2406 S Union Ave Alliance, OH 44601
Estimated payment $2,006/month
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating and Cooling System
About This Home
The anchor property of a unique and profitable 3-property investment portfolio! This mixed-use building offers both residential and commercial income streams, creating a rare opportunity for strong, diversified cash flow. The front portion of the building features a 4-bedroom, 2-bath residential unit currently leased to college tenants. The rear section is a two-level commercial salon occupied by long-term tenants offering hair, nail, and massage services — providing stability and consistent weekly & monthly income. The layout and design of this property make it ideal for continued use as a mixed-use income producer, and the existing tenants create a seamless transition for the next owner. All three portfolio properties sit on the same block and share a large parking lot, providing ample parking and easy management for both residential and commercial tenants. The location is unbeatable — close to campus, shopping, dining, and major roadways — ensuring continued high demand and reliable occupancy. Perfect for investors seeking a proven performer or a 1031 exchange opportunity.
Listing Agent
Keller Williams Legacy Group Realty Brokerage Email: Justin@JCSells.com, 330-705-3640 License #2015004696 Listed on: 10/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,968
Year Built
- Built in 1941
Lot Details
- 5,031 Sq Ft Lot
Home Design
- Traditional Architecture
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,394 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Parking
- Gravel Driveway
- On-Site Parking
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Alliance Subdivision
Listing and Financial Details
- Assessor Parcel Number 00103005
Map
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 |
|---|---|---|---|---|
| 2025 | $4,583 | $94,580 | $6,340 | $88,240 |
| 2024 | -- | $94,580 | $6,340 | $88,240 |
| 2023 | $1,649 | $31,120 | $5,670 | $25,450 |
| 2022 | $1,665 | $31,120 | $5,670 | $25,450 |
| 2021 | $1,657 | $31,120 | $5,670 | $25,450 |
| 2020 | $1,701 | $29,610 | $5,390 | $24,220 |
| 2019 | $1,539 | $29,620 | $5,390 | $24,230 |
| 2018 | $1,640 | $29,620 | $5,390 | $24,230 |
| 2017 | $1,784 | $31,200 | $4,940 | $26,260 |
| 2016 | $1,795 | $31,200 | $4,940 | $26,260 |
| 2015 | $1,808 | $31,200 | $4,940 | $26,260 |
| 2014 | $1,771 | $29,970 | $4,730 | $25,240 |
| 2013 | $878 | $29,970 | $4,730 | $25,240 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $320,000 | -- | $230 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Land Contract | $415,000 | None Available | |
| Deed | -- | -- | |
| Deed | $118,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Land Contract Argmt. Of Sale | |
| Closed | -- | No Value Available |
Source: MLS Now
MLS Number: 5168713
APN: 00103005
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