116 Maryland Avenue SW
Canton, OH 44710
- 6 beds
- 4 baths
- – sqft
- 1920 build
- – on site
Investors! Take note of this money maker to add to your portfolio. At a 7.9% cap rate, this one makes sense. There is one parcel being sold and on that parcel you have a SFR home with 3 bedrooms, 1 bath, and a full basement. This home is currently rented for $850. Then, you have an adjacent duplex which recently became occupied with rent on the lower unit of $625 and the upper unit brings in $575. The lower unit has 1 bedroom, enclosed porch, and access to the full basement with laundry hookups. The upper unit has 2 bedrooms but does not have a laundry option. There is also an attached storefront (approx. 1,500 sq.ft.) which would make a great office space/storage unit and features 2 floors, half bath, and a garage door on one side for storing larger items. In the past, this was used as an office on the second floor and storage on the first floor. All of the hard work is done as the current owner recently rented all 3 units and they are all M2M. The annual income does not include the storefront which makes the investment even more appealing. The tenants pay all utilities. Owner takes care of the lawn, taxes, insurance, and any repairs. Across the street from the SFR, there is ample parking. The SFR has its own parking and there is more on the north side of the storefront if needed. What a great opportunity!
Last checked:
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Last updated Apr 17, 2025
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MLS# 5115156 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1920
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Year Built Source:PublicRecords
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Construction Materials:WoodSiding
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Levels:Two
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:Full,Unfinished
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Basement:true
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# of Buildings:3
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Stories Total:2
Room Dimensions
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Living Area Units:SquareFeet
Location
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Directions:Turn left onto Tuscarawas St W and Turn right onto Maryland Ave SW.
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Latitude:40.797706
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Longitude:-81.409853
The Property
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Parcel Number:00245386
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Lot Features:CornerLot
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Lot Size Acres:0.0746
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Lot Size Area:0.0746
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (330) 681-6090
- Office phone:
- (866) 212-4991
Taxes
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Tax Year:2024
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Tax Legal Description:12857-11.38 X 50'SWC;12858-50'SE
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Tax Annual Amount:$1,275
Beds
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Bedrooms Total:6
Baths
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Total Baths:4
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Full Baths:3
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Half Baths:1
The Listing
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Listing Terms:Cash,Conventional
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/116-Maryland-Avenue-SW-Canton-OH-44710--5115156/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Range,Refrigerator
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Laundry Features:InBasement,None
Schools
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Elementary School District:Canton CSD - 7602
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Middle School District:Canton CSD - 7602
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High School District:Canton CSD - 7602
The Community
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Subdivision Name:Described Follows
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:AdditionalParking,AlleyAccess,OffStreet,Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/16/25
Apr 16, 2025
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Listed / Active | MLS_NOW | $139,900 | |
10/3/23
Oct 3, 2023
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Price Changed | MLS_NOW | ||
9/10/23
Sep 10, 2023
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Relisted | MLS_NOW |