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    Well-Maintained Cuyahoga Falls Twinplex

    2591-2593 16th Street Cuyahoga Falls, OH 44223

    2591-2593 16th Street, Cuyahoga Falls, OH, 44223
    $299,900
    Pending
    For Sale
    Claim this Listing
    $299,900
    Pending

    MULTI_FAMILY - Cuyahoga Falls, OH

    Property Size2,200 SF
    Lot Size0.16 Acres
    AddedMay 29
    Days on Market49
    Last RefreshJul 16 at 3:06 am

    Property Features for 2591-2593 16th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 1, Laundry Room, Bathroom 2, Bathroom 3, Bathroom 4, Basement, Bedroom 1, Bedroom 3
    Parking features
    Garage, Driveway, Open
    Window features
    Shutters, Screens
    Interior features
    CeilingFans, EatInKitchen
    Exterior features
    FirePit, PrivateYard
    Appliances
    Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
    Standard status
    Pending
    APN
    0204783
    Size
    2,200 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    N HAVEN #4 LOT 634 ALL
    Tax Annual Amount
    5000

    Utilities

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

    Building Details

    Year built
    1956
    Floors in Building
    2
    Building materials
    AluminumSiding, Brick, WoodSiding
    Roof type
    Asphalt, Fiberglass

    Listing agent Leslee T Salhany License #320795

    Listing office Berkshire Hathaway HomeServices Simon & Salhany Realty 205 W Portage Trail, Cuyahoga Falls, OH

    Listing date May 29, 2026

    MLS# 5214416 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.

    Investment Insights

    Based on property information with market context.

    This well-maintained brick twinplex is located in Cuyahoga Falls. Each unit features an identical floor plan with 2 bedrooms and 1.5 baths. The kitchens measure 10x11 with adjoining 9x11 eating areas, and the living rooms are 12x18. The owner suites measure 11x17, and the second bedrooms are 11x12. The owner-occupied unit at 2591 shows pride of ownership. Updates include garage and house shingles approximately 2018, updated windows, attic insulation, and an updated service box. The furnace in unit 2593 was updated approximately 2025. The property includes separate basements for each unit and a shared 2-car detached garage. Appliances include 2 stoves, 2 refrigerators, 2 dishwashers, and disposals. This property is an investment opportunity or suitable for owner-occupancy. It is conveniently located close to shopping, dining, downtown Cuyahoga Falls, and parks. The lot size is 0.16 acres, and the property size is 2200 square feet.

    Key Highlights

    • Brick twinplex built in 1956 with 2 identical units, each offering 2 bedrooms and 1.5 baths
    • Each unit features a 10x11 kitchen with a 9x11 eating area and a 12x18 living room
    • Owner suite layout includes an 11x17 owner suite and a second bedroom measuring 11x12

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $30.4k $13.80
    − Vacancy −$1.6k −$0.72
    EGI $28.8k $13.08
    − OpEx −$8.6k −$3.92
    NOI $20.1k $9.16
    2,200 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $287.8K
    $251.8K – $335.8K (±1% cap)
    NOI $20,147 @ 7.0% cap · market cap 6.72%
    Second Best
    Apartment 5plus
    $252.0K
    $220.5K – $294.0K (±1% cap)
    NOI $17,638 @ 7.0% cap · market cap 5.88%
    Theoretical Best
    Office A
    $539.9K
    $472.4K – $629.9K (±1% cap)
    NOI $37,793 @ 7.0% cap · market cap 12.60%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Kitchen & Bath Showroom HVAC Service Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Travel Agency Cosmetic Store

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

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    FAQs

    What type of property is this?
    Duplex - Rare, updated twinplex near downtown Cuyahoga Falls.
    Where is this duplex located?
    The property is located at 2591-2593 16th Street Cuyahoga Falls, 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: Brick twinplex built in 1956 with 2 identical units, each offering 2 bedrooms and 1.5 baths; Each unit features a 10x11 kitchen with a 9x11 eating area and a 12x18 living room; Owner suite layout includes an 11x17 owner suite and a second bedroom measuring 11x12
    Contact an agent
    (330) 958-1220
    We can help!
    Contact an agent
    Leslee T Salhany
    Leslee T Salhany
    Real Estate License ID: 320795
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