$129,900
PENDING

116 Maryland Ave SW Canton, OH 44710

Souers Neighborhood

Estimated payment $798/month

Total Views 9,576
6 Beds
3.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Wood Siding

About This Home

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!

Listing Agent

Amy Wengerd

EXP Realty, LLC. Brokerage Email: amy@soldbywengerd.com, 330-681-6090 License #436224 Listed on: 07/30/2025

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1920

Lot Details

  • 3,250 Sq Ft Lot
  • Corner Lot

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Alley Access
  • Additional Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Described Follows Subdivision
  • No Laundry Facilities
  • Operating Expense $7,000

Listing and Financial Details

  • The owner pays for exterior maintenance, insurance, taxes
  • Assessor Parcel Number 00245386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,275

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1920
  • Attribution Contact: amy@soldbywengerd.com, 330-681-6090
  • ResoLotFeatures: Corner Lot
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Described Follows
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0746
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Alley Access, Off Street, Other

Utilities

  • LaundryFeatures: In Basement, None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Canton CSD - 7602

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 00245386

Rental Info

  • Owner Pays: Exterior Maintenance, Insurance, Taxes
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 24600.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 1275.0

Map

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $22,820 $6,300 $16,520
2023 $1,478 $19,010 $5,250 $13,760
2022 $1,445 $19,010 $5,250 $13,760
2021 $1,393 $19,010 $5,250 $13,760
2020 $1,352 $18,100 $5,010 $13,090
2019 $1,269 $18,130 $5,010 $13,120
2018 $1,282 $18,130 $5,010 $13,120
2017 $1,174 $14,300 $3,050 $11,250
2016 $1,190 $14,300 $3,050 $11,250
2015 $1,196 $14,300 $3,050 $11,250
2014 $1,246 $13,640 $2,910 $10,730
2013 $609 $13,640 $2,910 $10,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Pending -- -- --
07/30/2025 07/30/25 For Sale $129,900 +97.1% --
06/01/2021 06/01/21 Sold $65,900 0.0% $19 / Sq Ft
05/04/2021 05/04/21 Off Market $65,900 -- --
05/04/2021 05/04/21 Pending -- -- --
12/30/2020 12/30/20 Price Changed $69,900 -11.0% $20 / Sq Ft
09/21/2020 09/21/20 For Sale $78,500 -- $23 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $65,900 None Available
Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $29,000 Commercial
Source: Public Records

Source: MLS Now

MLS Number: 5144279

MLS Now

APN: 00245386