822 Marion Avenue SWCanton, OH 44707

822 Marion Avenue SWCanton, OH 44707

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$137,000 Active
Multi Unit - Multiple MLS 5229296
3 beds 3 full baths 2,288 sqft

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: CliffLouis@kw.com, 203-554-9020

Shown By

Agency Title: Cutler Real Estate
Agency Phone:

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Property Description

Excellent opportunity to acquire a 3-unit colonial in Canton with tremendous upside for the savvy investor. Each unit features 2 bedrooms and 1 full bathroom, making this an attractive rental property with strong long-term income potential. One unit is currently occupied and leased at $1,050 per month to a tenant who would like to remain. The other unit is rented for $485 (inherited tenants and have not changed their rents) the third upstairs unit is vacant. Both sets of tenants would like to stay. While they require some TLC and cosmetic improvements, they present the chance to significantly increase rental income and maximize the property's earning potential. The property is professionally managed, making the transition seamless for the next owner. Whether you're looking to expand your portfolio or complete your next value-add project, this triplex offers the opportunity to build equity while creating a strong performing asset. NO WHOLESALERS.** Wholesale offers will not be considered. NO ASSIGNMENT CONTRACTS PROOF OF FUNDS IS REQUIRED Offers submitted without verifiable proof of funds will not be reviewed or considered. Earnest money will NOT be delayed pending inspections, due diligence, or contingency periods. Failure to timely deposit earnest money may result in the seller declaring the buyer in default. Seller reserves the right to reject any offer that does not comply with these terms. Seller is interested in selling 16902 Endora Road, Cleveland & 115121 Temblett (To be listed) along with 822 Marion, please reach out to the listing agents for details. Serious, qualified investors only

822 Marion Avenue SW | MLS# 5229296

This multi-family property located at 822 Marion Avenue SW, Canton, OH 44707 is currently listed for sale with an asking price of $137,000. Marion Avenue SW is located within the Canton City school district. Search Canton real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Days on Market: 27
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,250 / year
Year Built: 1870

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 00227325
Parking: Unpaved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Canton City

Demographics

Stark County Demographic Information for 822 Marion Avenue SW, Canton, OH 44707
Fips
Fips Code 39151
Population
2020 to 2025 Change down 0.3%
2010 Count 375,586
2020 Count 374,853
2025 Estimate (V2025) 373,771
2020 Estimate (V2025) 374,864
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 21.3%
18 to 64 52.1%
65 and Older 21.4%
Gender
Male 48.9%
Female 51.1%
Place of Birth
Foreign 2.2%
US 97.8%
Education
High School Graduate, Age 25+ 93.2%
Bachelor's Degree or Higher, Age 25+ 25.9%
Computer and Internet use
Households with a computer 94.1%
Households with a broadband Internet subscription 87.4%
Language
English is Second Language, Age 5+ 3.1%
English is First Language, Age 5+ 96.9%
Veterans
Veterans 20,943
Income
Per Capita Income $36,762
Median Household Income $67,934
People in Poverty 12.4%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 167,998
Households 155,955
Average Household Size 2.35
Owner-Occupied 69.2%
Multi-Family 20.0%
Owner-Occupied Median Value $186,400
Median selected monthly owner costs -with a mortgage $1,336
Median selected monthly owner costs -without a mortgage $516
Median gross rent $909
Building Permits
New Private Housing Issued 2024 528
Years at Residence
1 Year or More 90.4%
Less Than 1 Year 9.6%
Business and Employment
Private non-farm Establishments 8,181
Private non-farm Employment 139,706
Private non-farm Employment Growth down 2.9%
Nonemployer Establishments 28,377
Number of Firms 6,052
Business Production
Value of Shipments $11,181,630,000
Wholesale Trade $3,874,927,000
Retail Trade $5,377,131,000
Retail Sales Per Capita $14,219
Accommodation and Food Services $745,822,000
Land
Land Area 575.27 sq. miles
Population Per Square Mile 653

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 845.91 per month $701.78 Principal & Interest $104.17 Property Tax $39.96 Homeowner's Insurance

Change Payment Information

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