Two-Unit Duplex with Attached
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
(330) 686-1644
Listed By:
Brad A Miklovich · License #2013001390
(216) 287-6357
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.
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
NOI $28,023 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$350.5K
$306.7K – $408.9K
NOI $24,532 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$751.0K
$657.1K – $876.1K
NOI $52,567 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
90
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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Market
Vacancy Rate% for Multifamily in Midwest region
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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
