent
Nicholas Pontious
Deleted Agent
List Price
$69,900
Sold Price
$59,000
Premium/Discount to List
-$10,900
-15.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Original Mortgage
$28,850
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jul 19, 2018
Sold by
Eastern Ohio Housing Development Corp
Bought by
Ohio Network For Innovation
Seller's Agent
Shawn Marlatt
RE/MAX Real Estate Partners
Buyer's Agent
Nicholas Pontious
Deleted Agent
List Price
$69,900
Sold Price
$59,000
Premium/Discount to List
-$10,900
-15.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,931
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $270,500 Elite Land Title
Warranty Deed $270,500 Elite Land Title
Quit Claim Deed -- None Available
Warranty Deed $69,000 Showcase Title Agency
Warranty Deed $59,000 Showcase Title Agency
Limited Warranty Deed -- Mid Ohio Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 New Conventional
Closed $252,000 New Conventional
Previous Owner $67,750 FHA
Previous Owner $28,850 Construction
Previous Owner $57,931 FHA
Previous Owner $972,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $135,250 -50.0% $120 / Sq Ft
01/17/2025 01/17/25 Sold $270,500 +86.6% $78 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/12/2024 11/12/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $145,000 -45.3% $128 / Sq Ft
11/09/2024 11/09/24 For Sale $265,000 +349.2% $76 / Sq Ft
08/31/2018 08/31/18 Sold $59,000 0.0% $32 / Sq Ft
08/24/2018 08/24/18 Off Market $59,000 -- --
07/31/2018 07/31/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $64,500 -7.7% $34 / Sq Ft
02/05/2018 02/05/18 For Sale $69,900 -- $37 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

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 $1,440 $29,001 $7,336 $21,665
2023 $1,440 $24,756 $6,262 $18,494
2022 $1,262 $24,760 $6,270 $18,490
2021 $1,243 $24,760 $6,270 $18,490
2020 $1,231 $24,150 $5,660 $18,490
2019 $1,500 $29,780 $5,660 $24,120
2018 $12 $28,400 $4,280 $24,120
2017 $12 $28,400 $4,280 $24,120
2016 $12 $28,400 $4,280 $24,120
2015 $12 $28,400 $4,280 $24,120
2014 $12 $28,400 $4,280 $24,120
2013 $24 $28,400 $4,280 $24,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224039984

Columbus and Central Ohio Regional MLS

APN: 06-0003316.000