3862 & 3866 Seneca Street Stow, OH 44224
MULTI_FAMILY - Stow, OH
Property Features for 3862 & 3866 Seneca Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 4
- Parking features
- Garage, Driveway
- Standard status
- Pending
- APN
- 5617582
- Size
- 2,404 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5826
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1967
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Asphalt, Fiberglass
Listing agent Justin T Aikens License #2012000353 (330) 388-2637
Listing office Keller Williams Chervenic Rlty 3589 Darrow Rd, Stow, OH (330) 686-1644
Listing date Jun 9, 2026
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Recent updates include newer kitchens, flooring and paint throughout, vinyl windows, a newer roof and gutters, HVAC, and a waterproofed basement. The property is identified as approximately 0.3719 acres and contains about 2,404 square feet.
This duplex is suited to buyers seeking a residential income property with one unit already occupied and the other ready for immediate use or re-rental. With distinct layouts across both sides and multiple bathroom options in the vacant unit, the configuration may also appeal to an owner-occupant looking for separation between living spaces while retaining a built-in rental option. As disclosed, the leased unit is in place through the end of August.
Key Highlights
- Brick ranch duplex built in 1967 with central air and forced‑air natural gas heating
- One unit is currently leased for $1,230 per month through end of August
- Leased unit offers 2 bedrooms, 1 full bath, and a 1‑car garage
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.2k | $13.80 |
| − Vacancy | −$1.7k | −$0.72 |
| EGI | $31.5k | $13.08 |
| − OpEx | −$9.4k | −$3.92 |
| NOI | $22.0k | $9.16 |
