422 Whitely St · Bridgeport, OH 43912

$125,000

6 bd · 2.0 ba · 2,368 sqft · MultiFamily public records · 116 Days on market

Built 1900 5,662 sqft lot Est $90k · 39% over

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• Appreciation +6.4/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.4/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Side-by-side duplex for sale in Bridgeport! Conveniently located just minutes from Interstate 70, this income-producing property offers easy access to shopping, dining, and everyday essentials. This well-positioned duplex features: One 3-bedroom unit with a long-term tenant already in place One 1-bedroom unit offering additional rental flexibility Tenants pay all utilities $1,600 per month in total rental income Recent plumbing updates already completed Whether you’re looking to expand your portfolio or secure a steady cash-flowing investment, this property checks the boxes. Opportunities like this don’t last long—schedule your showing and come see the potential for yourself!

Key facts

• 5,662 sq ft lot
• Garage
• Built 1900

What this means for you Summary

Snapshot

• This is a 1×3bd/1.0ba + 1×1bd/1.0ba units multifamily listed at $125k.

Deal economics

• At list price, monthly cash flow is $5k ($60k/yr) — positive. Per door: $2k/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($8k rent vs $125k).
• Recommended offer: $114k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 75/100 on livability (#239 in OH, #3,844 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Bridgeport Exempted Village (suburban): math 49% / reading 57% proficiency, ranked #429 of 656 in OH (top 65%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 40 active listings in the ZIP; 4 units permitted in Belmont County in 2024 (0 in 5+ unit buildings).
• At $7,540/mo this rent would consume 175% of the median local household income ($52k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $4k of equity ($864 loan paydown + $3k appreciation (2.7% local appreciation)).
• Belmont County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (2.7% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 116 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $80k; list at $125k implies a 56% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $113,750 (9.0% below list)

Questions for the listing agent

1. It's been on market 116 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 6.03% ✓
• Cap rate: 54.12%
• Cash-on-cash: 170.80%
• DSCR: 8.60
• GRM: 1.4

CMA / ARV

• ARV (median comp): $90,000
• List price: $125,000
• Delta: 38.89%
• Verdict: OVERPRICED
• Comps: 19 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
401 S Huron St	0.58mi	5/3.0 (-1)	2,262 (-4%)	24mo	$60,000	$27	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

2.71% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 10.45×
• Total profit: $330,639
• Equity at exit: $54,205

10-year hold

• IRR: —
• Equity multiple: 22.00×
• Total profit: $735,022
• Equity at exit: $82,013

Cash invested: $35,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 43912

• Home prices YoY: 1.7%
• Active inventory: 40
• Price-to-rent: 1.6×

Monthly cashflow live

• Estimated rent: $7,540 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$267 /mo · $3,209/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,583
• Net cashflow: $4,982

Break-even live

Break-even rent $1,234

Max offer price $125,000

Occupancy floor 29%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
1× unit	3	1	$6,325
1× unit	1	1	$1,215
Total (2 units)			$7,540

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-19
   days on market $125,000 Active 116 DOM
2. 2026-06-18
   days on market $125,000 Active 115 DOM
3. 2026-06-17
   days on market $125,000 Active 114 DOM
4. 2026-06-16
   days on market $125,000 Active 113 DOM
5. 2026-06-15
   days on market $125,000 Active 112 DOM
6. 2026-06-14
   days on market $125,000 Active 110 DOM
7. 2026-06-12
   days on market $125,000 Active 109 DOM
8. 2026-06-09
   days on market $125,000 Active 106 DOM
9. 2026-06-08
   days on market $125,000 Active 105 DOM
10. 2026-06-07
    days on market $125,000 Active 104 DOM
11. 2026-06-03
    days on market $125,000 Active 100 DOM
12. 2026-06-02
    days on market $125,000 Active 99 DOM
13. 2026-06-01
    days on market $125,000 Active 98 DOM
14. 2026-05-31
    days on market $125,000 Active 97 DOM
15. 2026-05-30
    days on market $125,000 Active 96 DOM
16. 2026-02-23
    listed $125,000 Active 720-char remark

    Show marketing remark (720 chars)

    Side-by-side duplex for sale in Bridgeport! Conveniently located just minutes from Interstate 70, this income-producing property offers easy access to shopping, dining, and everyday essentials. This well-positioned duplex features: One 3-bedroom unit with a long-term tenant already in place One 1-bedroom unit offering additional rental flexibility Tenants pay all utilities $1,600 per month in total rental income Recent plumbing updates already completed Whether you’re looking to expand your portfolio or secure a steady cash-flowing investment, this property checks the boxes. Opportunities like this don’t last long—schedule your showing and come see the potential for yourself!

