Listed by NAI Spring
$1,500,000
Cross Creek Duplexes
Details
Property Type Multifamily
Sub Type Duplex
Square Footage 11,168
Units 12
Beds 2
Cap Rate 6.3%
NOI $94,464
Occupancy 91.66%
Tenancy Multi
Pro-Forma NOI $114,256
Year Built 1980
Buildings 6
Zoning R1
Investment Type Value Add
Sale Condition 1031 exchange
Multi-Family Investment 12 unit Duplex Portfolio
Marketing description
This offering presents a rare opportunity to acquire a well-maintained, low-expense multifamily asset with stable in-place income and clear upside. Located in a quiet, wooded, and highly desirable pocket of Uniontown, Ohio, many of the units have been refreshed and the buildings have minimal deferred maintenance. With tenant paid utilities and HOA-covered exterior services, operating expenses remain low, supporting strong cash flow. Several units at below market rent provide immediate upside value. With proximity to Lake local schools, the area boasts high household incomes, low rental supply, and steady long-term occupancy patterns.
Investment highlights
- 12 total units across six duplexes built between 1980-1981.
- Strong occupancy with several long-term tenants 91.66% occupied.
- Tenant-paid utilities (gas & electric).
- Well & septic — no water or sewer expenses.
- HOA fee of $200/month per unit covers snow, lawn, trash, exterior, and reserves.
- Many units recently updated (carpet, paint, flooring).
- Quiet, wooded, private setting — highly attractive to tenants.
- All units are two bed one bath with garage.
- Below market rents provide immediate value add potential.
Listing Contacts
Listed by NAI Spring
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$94,464.00
$7,872.00/mo
Valuation Metrics
0
DSCR
6.3%
Cap Rate
6.3%
ROI
Map
Zoning
R1 ResidentialSingle FamilyLow Density Residential
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View all 32 uses
View all 32 uses Last updated Apr 21, 2026 For deeper zoning details, reports are available at Zoneomics
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