Search
Two-Unit Duplex with Attached Garage
For Sale
$440,000

3153 N River Rd, Stow, OH 44224

Each residence has two bedrooms, a full bath, and a half bath, with shared outdoor amenities and multiple storage sheds.

Property Size3,060 SF
Price / SF$143.79
Days on Market12

Property Features for 3153 N River Rd

General Information

Standard status Active
Size 3,060 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,381

Amenities

wood-burning fireplace
patio
low-voltage lighting
driveway
privacy fencing
professional landscaping
sheds
attached garage
laundry room
whole-house water filtration

Building Details

Buildings 1
Listing Agency: Keller Williams Chervenic Rlty
Listed By: Brad A Miklovich · License #2013001390
Source: Exprealty
Added: Sep 30 Changed: Oct 7 Last Checked: Oct 9 at 10:59PM

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 Keller Williams Chervenic Rlty

Investment Insights

Based on property information with market context.

This 3,060-square-foot duplex at 3153 N River Rd in Stow contains two residences, each configured with two bedrooms, one full bath, and one half bath. Interior features include living and dining areas, a kitchen, laundry space, and a loft bedroom with a walk-in closet. One unit also has a wood-burning fireplace. An attached garage serves the property.

The site spans more than an acre and includes a 35-by-24-foot stamped-concrete patio, an expanded driveway, privacy fencing, landscaping, and multiple sheds, including one with electricity. Improvements include an updated electrical panel, foundation waterproofing with a French drain, gutter guards, whole-house water filtration, and water-softener upgrades. The hot water tank was replaced in 2025.

Key Highlights

  • Two residences, each with two bedrooms, one full bath, and one half bath
  • 3,060 square feet on more than an acre
  • Attached garage, expanded driveway, and multiple sheds; one shed has electricity

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,023
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,460 $560.5K
Cap Rate 7%
$400,329 $400.3K
Cap Rate 9%
$311,367 $311.4K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$42.2K $13.80/SF
− Vacancy
−$2.2K −$0.72/SF
EGI
$40.0K $13.08/SF
− OpEx
−$12.0K −$3.92/SF
NOI
$28.0K $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 Rate 5%
$560,460
Cap Rate 7%
$400,329
Cap Rate 9%
$311,367

Alternative Uses

Best Use
Multifamily LT 5
$400.3K
$350.3K – $467.1K (±1% cap)
NOI $28,023 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$350.5K
$306.7K – $408.9K (±1% cap)
NOI $24,532 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$751.0K
$657.1K – $876.1K (±1% cap)
NOI $52,567 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Building Supply HVAC Service

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

90
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, a full bath, and a half bath, with shared outdoor amenities and multiple storage sheds.
Where is this duplex located?
The property is located at 3153 N River Rd Stow, OH.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two residences, each with two bedrooms, one full bath, and one half bath; 3,060 square feet on more than an acre; Attached garage, expanded driveway, and multiple sheds; one shed has electricity
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again