Side-by-Side Ranch
For Sale
Under Contract
$164,900
1360 Brittain Woods Road, Akron, OH 44310
ResidentialIncome, Akron, OH
Property Size1,590 SF
Lot Size0.14 Acres
Price / SF$103.71
Days on Market15
Property Features for 1360 Brittain Woods Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 4, Bedroom 3, Basement, Bathroom 2, Laundry Room, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 1
Parking features
Garage
Interior features
BuiltInFeatures, EatInKitchen, LaminateCounters, PrimaryDownstairs, Storage, NaturalWoodwork
Appliances
Dryer, Range, Refrigerator, Washer
Subdivision
Brittain Woods
Lot features
Cul De Sac, City Lot
Elementary school district
Akron CSD - 7701
Middle school district
Akron CSD - 7701
High school district
Akron CSD - 7701
Directions
Brittain Rd to Brittain Woods Circle
Standard status
Active Under Contract
APN
6824214
Size
1,590 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BRITTAIN WOODS ALLT LOT 3 ALL
Tax Annual Amount
2683
Legal Description
BRITTAIN WOODS ALLT LOT 3 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
eat-in kitchen
in-unit washer and dryer
separate basement
patio
Building Details
Year built
1962
Floors in Building
1
Building materials
Brick, Frame, Glass, Plaster
Roof type
Asphalt, Fiberglass
Additional Structures
Storage
Listing Agency:
RE/MAX Crossroads Properties · RE/MAX International
(330) 929-9278
Listed By:
Jessica Nader · License #2019004118
(330) 209-2008
Added: Sep 10
Changed: Sep 15
Last Checked: Sep 24 at 12:06AM
MLS# 5243992
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.
This side-by-side ranch duplex contains 1,590 square feet across two separate residential units. Both sides include eat-in kitchens, in-unit washers and dryers, separate basements, storage, and backyard patio areas. The property was built in 1962 and has forced-air natural gas heat, central air, public water, and public sewer. Each unit is currently rented on month-to-month terms.
Located in Akron, Ohio, the property includes a garage and sits on a 0.1374-acre lot. Additional features include laminate counters, natural woodwork, downstairs primary bedrooms, refrigerators, ranges, and asphalt and fiberglass roofing. The configuration supports continued rental use or owner occupancy of one unit with the other side rented.
Located in Akron, Ohio, the property includes a garage and sits on a 0.1374-acre lot. Additional features include laminate counters, natural woodwork, downstairs primary bedrooms, refrigerators, ranges, and asphalt and fiberglass roofing. The configuration supports continued rental use or owner occupancy of one unit with the other side rented.
Key Highlights
- 1,590‑square‑foot side‑by‑side ranch duplex
- Two units currently rented on month‑to‑month terms
- Each unit has an eat‑in kitchen, in‑unit washer and dryer, and separate basement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,561
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$291,220
$291.2K
Cap Rate 7%
$208,014
$208.0K
Cap Rate 9%
$161,789
$161.8K
Market Conditions
NOI Build-Up for 1,590 SF
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.
Gross rent
$21.9K $13.80/SF
− Vacancy
−$1.1K −$0.72/SF
EGI
$20.8K $13.08/SF
− OpEx
−$6.2K −$3.92/SF
NOI
$14.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$291,220
Cap Rate 7%
$208,014
Cap Rate 9%
$161,789
Alternative Uses
Best Use
Multifamily LT 5
$208.0K
$182.0K – $242.7K
NOI $14,561 @ 7.0% cap · market cap 8.83%
Second Best
Apartment 5plus
$182.1K
$159.3K – $212.5K
NOI $12,747 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$390.2K
$341.4K – $455.2K
NOI $27,314 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Explore this area
Business Placement
Demographics for 44310, OH
24,984
Population
11,074
Households
2.3
Avg Household Size
35
Median Age
14%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
4,030
Density / Sq Mi
$38,912
Median Household Income
$32,593
Median Earnings
$925
Median Rent
$91,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two rented units offer separate living areas, basements, laundry, eat-in kitchens, and backyard patio space.
Where is this duplex located?
The property is located at 1360 Brittain Woods Road Akron, OH.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: 1,590‑square‑foot side‑by‑side ranch duplex; Two units currently rented on month‑to‑month terms; Each unit has an eat‑in kitchen, in‑unit washer and dryer, and separate basement
