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    1995-1997 Rolling Meadows Lane Akron, OH 44312

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    Claim this Listing
    For Sale
    Under Contract
    $450,000

    MULTI_FAMILY - Akron, OH

    Property size:
    3,136 SF
    Lot size:
    1.10 Acres
    Price / SF:
    $143/SF
    Added:
    Apr 24, 2026
    Days on Market:
    8
    Last Refresh:
    May 1 at 1:06 pm

    Property Features for 1995-1997 Rolling Meadows Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 2, Bedroom 4, Bathroom 3, Laundry Room, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 1
    Parking features
    Open, Driveway, Garage, Guest
    Window features
    Screens, Shutters, Blinds
    Pool private
    1
    Interior features
    CeilingFans, Chandelier, CathedralCeilings, EntranceFoyer, EatInKitchen, GraniteCounters, LaminateCounters, OpenFloorplan, RecessedLighting, Storage, VaultedCeilings
    Exterior features
    PrivateYard
    Fencing
    Fenced
    Appliances
    Dishwasher, Disposal, Microwave, Range, Refrigerator, WaterSoftener
    Standard status
    Active Under Contract
    APN
    5110008
    Size
    3,136 SF
    Lot size
    1.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4221

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Well

    Building Details

    Year built
    1997
    Floors in Building
    2
    Building materials
    Block, Frame, Glass, VinylSiding, WoodSiding
    Roof type
    Asphalt, Fiberglass
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Jessica Nader
    Jessica Nader

    Listing agent Jessica Nader License #2019004118

    Listing office RE/MAX Crossroads Properties 2040 Front Street, Strongsville, OH

    Listing date Apr 24, 2026

    MLS# 5204244 Listing URL

    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.

    Overview

    Luxury Duplex with Income Potential

    Located in Akron, this duplex presents an opportunity for owner-occupancy or rental investment. The property, situated on nearly 1.5 acres, features a mirrored, open-concept floor plan in each unit, with a total of 3,136 square feet. Each side includes 3 bedrooms and 2 full baths. Design elements include vaulted ceilings, updated flooring and carpet, and upscale finishes. The living rooms connect to dining areas and kitchens, with French doors leading to private patios. The kitchens are equipped with hardwood cabinetry, granite countertops, stainless steel appliances, and peninsula seating. One unit features a stone fireplace. Each side includes a first-floor bedroom, a full bath, and laundry area with cabinet storage. Upstairs, an open layout includes two oversized bedrooms, one with a walk-in closet, and a shared full bath on each side. Exterior features include landscaped grounds, a paved patio, split-fenced backyard, two 2-car garages, and a detached garage-style shed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.453323
    Latitude
    41.000411

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    FAQs

    What type of property is this?
    Duplex - Meticulously maintained duplex on 1.5 acres, ideal for living.
    Where is this duplex located?
    The property is located at 1995-1997 Rolling Meadows Lane Akron, OH.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Owner‑occupied duplex on nearly 1.5 acres, ideal for multigenerational living or rental investment.; **Mirrored, open‑concept floor plans with 3 bedrooms and 2 full baths on each side (6 beds, 4 baths total) totaling 3,136 sq ft.**; **Upscale finishes including vaulted ceilings, updated flooring, granite countertops, and stainless steel appliances.**
    (330) 209-2008
    We can help!
    Listing Contact
    Jessica Nader
    Jessica Nader
    Real Estate License ID: 2019004118
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    1995-1997 Rolling Meadows Lane, Akron, OH 44312

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