Two-Unit Duplex with
New
For Sale
$225,000
2041 15th Street, Cuyahoga Falls, OH 44223
ResidentialIncome, Cuyahoga Falls, OH
Property Size1,558 SF
Lot Size0.11 Acres
Price / SF$144.42
Days on Market2
Property Features for 2041 15th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Basement, Laundry Room, Bathroom 1
Parking features
Driveway
Appliances
Range, Refrigerator
Subdivision
Brodbeck
Elementary school district
Cuyahoga Falls CSD - 7705
Middle school district
Cuyahoga Falls CSD - 7705
High school district
Cuyahoga Falls CSD - 7705
Directions
Broad Blvd to 15th St.
Standard status
Active
APN
0207149
Size
1,558 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BRODBECK LOT 69 ALL
Tax Annual Amount
2949
Legal Description
BRODBECK LOT 69 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
covered front porch
basement storage and laundry
Building Details
Year built
1930
Floors in Building
2
Building materials
AluminumSiding, WoodSiding
Roof type
Asphalt, Fiberglass
Listing Agency:
RE/MAX Trends Realty · RE/MAX International
(234) 251-0555
Listed By:
Nikki M Fanizzi · License #2003021302
(330) 807-7005
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 7:06PM
MLS# 5250965
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 up-and-down duplex at 2041 15th Street in Cuyahoga Falls contains 1,558 square feet. The main-floor residence has two bedrooms, a full bathroom, kitchen, living room, and covered front porch. Upstairs, the one-bedroom unit includes a kitchen and a combined living and dining area. A full basement provides storage and laundry space.
Both units are expected to be vacant at closing. The property has no separate utilities for the units. Built in 1930, it sits on a 0.1102-acre lot and has driveway parking, central air, and forced-air natural gas heating.
Both units are expected to be vacant at closing. The property has no separate utilities for the units. Built in 1930, it sits on a 0.1102-acre lot and has driveway parking, central air, and forced-air natural gas heating.
Key Highlights
- Both residences will be vacant at closing
- Two‑bedroom main‑floor unit and one‑bedroom upper unit
- Full basement with storage and laundry space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,268
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,360
$285.4K
Cap Rate 7%
$203,829
$203.8K
Cap Rate 9%
$158,533
$158.5K
Market Conditions
NOI Build-Up for 1,558 SF
Gross rent
$21.5K $13.80/SF
− Vacancy
−$1.1K −$0.72/SF
EGI
$20.4K $13.08/SF
− OpEx
−$6.1K −$3.92/SF
NOI
$14.3K $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%
$285,360
Cap Rate 7%
$203,829
Cap Rate 9%
$158,533
Alternative Uses
Best Use
Multifamily LT 5
$203.8K
$178.4K – $237.8K
NOI $14,268 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$178.4K
$156.1K – $208.2K
NOI $12,491 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$382.3K
$334.6K – $446.1K
NOI $26,764 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
Explore this area
Business Placement
Demographics for 44223, OH
18,388
Population
8,846
Households
2.1
Avg Household Size
45
Median Age
47%
College-Educated
97%
High-School Grad
14.8 sq mi
ZIP Area
1,242
Density / Sq Mi
$89,046
Median Household Income
$51,385
Median Earnings
$1,056
Median Rent
$202,600
Median Home Value
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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 - The lower residence has two bedrooms, while the upper unit offers one bedroom and a combined living and dining area.
Where is this duplex located?
The property is located at 2041 15th Street Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Both residences will be vacant at closing; Two‑bedroom main‑floor unit and one‑bedroom upper unit; Full basement with storage and laundry space
