1921-1929 Ritchie RoadStow, OH 44224

1921-1929 Ritchie RoadStow, OH 44224

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$750,000 Active
Multi Unit - Multiple MLS 5194489 New to the Market
8 beds 4 full baths 4,440 sqft
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Listed By

Agency Name: Ohio Broker Direct
Agency Contact: 614-989-7215, joan@ohiobrokerdirect.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Incredible investment opportunity featuring two well-maintained duplexes on a single parcel, offering a total of four ranch-style units. Each unit includes 2 bedrooms, 1 full bath, an open great-room layout with kitchen, and a dedicated laundry room. All units are built on slabs with no basements, providing low-maintenance living that appeals to tenants. The property sits on approximately one acre and includes an attached garage for every unit. Located in a desirable rental market with an excellent occupancy history, this property presents a rare chance to acquire a stable, income-producing asset with strong long-term potential.

1921-1929 Ritchie Road | MLS# 5194489

This multi-family property located at 1921-1929 Ritchie Road, Stow, OH 44224 is currently listed for sale with an asking price of $750,000. 1921-1929 Ritchie Road is located within the Stow-Munroe Falls CS - 7714 school district. Search Stow real estate on 542snivelyavenuenw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 1
Garage: 4 car attached
Heating: Forced Air
Lot Size: 0.99 Acres
Roof Type: Asphalt, Fiberglass
Stories: 1.0
Taxes: $10,250 / year
Year Built: 1997

Amenities

Breakfast Bar
Laminate Counters
Vaulted Ceiling(s)
Lighting

Feature Descriptions

Appliances: Dishwasher, Disposal, Range, Refrigerator
Exterior: Vinyl Siding
Fencing: Vinyl
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Tub, In Unit, Sink
Lot: Corner Lot, Flat, Level, Many Trees
Parcel#: 5604904
Parking: Attached, Direct Access, Garage, Garage Door Opener, Garage Faces Side
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Window: Blinds, Double Pane Windows

Local Schools

School District: Stow-Munroe Falls CS - 7714

Demographics

Summit County Demographic Information for 1921-1929 Ritchie Road, Stow, OH 44224
Fips
Fips Code 39153
Population
2020 to 2023 Change down 0.9%
2010 Count 541,781
2020 Count 540,428
2023 Estimate (V2023) 535,733
2020 Estimate (V2023) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.5%
18 to 64 54.6%
65 and Older 19.7%
Gender
Male 48.8%
Female 51.2%
Place of Birth
Foreign 5.5%
US 94.5%
Education
High School Graduate, Age 25+ 92.5%
Bachelor's Degree or Higher, Age 25+ 34.6%
Computer and Internet use
Households with a computer 93.6%
Households with a broadband Internet subscription 89.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 27,960
Income
Per Capita Income $40,786
Median Household Income $68,360
People in Poverty 12.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 228,635
Average Household Size 2.32
Owner-Occupied 66.9%
Multi-Family 22.4%
Owner-Occupied Median Value $182,500
Median selected monthly owner costs -with a mortgage $1,405
Median selected monthly owner costs -without a mortgage $562
Median gross rent $956
Building Permits
New Private Housing Issued 2023 685
Years at Residence
1 Year or More 87.9%
Less Than 1 Year 12.1%
Business and Employment
Private non-farm Establishments 13,393
Private non-farm Employment 241,278
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 42,765
Number of Firms 48,524
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 4,732.17 per month $3,659.25 Principal & Interest $854.17 Property Tax $218.75 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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