Jack, Thanks for the reply. I may be asking a question to which there isn't any answer. If it helps, I'm looking for a general average for a duplex. As stated, I had heard that 1% of the current market value of a property is a "reasonable" expectation of rent. In this case, ours is a period home (1840's) in a designated national historic district. I grew up in this home and it's been a duplex for as long as I can remember - an up/down arrangement with full kitchen bath up. Utilities, except for water are separated. It's in a quaint town of 20 - 25k residents with 2 well respected universities within 10 miles of the property. Garage space is included in the rent as well as the use of the deck and a patio with an outdoor fireplace. The property is appraised at 180K. It is in EXCELLENT condition, but we can't seem to find a leasee who is willing to pay $750 per month for one of the units (approx 1300sf, 2-3 br, full bath and kitchen w/ appliances). In researching other rentals in the area, there are less desirable areas that go for $650-700. I'm just looking for a starting point to either confirm what I thought was right in pricing rent, or you all can kick my rear for being stupid. If I can't make this work in the near future, I'm gonna throw in the towel and sell the place. Regardless, this is a great site, I've learned a lot and the cost of membership was definitely worth it. As always, insight is appreciated. LXA
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