Two-Unit Duplex with
21030-21040 Detroit Road, Rocky River, OH 44116
For Sale
New
$449,900
ResidentialIncome, Rocky River, OH
Property Size3,254 SF
Lot Size0.19 Acres
Price / SF$138.26
Days on Market5
Property Features for 21030-21040 Detroit Road
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Interior features
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
in-unit laundry
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
RE/MAX Crossroads Properties · RE/MAX International
(440) 331-2870
Listed By:
Anthony R Latina · License OH #2016003431
(440) 465-5611
Added: Nov 10
Changed: Nov 13
Last Checked: Nov 14 at 3:06AM
MLS# 5258958
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.
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Investment Insights
Based on property information with market context.
This 1958 brick and vinyl-sided duplex contains two residences with a combined reported area of 3,254 square feet, including approximately 2,604 square feet above grade. The front residence is single-story with two bedrooms and one full bathroom. The two-story rear residence has three bedrooms, one and a half bathrooms, and a partially finished basement. Both units have basement space, and laundry facilities are included. The property also has a two-car garage and four additional parking spaces on a 0.188-acre lot.
Improvements include a roof replacement in 2017; exterior siding, brick painting, and a rear-unit remodel in 2019; and outdoor brick stairs completed in 2026. The rear residence received a new electrical service box in 2021, followed by a new furnace, air conditioner, and hot water heater in 2023. Updates to the front unit include an air conditioner replaced in 2020 and a hot water heater and kitchen appliances replaced in 2021. The address is 21030-21040 Detroit Road in Rocky River, Ohio.
Improvements include a roof replacement in 2017; exterior siding, brick painting, and a rear-unit remodel in 2019; and outdoor brick stairs completed in 2026. The rear residence received a new electrical service box in 2021, followed by a new furnace, air conditioner, and hot water heater in 2023. Updates to the front unit include an air conditioner replaced in 2020 and a hot water heater and kitchen appliances replaced in 2021. The address is 21030-21040 Detroit Road in Rocky River, Ohio.
Key Highlights
- Two residences: a 2‑bedroom, 1‑bath front unit and a 3‑bedroom, 1.5‑bath rear unit
- 3,254 square feet total, including approximately 2,604 square feet above grade
- 0.188‑acre lot with a 2‑car garage and 4 additional parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,502
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,040
$690.0K
Cap Rate 7%
$492,886
$492.9K
Cap Rate 9%
$383,356
$383.4K
Market Conditions
NOI Build-Up for 3,254 SF
Gross rent
$52.7K $16.20/SF
− Vacancy
−$3.4K −$1.05/SF
EGI
$49.3K $15.15/SF
− OpEx
−$14.8K −$4.54/SF
NOI
$34.5K $10.60/SF
Area
Cuyahoga County, OH
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,040
Cap Rate 7%
$492,886
Cap Rate 9%
$383,356
Alternative Uses
Best Use
Multifamily LT 5
$492.9K
$431.3K – $575.0K
NOI $34,502 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$459.5K
$402.1K – $536.1K
NOI $32,167 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$604.5K
$528.9K – $705.2K
NOI $42,312 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
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Business Placement
Demographics for 44116, OH
21,821
Population
10,484
Households
2.1
Avg Household Size
45
Median Age
64%
College-Educated
97%
High-School Grad
4.9 sq mi
ZIP Area
4,453
Density / Sq Mi
$93,532
Median Household Income
$60,738
Median Earnings
$1,146
Median Rent
$327,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Cuyahoga County, OH
Properties on Market for Duplexes in Cuyahoga County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct layouts, in-unit laundry, and dedicated basement space.
Where is this duplex located?
The property is located at 21030-21040 Detroit Road Rocky River, OH.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two residences: a 2‑bedroom, 1‑bath front unit and a 3‑bedroom, 1.5‑bath rear unit; 3,254 square feet total, including approximately 2,604 square feet above grade; 0.188‑acre lot with a 2‑car garage and 4 additional parking spaces
