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Two-Unit Duplex with Attached Garage
New
For Sale
$299,900

2097 Samira Road, Stow, OH 44224

ResidentialIncome, Stow, OH

Property Size1,988 SF
Lot Size0.56 Acres
Price / SF$150.86
Days on Market1

Property Features for 2097 Samira Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 4, Laundry Room, Basement, Bedroom 2, Bedroom 4, Bedroom 1
Parking features Garage
Subdivision Farm Haven
Elementary school district Stow-Munroe Falls CS - 7714
Middle school district Stow-Munroe Falls CS - 7714
High school district Stow-Munroe Falls CS - 7714
Directions Stow Rd to Samira Rd
Standard status Active
APN 5607827
Size 1,988 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FARM HAVEN LOT 42 ALL SAMIRA RD
Tax Annual Amount 4269
Legal Description FARM HAVEN LOT 42 ALL SAMIRA RD

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

laundry hookups
partially finished basement

Building Details

Year built 1971
Floors in Building 2
Building materials AluminumSiding, Brick
Roof type Asphalt, Fiberglass
Listing Agency: Real of Ohio
Listed By: Luke G O'Neill · License #2015005284
Added: Aug 21 Last Checked: Aug 21 at 6:06PM
MLS# 5238361

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 1,988-square-foot duplex, built in 1971, provides two separate residences with matching two-bedroom, one-and-a-half-bath layouts. Each unit includes living and dining areas, a kitchen with appliances, laundry hookups, and a partially finished basement that adds flexible space and storage. Sliding doors connect both residences to the backyard, while the attached two-car garage supports convenient parking and storage needs.

The property occupies 0.5647 acres at 2097 Samira Road in Stow, Ohio. Public water and public sewer serve the property. Construction includes aluminum siding and brick, with natural gas forced-air heat, central air conditioning, and an asphalt and fiberglass roof.

Key Highlights

  • Two‑unit duplex with 1,988 square feet, built in 1971
  • Each unit includes 2 bedrooms and 1.5 bathrooms
  • Attached 2‑car garage

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 (±1% cap)
NOI $18,205 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$227.7K
$199.2K – $265.6K (±1% cap)
NOI $15,938 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$487.9K
$426.9K – $569.2K (±1% cap)
NOI $34,151 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Law Firm Building Supply Auto Repair Shop Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes two bedrooms, one-and-a-half baths, basement storage, and laundry hookups.
Where is this duplex located?
The property is located at 2097 Samira Road 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 1,988 square feet, built in 1971; Each unit includes 2 bedrooms and 1.5 bathrooms; Attached 2‑car garage
More about this property
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