Side-by-Side Duplex with
For Sale
$269,900
Pending
119-121 Swartz Road, Akron, OH 44319
Two-bedroom residences pair private garage parking with a detached garage on a level 0.6749-acre parcel.
Property Size1,612 SF
Days on Market9
Property Features for 119-121 Swartz Road
General Information
Standard status
Pending
Size
1,612 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Coventry Crossing
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,947
Amenities
Daylight,Finished,Storage Space,Walk-Out Access
2
true
4
In Basement,In Unit
1612
800
Public Records
Owner
Flat,Near Golf Course,Level,Rectangular Lot
Well
0.6749
false
Assessor
Attached,Drain,Driveway,Detached,Garage
Building Details
Building Size
1,612 SF
Year Built
1967
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
(304) 501-5212
Listed By:
Karen Ullom
Source:
Karenullomrealty
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 3:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karen Ullom
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1967, this side-by-side duplex contains two units, each with two bedrooms, two bathrooms, and a partially finished lower level with daylight and walk-out access. The property totals 1,612 square feet. Each residence has an attached one-car garage, and a separate detached garage offers capacity for two and a half cars. The parcel spans 0.6749 acres and is described as level and rectangular. One unit is occupied by a tenant; the other is vacant.
Key Highlights
- Two units, each with 2 bedrooms and 2 bathrooms
- 1,612 square feet total
- 0.6749‑acre level, rectangular lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,762
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,240
$295.2K
Cap Rate 7%
$210,886
$210.9K
Cap Rate 9%
$164,022
$164.0K
Market Conditions
NOI Build-Up for 1,612 SF
Gross rent
$22.2K $13.80/SF
− Vacancy
−$1.2K −$0.72/SF
EGI
$21.1K $13.08/SF
− OpEx
−$6.3K −$3.92/SF
NOI
$14.8K $9.16/SF
Area
Akron, OH
Vacancy
5.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,240
Cap Rate 7%
$210,886
Cap Rate 9%
$164,022
Alternative Uses
Best Use
Multifamily LT 5
$210.9K
$184.5K – $246.0K
NOI $14,762 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$184.6K
$161.6K – $215.4K
NOI $12,924 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$395.6K
$346.2K – $461.5K
NOI $27,692 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
Explore this area
Business Placement
Demographics for 44319, OH
21,833
Population
9,950
Households
2.2
Avg Household Size
48
Median Age
30%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
1,149
Density / Sq Mi
$74,781
Median Household Income
$43,662
Median Earnings
$1,081
Median Rent
$188,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residences pair private garage parking with a detached garage on a level 0.6749-acre parcel.
Where is this duplex located?
The property is located at 119-121 Swartz Road Akron, OH.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; 1,612 square feet total; 0.6749‑acre level, rectangular lot
