318 N Pardee St Wadsworth, OH 44281
Wadsworth AreaEstimated payment $1,647/month
About This Home
This well maintained triplex presents an outstanding investment opportunity in the heart of Wadsworth, offering immediate rental income and long term value. The property features 3 self contained residential units, each with a private full bathroom, making it attractive to investors and owner occupants seeking supplemental income. The unit mix includes a studio apartment, a one bedroom apartment, and a spacious two bedroom apartment, appealing to a broad tenant base. Shared laundry facilities in the basement add convenience, while 6 dedicated off street parking spaces provide a valuable amenity. Multiple income streams help reduce vacancy risk and support stable cash flow. Whether expanding a multifamily portfolio or purchasing a first investment property, this triplex offers strong rental demand and income producing potential. Located in Medina County, Wadsworth is one of Northeast Ohio's most desirable communities, known for its small town charm, strong economy, and convenient access to major employment centers. Situated approximately 30 minutes from Cleveland and Akron, the city attracts residents seeking a high quality lifestyle with easy accessibility. Strong schools and community amenities continue to support long term market stability. It is located just minutes from downtown Wadsworth, near restaurants, shopping, professional services, and entertainment. The historic downtown district, centered around Broad Street and the public square, features locally owned businesses, farmers markets, seasonal festivals, and community events throughout the year. Residents also enjoy access to local parks and the Wadsworth Community Center. The highly regarded Wadsworth City School District further enhances the area's appeal. Combining a prime location, diversified rental income, desirable amenities, and access to one of Medina County's strongest communities, this property represents an excellent opportunity for investors and owner occupants alike.
Listing Agent
Ohio Broker Direct Brokerage Email: 614-989-7215, joan@ohiobrokerdirect.com License #386319 Listed on: 08/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,667
Year Built
- Built in 1900 | Remodeled
Lot Details
- 5,306 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Triplex
- Fiberglass Roof
- Asphalt Roof
- Stone Siding
Interior Spaces
- 2,124 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
- Basement Storage
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- City/Wadsworth Subdivision
Listing and Financial Details
- The owner pays for all utilities, electricity, gas, grounds care, insurance, sewer, trash collection, water
- Assessor Parcel Number 040-20A-12-284
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,667 | $43,020 | $12,780 | $30,240 |
| 2024 | $1,667 | $40,120 | $12,470 | $27,650 |
| 2023 | $1,805 | $40,120 | $12,470 | $27,650 |
| 2022 | $1,808 | $40,120 | $12,470 | $27,650 |
| 2021 | $1,688 | $32,100 | $9,980 | $22,120 |
| 2020 | $1,490 | $32,100 | $9,980 | $22,120 |
| 2019 | $1,492 | $32,100 | $9,980 | $22,120 |
| 2018 | $1,426 | $28,790 | $10,780 | $18,010 |
| 2017 | $1,426 | $28,790 | $10,780 | $18,010 |
| 2016 | $1,450 | $28,790 | $10,780 | $18,010 |
| 2015 | $1,395 | $26,410 | $9,890 | $16,520 |
| 2014 | $1,418 | $26,410 | $9,890 | $16,520 |
| 2013 | $1,420 | $26,410 | $9,890 | $16,520 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2026 08/10/26 | For Sale | $275,000 | -- | $129 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | $93,700 | -- | |
| Deed | -- | -- | |
| Survivorship Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $68,726 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $91,160 | FHA | |
| Previous Owner | $92,479 | FHA |
Source: MLS Now
MLS Number: 5234948
APN: 040-20A-12-284
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