Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago on . Most recent reply
Help me analyze duplex in west boulevard, Cleveland
Here is a duplex, area c+, unknown sqft, the second unit does not have access to the basement for storage and washer&drier... The agent told me that although i don't see it in the portals....
It seems rent ready... What price should i offer? The rent is 600-650 but the upper unit should rent lower...
Wha can i understand from the comps?
Most Popular Reply

- Real Estate Broker
- Columbus, OH
- 1,770
- Votes |
- 3,042
- Posts
@Ari Hadar A duplex is a "single family"...1-4 units are, actually... and they are always valued using the comparable sales approach...the only other metric I have ever seen an appraiser use on a duplex is GRM...they look at leases and income, sure, but that is not used for determining value...
Here is a Valuation of your property...this thing is worth around $65k...to be honest, you can probably source your own deal from the same block for $30k
p.s. Deal Check comps are in left field...get with a local agent
- Brandon Sturgill
- 614-379-2017
