Duplex with Attached
For Sale
$299,900
Pending
2097 Samira Rd, Stow, OH 44224
Two residential units offer private outdoor access, basement storage, and in-unit laundry hookups.
Property Size1,988 SF
Days on Market11
Property Features for 2097 Samira Rd
General Information
Standard status
Pending
Size
1,988 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,269
Amenities
laundry hookups
Building Details
Buildings
1
Listing Agency:
Real of Ohio
(330) 414-2305
Listed By:
Luke G O'Neill · License #2015005284
(330) 414-2305
Source:
Exprealty
Added: Aug 21
Changed: Aug 31
Last Checked: Aug 31 at 6:54PM
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 Real of Ohio
Investment Insights
Based on property information with market context.
This duplex includes two residential units, each arranged with two bedrooms, one and a half bathrooms, a living area, dining space, and a kitchen equipped with appliances. Sliding glass doors connect both units to an expansive backyard, while partially finished basements provide additional space for storage or household use. Laundry hookups are available in each unit.
An attached two-car garage serves the property. The duplex is located at 2097 Samira Rd in Stow, Ohio, with trees and wooded areas surrounding the home and contributing to a private setting.
An attached two-car garage serves the property. The duplex is located at 2097 Samira Rd in Stow, Ohio, with trees and wooded areas surrounding the home and contributing to a private setting.
Key Highlights
- Two‑unit duplex with two bedrooms and 1.5 bathrooms in each unit
- Attached two‑car garage
- Partially finished basement included with each unit
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
$18,205
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
6.07%
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%
$364,100
$364.1K
Cap Rate 7%
$260,071
$260.1K
Cap Rate 9%
$202,278
$202.3K
Market Conditions
NOI Build-Up for 1,988 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
$27.4K $13.80/SF
− Vacancy
−$1.4K −$0.72/SF
EGI
$26.0K $13.08/SF
− OpEx
−$7.8K −$3.92/SF
NOI
$18.2K $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 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%
$364,100
Cap Rate 7%
$260,071
Cap Rate 9%
$202,278
Alternative Uses
Best Use
Multifamily LT 5
$260.1K
$227.6K – $303.4K
NOI $18,205 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$227.7K
$199.2K – $265.6K
NOI $15,938 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$487.9K
$426.9K – $569.2K
NOI $34,151 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Explore this area
Business Placement
Demographics for 44224, OH
38,709
Population
16,826
Households
2.3
Avg Household Size
42
Median Age
49%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
1,898
Density / Sq Mi
$91,096
Median Household Income
$48,624
Median Earnings
$1,190
Median Rent
$243,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer private outdoor access, basement storage, and in-unit laundry hookups.
Where is this duplex located?
The property is located at 2097 Samira Rd Stow, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and 1.5 bathrooms in each unit; Attached two‑car garage; Partially finished basement included with each unit