17. 2025-07-24
    soldstatus $80,000 Closed 692-char remark

    Show marketing remark (692 chars)

    Investor Alert! Don’t miss this income-producing duplex in Bridgeport, OH — just one block from I-70, offering unbeatable convenience for tenants and easy access for owners. One unit is currently occupied by a reliable long-term tenant generating $1,050/month. Tenant pays all utilities. The second unit was just rented on a month to month term for $600. Total monthly revenue is $1650. Cash flows from day one, making this an excellent addition to your portfolio. Utilities are separated per unit. All showings must be scheduled through the listing agent with 24-hour notice required out of respect for the current tenant. Act fast — opportunities like this don't last!

18. 2025-06-06
    status Pending 692-char remark

    Show marketing remark (692 chars)

    Investor Alert! Don’t miss this income-producing duplex in Bridgeport, OH — just one block from I-70, offering unbeatable convenience for tenants and easy access for owners. One unit is currently occupied by a reliable long-term tenant generating $1,050/month. Tenant pays all utilities. The second unit was just rented on a month to month term for $600. Total monthly revenue is $1650. Cash flows from day one, making this an excellent addition to your portfolio. Utilities are separated per unit. All showings must be scheduled through the listing agent with 24-hour notice required out of respect for the current tenant. Act fast — opportunities like this don't last!

19. 2025-05-23
    listed $87,500 Active 692-char remark

    Show marketing remark (692 chars)

    Investor Alert! Don’t miss this income-producing duplex in Bridgeport, OH — just one block from I-70, offering unbeatable convenience for tenants and easy access for owners. One unit is currently occupied by a reliable long-term tenant generating $1,050/month. Tenant pays all utilities. The second unit was just rented on a month to month term for $600. Total monthly revenue is $1650. Cash flows from day one, making this an excellent addition to your portfolio. Utilities are separated per unit. All showings must be scheduled through the listing agent with 24-hour notice required out of respect for the current tenant. Act fast — opportunities like this don't last!

20. 2023-07-25
    soldstatus $53,333
21. 2015-10-08
    soldstatus $48,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $3,209 · $267/mo
• Projected year-2 tax: $3,209 · $267/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 9% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $90,480
• − Mortgage interest: −$7,002
• − Property taxes: −$3,209
• − Insurance: −$625
• − Repairs & maintenance: −$7,238
• − Management: −$7,238
• − Depreciation: −$3,636
• Taxable income: $61,531
• Est. tax owed @ 24.0%: −$14,767
• After-tax cash flow: $45,012/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bridgeport Exempted Village
• NCES district ID: 3904523
• Math proficiency: 49% ▼ -16.00%
• Reading proficiency: 57% ▼ -8.00%
• Median HH income: $31,819
• Composite: 43.51/100
• National rank: #2992
• State rank: #429 of 656 in OH

Livability — Bridgeport

• Score: 75/100
• State rank: #239
• US rank: #3844

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D+ Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bridgeport, OH
• County: Belmont · 63,139 people
• Metro: Wheeling, WV-OH
• Population (ZIP): 5,852
• Household income: $51,753
• Rent vs Own: 28.3% rent · 71.7% own
• Severe rent burden: 8.1

Population outlook (Belmont County) Hauer SSP2

• Today (2025): 66,568 people
• By 2030: 64,818 · -2.6%
• By 2040: 60,702 · -8.8%
• By 2050: 56,427 · -15.2%
• By 2075: 46,222 · -30.6%
• By 2100: 34,611 · -48.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 6% Black 4% Hispanic / Latino 2%
• Common ancestry: Romanian 8% Slovak 2% Lithuanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% German/W. Germanic 1%

Political lean MEDSL · Belmont

• 2024 margin: Solid R (+47.3) · D 26.0% · R 73.3%
• 2008→2024 swing: -50.0pp toward R · 2008: 2.7pp · 2024: -47.3pp
• All cycles: 2024: R+47.3 2020: R+43.6 2016: R+39.5 2012: R+8.4 2008: D+2.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.71%
• Current HPI: 159.7811
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+160.4% since first listed

6 events — show timeline

• 2026-02-23 Listed $125,000 MLSNOW
• 2025-07-24 Sold (MLS) $80,000 MLSNOW
• 2025-06-06 Pending — MLSNOW
• 2025-05-23 Listed $87,500 MLSNOW
• 2023-07-25 Sold (Public Records) $53,333 Public Records
• 2015-10-08 Sold (Public Records) $48,000 Public Records

Property tax history

+20.7%/yr

Latest (2025): $3,209 · +26.4% YoY. Source: county tax records.