116 Maryland Ave SW Canton, OH 44710
Souers NeighborhoodEstimated payment $824/month
Total Views
999
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
EXP Realty, LLC. Brokerage Email: amy@soldbywengerd.com, 330-681-6090 License #436224 Listed on: 07/30/2025
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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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
Similar Homes in Canton, OH
Source: MLS Now
MLS Number: 5144279
APN: 00245386
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