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3330-3332 Elmwood Street, Cuyahoga Falls, OH, 44221
All-Brick Duplex with Private Patios

3330-3332 Elmwood Street Cuyahoga Falls, OH 44221

New
For Sale
$264,900

MULTI_FAMILY - Cuyahoga Falls, OH

Property Size1,902 SF
Lot Size0.21 Acres
Price / SF$139.27
Days on Market1

Property Features for 3330-3332 Elmwood Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 1, Basement, Bathroom 1
Parking features
Driveway, Garage
Standard status
Active
APN
0202300
Size
1,902 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
CITY FARMS LOT 35 E 115 FT
Tax Annual Amount
4077

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1964
Floors in Building
1
Building materials
Brick
Roof type
Fiberglass, Asphalt
Listing Agency: EXP Realty, LLC.
Listed By: Mick Gilliland · License #2021005353
Added: Jul 24 Last Checked: Jul 24 at 4:06PM
MLS# 5229785

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.

3330-3332 Elmwood Street is a well-maintained, all-brick duplex in Cuyahoga Falls featuring two separate living units. Each unit offers 2 bedrooms, 1 full bath, and spacious living and dining areas, with hardwood flooring in the living rooms and bedrooms. Both units include an attached garage, a private rear patio, and a full unfinished basement that provides storage and potential for future finishing. The basements have been professionally waterproofed, and sump pumps were installed for added protection.

The 3330 unit includes a remodeled full bathroom with an approximately $18,000 renovation and a transferable warranty. Additional updates include furnaces replaced in 2020 and central air conditioning replaced in 2022.

Offered for sale, the property provides separate quarters within a low-maintenance brick structure and includes dedicated basements and outdoor space for each unit.

Key Highlights

  • Well‑maintained all‑brick duplex built in 1964 with separate living quarters at 3330‑3332 Elmwood Street
  • Each unit offers 2 bedrooms, 1 full bath, plus spacious living and dining areas with hardwood flooring in living rooms and bedrooms
  • Attached garage, private rear patio, and each unit includes a full unfinished basement for storage or future finishing

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 $26.2k $13.80
− Vacancy −$1.4k −$0.72
EGI $24.9k $13.08
− OpEx −$7.5k −$3.92
NOI $17.4k $9.16
1,902 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$248.8K
$217.7K – $290.3K (±1% cap)
NOI $17,418 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$217.8K
$190.6K – $254.2K (±1% cap)
NOI $15,249 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$466.8K
$408.4K – $544.6K (±1% cap)
NOI $32,674 @ 7.0% cap · market cap 12.33%
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

Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Daycare Center Accounting Firm Nail Salon Hair Salon Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Well-maintained all-brick duplex with two 2-bedroom units, each with an attached garage, private rear patio, and full unfinished basement.
Where is this duplex located?
The property is located at 3330-3332 Elmwood Street Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Well‑maintained all‑brick duplex built in 1964 with separate living quarters at 3330‑3332 Elmwood Street; Each unit offers 2 bedrooms, 1 full bath, plus spacious living and dining areas with hardwood flooring in living rooms and bedrooms; Attached garage, private rear patio, and each unit includes a full unfinished basement for storage or future finishing
More about this property
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