Side-by-Side Duplex with
New
For Sale
$349,900
3367-3371 Hiwood Avenue, Stow, OH 44224
ResidentialIncome, Stow, OH
Property Size2,568 SF
Lot Size0.27 Acres
Price / SF$136.25
Days on Market4
Property Features for 3367-3371 Hiwood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Basement, Bedroom 1, Bedroom 6, Bedroom 4, Laundry Room, Bedroom 2
Parking features
Driveway, Garage, Open
Window features
Drapes, Blinds
Interior features
BuiltInFeatures, CeilingFans, LaminateCounters, SoakingTub, NaturalWoodwork
Exterior features
Garden
Appliances
Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
Subdivision
Fruitland
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
North of Gaylord Drive, East of Darrow Road and South of Kent Road
Standard status
Active
APN
5616617
Size
2,568 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FRUITLAND 48 ALL LESS W5FT 49 N10FT LESS W 5 FT
Tax Annual Amount
6207
Legal Description
FRUITLAND 48 ALL LESS W5FT 49 N10FT LESS W 5 FT
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1970
Floors in Building
2
Building materials
ShingleSiding, VinylSiding
Roof type
Asphalt
Listing Agency:
Keller Williams Living · Keller Williams Realty
(440) 318-1620
Listed By:
Amanda S Pohlman · License #2020007414
(216) 526-8302
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 15 at 4:06AM
MLS# 5246011
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 1970 side-by-side duplex contains 2,568 square feet across two residences, each with three bedrooms, one and a half bathrooms, a kitchen, and a full basement. One unit has updated flooring and bathroom improvements; the other includes an additional great room and an attached garage. Kitchen appliances, washers, and dryers convey. The exterior received a new roof and siding in 2021, and the property includes a private backyard.
The property occupies a 0.2732-acre lot in Stow, Ohio. Public water and sewer serve the site, and parking includes a garage, driveway, and open spaces.
The property occupies a 0.2732-acre lot in Stow, Ohio. Public water and sewer serve the site, and parking includes a garage, driveway, and open spaces.
Key Highlights
- Two side‑by‑side units, each with 3 bedrooms and 1.5 bathrooms
- 2,568 square feet on a 0.2732‑acre lot
- New roof and siding installed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,517
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,340
$470.3K
Cap Rate 7%
$335,957
$336.0K
Cap Rate 9%
$261,300
$261.3K
Market Conditions
NOI Build-Up for 2,568 SF
Gross rent
$35.4K $13.80/SF
− Vacancy
−$1.8K −$0.72/SF
EGI
$33.6K $13.08/SF
− OpEx
−$10.1K −$3.92/SF
NOI
$23.5K $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%
$470,340
Cap Rate 7%
$335,957
Cap Rate 9%
$261,300
Alternative Uses
Best Use
Multifamily LT 5
$336.0K
$294.0K – $392.0K
NOI $23,517 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$294.1K
$257.4K – $343.1K
NOI $20,588 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$630.2K
$551.4K – $735.3K
NOI $44,115 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
102
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 attached residences offer separate living areas, full basements, and a private backyard.
Where is this duplex located?
The property is located at 3367-3371 Hiwood Avenue Stow, OH.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two side‑by‑side units, each with 3 bedrooms and 1.5 bathrooms; 2,568 square feet on a 0.2732‑acre lot; New roof and siding installed in 2021
