Updated Duplex with Off-Street
New
For Sale
$249,900
1660-1664 Bailey Road, Cuyahoga Falls, OH 44221
ResidentialIncome, Cuyahoga Falls, OH
Property Size1,824 SF
Lot Size0.16 Acres
Price / SF$137.01
Days on Market2
Property Features for 1660-1664 Bailey Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Laundry Room, Bedroom 4, Bedroom 3, Bathroom 2
Parking features
Driveway, Parking Lot, Off Street
Subdivision
Heslop Morningview 04
Elementary school district
Cuyahoga Falls CSD - 7705
Middle school district
Cuyahoga Falls CSD - 7705
High school district
Cuyahoga Falls CSD - 7705
Directions
Bailey Rd between Hanover St and Cooper Dr.
Standard status
Active
APN
0201168
Size
1,824 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HESLOP MORNING VIEW #4 LOT 21 ALL
Tax Annual Amount
3660
Legal Description
HESLOP MORNING VIEW #4 LOT 21 ALL
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
off-street parking
shed
Building Details
Year built
1953
Floors in Building
2
Building materials
Brick
Roof type
Fiberglass, Asphalt
Listing Agency:
Keller Williams Chervenic Rlty · Keller Williams Realty
(330) 686-1644
Listed By:
Justin T Aikens · License #2012000353
(330) 388-2637
Added: Oct 5
Last Checked: Oct 6 at 7:06PM
MLS# 5249981
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 1,824-square-foot duplex contains two updated, tenant-occupied residences. Built in 1953, the brick property has natural gas forced-air heat, central air conditioning, public water and sewer, and a shed for storage. The lot measures 0.1561 acres, with driveway and other off-street parking available.
The property is in Cuyahoga Falls, near parks, dining, entertainment, and everyday amenities. Both units are currently leased.
The property is in Cuyahoga Falls, near parks, dining, entertainment, and everyday amenities. Both units are currently leased.
Key Highlights
- Two updated units, both currently leased
- 1,824 square feet on a 0.1561‑acre lot
- Brick construction; built in 1953
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,704
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,080
$334.1K
Cap Rate 7%
$238,629
$238.6K
Cap Rate 9%
$185,600
$185.6K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$25.2K $13.80/SF
− Vacancy
−$1.3K −$0.72/SF
EGI
$23.9K $13.08/SF
− OpEx
−$7.2K −$3.92/SF
NOI
$16.7K $9.16/SF
Area
Summit County, 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%
$334,080
Cap Rate 7%
$238,629
Cap Rate 9%
$185,600
Alternative Uses
Best Use
Multifamily LT 5
$238.6K
$208.8K – $278.4K
NOI $16,704 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$208.9K
$182.8K – $243.7K
NOI $14,623 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$447.6K
$391.7K – $522.2K
NOI $31,334 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 44221, OH
29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and include central air conditioning, with a storage shed and off-street parking on site.
Where is this duplex located?
The property is located at 1660-1664 Bailey Road Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two updated units, both currently leased; 1,824 square feet on a 0.1561‑acre lot; Brick construction; built in 1953
