$339,000
$26K PRICE DROP

401 N Main St Polk, OH 44866

Estimated payment $1,997/month

Total Views 9,396
4 Beds
3 Baths
3,152 Sq Ft
$108 Price per Sq Ft

Highlights

  • Deck
  • Forced Air Heating System
  • Baseboard Heating

About This Home

Incredible investment opportunity! This mixed-use building features a fully remodeled (2021) commercial convenience store on the main level with updated plumbing, electric, flooring, bathrooms, and office. Two beautifully updated residential apartments (2024) offer modern finishes, new plumbing/electrical, drywall, flooring, and washer/dryer hookups. Apt A is on the first floor; Apt B on the second floor. Bonus: potential to add a 900 sq ft apartment with buildout. Strong rent rolls make this a must-see!

Listing Agent

Tiffany Meyer

Howard Hanna Ashland Brokerage Phone: 4192892600 License #BRKA.2003001269 Listed on: 04/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1901

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 42 x 160

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 3,152 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, trash collection
  • Tax Lot R=68 Lot 122
  • Assessor Parcel Number D140680014002
  • $6 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • New Taxes Expense $1,294
  • Gross Income $2,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,294

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Lot Size: 42 x 160
  • Directions: St Rt 42 to north on St Rt 89 property on left in Polk
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1901
  • Attribution Contact: 4192892600
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Unit 1 Range, Unit 2 Range, Unit 1 Refrigerator, Unit 2 Refrigerator
  • Owner Pays: Water, Trash Collection
  • Has Basement: Partial
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Living Area: 3152

Exterior Features

  • Disclosures: Property Disclosure, Lead Based Paint Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Concrete, Stone
  • Total Parking Spaces: 4

Utilities

  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Ohio Edison/First Energy
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 1200

Schools

  • Junior High Dist: Mapleton

Lot Info

  • Lot Size Sq Ft: 6534
  • Farm Land Area Units: Square Feet
  • Parcel #: D140680014002
  • Zoning Description: City/Village

Rental Info

  • Lease Term: Unit 1 Lease Length(M To M),Unit 2 Lease Length(M To M),Unit 3 Lease Length(1 Year)
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 2575
  • Number Of Units Vacant: 6
  • Total Actual Rent: 30900

Tax Info

  • New Taxes Expense: 1294.26
  • Tax Lot: R=68 Lot 122
  • Tax Other Annual Assessment Amount: 6

Map

Range of Values:

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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 $1,294 $28,990 $2,110 $26,880
2023 $1,294 $28,990 $2,110 $26,880
2022 $1,274 $27,610 $2,010 $25,600
2021 $1,293 $27,610 $2,010 $25,600
2020 $1,223 $27,610 $2,010 $25,600
2019 $1,291 $27,250 $2,310 $24,940
2018 $1,344 $27,250 $2,310 $24,940
2017 $1,362 $27,250 $2,310 $24,940
2016 $1,362 $27,250 $2,310 $24,940
2015 $1,354 $27,250 $2,310 $24,940
2013 $1,008 $21,440 $2,200 $19,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $339,000 -7.1% $108 / Sq Ft
04/10/2025 04/10/25 For Sale $365,000 -- $116 / Sq Ft
Source: Ashland Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $180,000 Attorney Only
Grant Deed -- --
Deed $95,000 --
Deed $8,000 --
Source: Public Records

Source: Ashland Board of REALTORS®

MLS Number: 229303

APN: D14-068-0-0140-02

Ohio Ashland County Polk 44866

401 N Main St, Polk, OH

This home is located at 401 N Main St, Polk, OH 44866 and is currently priced at $339,000, approximately $107 per square foot. This property was built in 1901. 401 N Main St is a home located in Ashland County with nearby schools including Mapleton Elementary School, Mapleton Middle School, and Mapleton High School.

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Tiffany Meyer
Listing Agent
Tiffany Meyer
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Howard Hanna Ashland
(419) 910-2845