822 Marion Avenue Sw, Canton, OH 44707 - $137,000

  • Beds: 3
  • Baths: 3 full
  • Sq. Feet: 2,288
  • Days on Site: 7
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822 Marion Avenue Sw, Canton, OH 44707
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Comments for 822 Marion Avenue Sw, Canton, OH 44707

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, providing immediate cash flow. The remaining two units are vacant and offer an excellent value-add opportunity. 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. SELLER REQUIREMENTS PLEASE READ CAREFULLY * **NO WHOLESALERS.** Wholesale offers will not be considered. * **NO ASSIGNMENT CONTRACTS.** The purchase contract may not be assigned, transferred, or otherwise conveyed to another party during the contract period. The buyer submitting the offer must be the buyer who closes. * **PROOF OF FUNDS IS REQUIRED** with every offer. Offers submitted without verifiable proof of funds will not be reviewed or considered. * **EARNEST MONEY MUST BE DEPOSITED WITHIN THREE (3) CALENDAR DAYS OF FULLY EXECUTED CONTRACT ACCEPTANCE.** 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. **Serious, qualified investors only.**

$137,000

Estimated Monthly Payment: $449.03 (including taxes & insurance estimates)

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Property Details

City: CantonProperty Type: Multi Unit - Multiple
Subdivision: CantonLot Size: 0.11 Acres
School District: Canton CityBedrooms: 3
Taxes: $1,250Bathrooms: 3 full
Status: ActiveSquare Feet: 2288
Year Built: 1870MLS#: 5229296

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Property Features

Property Type: Multi Unit - MultipleParcel#: 00227325
Basement: YesParking: Unpaved
Basement: Full, UnfinishedRoof Type: Asphalt, Fiberglass
Cooling: NoneSewer: Public Sewer
Days on Site: 7Stories: 2.0
Exterior: Aluminum Siding, Vinyl SidingTaxes: $1,250
Heating: Forced AirWater: Public
Lot Size: 0.11 AcresYear Built: 1870

School Information

School District: Canton City

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: 555-555-5555

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  • Demographics
  • Walk Score

Stark County Demographic Information

Fips
Fips Code39151
Population
2020 to 2025 Changedown 0.3%
2010 Count375,586
2020 Count374,853
2025 Estimate (V2025)373,771
2020 Estimate (V2025)374,864
Age Distribution (Years Old)
0 to 45.2%
5 to 1721.3%
18 to 6452.1%
65 and Older21.4%
Gender
Male48.9%
Female51.1%
Place of Birth
Foreign2.2%
US97.8%
Education
High School Graduate, Age 25+93.2%
Bachelor's Degree or Higher, Age 25+25.9%
Computer and Internet use
Households with a computer94.1%
Households with a broadband Internet subscription87.4%
Language
English is Second Language, Age 5+3.1%
English is First Language, Age 5+96.9%
Veterans
Veterans20,943
Income
Per Capita Income$36,762
Median Household Income$67,934
People in Poverty12.4%
Commute
Average Work Commute Time22 minutes
Housing
Total Housing Units167,998
Households155,955
Average Household Size2.35
Owner-Occupied69.2%
Multi-Family20.0%
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 2024528
Years at Residence
1 Year or More90.4%
Less Than 1 Year9.6%
Business and Employment
Private non-farm Establishments8,181
Private non-farm Employment139,706
Private non-farm Employment Growthdown 2.9%
Nonemployer Establishments28,377
Number of Firms6,052
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 Area575.27 sq. miles
Population Per Square Mile653

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