$84,900
PENDING

462 Ash Ave Salem, OH 44460

Estimated payment $525/month

Total Views 16,361
4 Beds
2 Baths
1,680 Sq Ft
$51 Price per Sq Ft

Highlights

  • High Ceiling
  • Wood Frame Window
  • Tile Countertops
  • Neighborhood Views
  • Double Pane Windows
  • 1-minute walk to Kelley Park

About This Home

This well-maintained income property has a solid rental history with no vacancy issues. A great addition to any investor's portfolio, this property offers strong rental potential and dependable tenants - the current tenant would love to stay! Key Features: new metal roof installed in 2025 for long-term durability, two newer furnaces installed in 2022 - efficient and reliable, separate utilities - tenants cover their own usage, new gas risers for added safety and compliance, appliances are tenant-owned - minimizing landlord responsibility.

Listing Agent

Rhesa Toth

Cutler Real Estate Brokerage Email: rtoth@cutlerhomes.com, 330-323-2432 License #391768 Listed on: 07/18/2025

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1900

Lot Details

  • 7,501 Sq Ft Lot
  • Street terminates at a dead end
  • West Facing Home
  • Lot Sloped Down
  • Few Trees
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Fixer Upper
  • Frame Construction
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Wood Frame Window
  • Storage
  • Laundry in unit
  • Neighborhood Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Tile Countertops
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for insurance, taxes, trash collection
  • Assessor Parcel Number 5101352000

Community Details

Amenities

  • Public Transportation

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$866

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: rtoth@cutlerhomes.com, 330-323-2432
  • ResoLotFeatures: < 1/2 Acre, Back Yard, City Lot, Dead End, Sloped Down, Front Yard, Few Trees
  • Reso View: Neighborhood
  • ResoSecurityFeatures: Smoke Detector(s)
  • Above Grade Finished Sq Ft: 1680.0
  • Reso Accessibility Features: None
  • Carport Y N: No
  • Garage Yn: No
  • Reso Interior Features: High Ceilings, Laminate Counters, Storage, Tile Counters
  • Unit Levels: Three Or More, Two
  • Reso Property Condition: Fixer
  • ResoWindowFeatures: Double Pane Windows, Wood Frames
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Interior Entry, Other, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Exterior Features: Lighting
  • Roof: Asphalt, Metal
  • Fencing: None
  • Acres: 0.1722
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Frame
  • Direction Faces: West

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, In Kitchen, Main Level, In Unit
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Park, Public Transportation

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5101352000

Rental Info

  • Owner Pays: Insurance, Taxes, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Water

Multi Family

  • Gross Income: 12600.0

Tax Info

  • Tax Annual Amount: 866.0

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 $866 $21,530 $3,150 $18,380
2023 $869 $21,530 $3,150 $18,380
2022 $805 $21,530 $3,150 $18,380
2021 $798 $19,990 $4,620 $15,370
2020 $804 $19,990 $4,620 $15,370
2019 $804 $19,990 $4,620 $15,370
2018 $765 $18,170 $4,200 $13,970
2017 $764 $18,170 $4,200 $13,970
2016 $776 $18,280 $3,750 $14,530
2015 $776 $18,280 $3,750 $14,530
2014 $763 $18,280 $3,750 $14,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $84,900 -- $51 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Limited Warranty Deed $47,000 Rels Title
Quit Claim Deed -- Rels Title
Sheriffs Deed $20,000 --
Warranty Deed $60,000 Union Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $42,300 Purchase Money Mortgage
Previous Owner $59,529 FHA
Source: Public Records

Source: MLS Now

MLS Number: 5141160

MLS Now

APN: 5101352000