Updated Duplex With Fenced
For Sale
Under Contract
$420,000
2670-2672 Graham Road, Stow, OH 44224
ResidentialIncome, Stow, OH
Property Size2,288 SF
Lot Size0.49 Acres
Price / SF$183.57
Days on Market51
Property Features for 2670-2672 Graham Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Laundry Room, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Basement, Bedroom 5, Bedroom 4
Parking features
Garage
Interior features
EatInKitchen, OpenFloorplan
Exterior features
PrivateYard
Appliances
Refrigerator
Lot features
Back Yard
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
Head East on Graham from Route 8.
Standard status
Active Under Contract
APN
5600109
Size
2,288 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6030
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
fully fenced backyard
new storage shed
covered deck area
Building Details
Year built
1996
Floors in Building
1
Building materials
VinylSiding
Roof type
Asphalt, Fiberglass
Listing Agency:
Century 21 Homestar · Century 21 Real Estate
(440) 449-9100
Listed By:
Narayani Khanal · License #2020004901
(234) 237-2644
Added: Aug 14
Changed: Sep 12
Last Checked: Oct 3 at 6:06AM
MLS# 5236911
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 duplex at 2670-2672 Graham Road in Stow contains 2,288 square feet across two residential units. The 2670 unit has 2 bedrooms, 1 full bathroom, and a basement half bath; the 2672 unit includes 3 bedrooms, 1 full bathroom, and 1 half bath. Both units received new flooring in 2021 and fresh interior paint. One unit also has a new furnace, while the roof is approximately 5 years old.
The 0.489-acre property includes a fully fenced backyard, a new storage shed, and a covered deck area. Half of the deck roof was added in 2018. Additional features include eat-in kitchens, open floor plans, vinyl siding, central air, natural gas heating, a garage, public water, and public sewer. Built in 1996, the property supports either owner-occupant use or residential rental operations.
The 0.489-acre property includes a fully fenced backyard, a new storage shed, and a covered deck area. Half of the deck roof was added in 2018. Additional features include eat-in kitchens, open floor plans, vinyl siding, central air, natural gas heating, a garage, public water, and public sewer. Built in 1996, the property supports either owner-occupant use or residential rental operations.
Key Highlights
- Two‑unit duplex with 2,288 square feet and a 2‑bedroom/3‑bedroom unit mix
- 2670 unit includes 1 full bathroom and a basement half bath; 2672 has 1 full bathroom and 1 half bath
- New flooring installed in both units in 2021, with fresh interior paint
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
$20,953
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
4.99%
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%
$419,060
$419.1K
Cap Rate 7%
$299,329
$299.3K
Cap Rate 9%
$232,811
$232.8K
Market Conditions
NOI Build-Up for 2,288 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
$31.6K $13.80/SF
− Vacancy
−$1.6K −$0.72/SF
EGI
$29.9K $13.08/SF
− OpEx
−$9.0K −$3.92/SF
NOI
$21.0K $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%
$419,060
Cap Rate 7%
$299,329
Cap Rate 9%
$232,811
Alternative Uses
Best Use
Multifamily LT 5
$299.3K
$261.9K – $349.2K
NOI $20,953 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$262.0K
$229.3K – $305.7K
NOI $18,343 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$561.5K
$491.3K – $655.1K
NOI $39,305 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
103
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
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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 - Two residential units combine refreshed interiors with private outdoor space and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 2670-2672 Graham Road Stow, OH.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,288 square feet and a 2‑bedroom/3‑bedroom unit mix; 2670 unit includes 1 full bathroom and a basement half bath; 2672 has 1 full bathroom and 1 half bath; New flooring installed in both units in 2021, with fresh interior paint
