Duplex Income
New
For Sale
$249,900
Pending
516-518 Stow Avenue, Cuyahoga Falls, OH 44221
MULTI_FAMILY - Cuyahoga Falls, OH
Property Size1,840 SF
Lot Size0.13 Acres
Days on Market5
Property Features for 516-518 Stow Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 4, Bedroom 1
Parking features
Driveway
Subdivision
Clark Allotment
Elementary school district
Cuyahoga Falls CSD - 7705
Middle school district
Cuyahoga Falls CSD - 7705
High school district
Cuyahoga Falls CSD - 7705
Directions
4th St to Stow Ave
Standard status
Pending
APN
0201079
Size
1,840 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CLARK LOT 6 ALL
Tax Annual Amount
3553
Legal Description
CLARK LOT 6 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1910
Floors in Building
2
Building materials
WoodSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Jaime Prenatt · License #2005005141
(330) 571-2356
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 31 at 7:06AM
MLS# 5231400
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 duplex income property is offered for sale at 516-518 Stow Avenue in Cuyahoga Falls, Ohio. The property includes approximately 1,840 square feet of space and sits on a 0.1303-acre lot.
Located in Summit County, the asset is positioned within the Cuyahoga Falls market at the provided address, making it a straightforward residential income option for buyers seeking a smaller-scale duplex format.
Located in Summit County, the asset is positioned within the Cuyahoga Falls market at the provided address, making it a straightforward residential income option for buyers seeking a smaller-scale duplex format.
Key Highlights
- Year built: 1910
- Wood siding exterior
- Forced air heating with central air conditioning
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 | $25.4k | $13.80 |
| − Vacancy | −$1.3k | −$0.72 |
| EGI | $24.1k | $13.08 |
| − OpEx | −$7.2k | −$3.92 |
| NOI | $16.9k | $9.16 |
1,840 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$240.7K
$210.6K – $280.8K
NOI $16,850 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$210.7K
$184.4K – $245.9K
NOI $14,752 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$451.6K
$395.1K – $526.8K
NOI $31,609 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
937
Businesses Nearby
Explore this area
Business Placement
Demographics for 44221, OH
29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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 - Duplex income property offered for sale in Cuyahoga Falls on a small lot.
Where is this duplex located?
The property is located at 516-518 Stow Avenue Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Year built: 1910; Wood siding exterior; Forced air heating with central air conditioning
