All-Brick Duplex with Attached
For Sale
$329,900
3837-3839 Beech Hill Road NW, North Canton, OH 44720
MULTI_FAMILY - North Canton, OH
Property Size3,024 SF
Lot Size0.40 Acres
Price / SF$109.09
Days on Market50
Property Features for 3837-3839 Beech Hill Road NW
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 2, Laundry Room, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Basement, Bathroom 3, Bedroom 4
Parking features
Garage
Subdivision
Pleasant Wood Estates
Lot features
Dead End
Elementary school district
North Canton CSD - 7611
Middle school district
North Canton CSD - 7611
High school district
North Canton CSD - 7611
Directions
From Pleasantwood Ave NW, drive to Beech Hill Rd NW
Standard status
Active
APN
02001410
Size
3,024 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
11 - 110'AV IRR WE & 12 - 30.36 X 109'SWC PLEASANTWOOD EST
Tax Annual Amount
2389
Legal Description
11 - 110'AV IRR WE & 12 - 30.36 X 109'SWC PLEASANTWOOD EST
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Well
Building Details
Year built
1969
Floors in Building
2
Building materials
Brick
Roof type
Asphalt, Fiberglass
Listing Agency:
Keller Williams Legacy Group Realty · Keller Williams Realty
(330) 433-6005
Listed By:
Jose Medina · License #2002013465
(330) 595-9811
Added: Jun 25
Changed: Aug 1
Last Checked: Aug 13 at 11:06AM
MLS# 5222442
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 all-brick duplex offers two identical living setups, with each side featuring an attached 1-car garage and a welcoming entry with coat closet. Each unit includes a living room and an eat-in kitchen with appliances and access to a back concrete patio, plus a half bath off the kitchen. The second floor provides two bedrooms and a full bath with a tub/shower combination. The lower level adds additional finished recreation space, along with an unfinished area that includes laundry hookups, a water softener, and storage.
On the exterior, major updates include new windows in 2021, a roof in 2021, and exterior trim painted in 2022. Additional interior improvements within the last five years include front door screen door, fridge, stove, garbage disposal, dishwasher, and bathroom tub surround in unit 3837, and a new fridge, carpet, and dishwasher in unit 3839.
The property sits on a 0.404-acre lot in Lake Township within the North Canton CSD. The building is heated with forced air natural gas and cooled with central air. Water is supplied by a well, and sewer is public.
On the exterior, major updates include new windows in 2021, a roof in 2021, and exterior trim painted in 2022. Additional interior improvements within the last five years include front door screen door, fridge, stove, garbage disposal, dishwasher, and bathroom tub surround in unit 3837, and a new fridge, carpet, and dishwasher in unit 3839.
The property sits on a 0.404-acre lot in Lake Township within the North Canton CSD. The building is heated with forced air natural gas and cooled with central air. Water is supplied by a well, and sewer is public.
Key Highlights
- 0.404‑acre lot with 3,024 SF duplex built in 1969
- Each side has an attached 1‑car garage plus eat‑in kitchen and back concrete patio access
- Second floor: two bedrooms and a full bath with tub/shower combination in each unit
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
$25,295
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
7.67%
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%
$505,900
$505.9K
Cap Rate 7%
$361,357
$361.4K
Cap Rate 9%
$281,056
$281.1K
Market Conditions
NOI Build-Up for 3,024 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
$37.4K $12.36/SF
− Vacancy
−$1.2K −$0.41/SF
EGI
$36.1K $11.95/SF
− OpEx
−$10.8K −$3.58/SF
NOI
$25.3K $8.36/SF
Area
Stark County, OH
Vacancy
3.32%
Lease Rate
$12.36 /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%
$505,900
Cap Rate 7%
$361,357
Cap Rate 9%
$281,056
Alternative Uses
Best Use
Multifamily LT 5
$361.4K
$316.2K – $421.6K
NOI $25,295 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$316.4K
$276.9K – $369.2K
NOI $22,149 @ 7.0% cap · market cap 6.71%
Theoretical Best
Retail
$789.5K
$690.9K – $921.1K
NOI $55,268 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 44720, OH
40,744
Population
17,988
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
97%
High-School Grad
34.3 sq mi
ZIP Area
1,188
Density / Sq Mi
$81,045
Median Household Income
$46,587
Median Earnings
$977
Median Rent
$233,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit all-brick duplex built in 1969 with central air, each side has an attached 1-car garage.
Where is this duplex located?
The property is located at 3837-3839 Beech Hill Road NW North Canton, OH.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 0.404‑acre lot with 3,024 SF duplex built in 1969; Each side has an attached 1‑car garage plus eat‑in kitchen and back concrete patio access; Second floor: two bedrooms and a full bath with tub/shower combination in each unit
