$75,000

520 Walnut St Salem, OH 44460

Estimated payment $453/month

Total Views 75
2 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Hot Water Heating System
  • Open Lot
  • Forced Air Heating System
  • 1 Car Garage
  • 5-minute walk to McCulloch Park

About This Home

Turnkey Investment Opportunity – Tenant in Place
Excellent opportunity to add a cash-flowing rental to your portfolio! This 2-bedroom, 1-bath home comes with a tenant already in place, providing immediate income from day one.
Currently rented at $650 per month, with tenants paying all utilities, this property offers strong rental fundamentals and low overhead for the owner. With utilities fully tenant-paid, operating expenses remain minimal — helping maximize your return.
The home features a functional layout with a comfortable living area, two bedrooms, one full bath, and practical living space ideal for long-term tenants. Located in a convenient neighborhood near local amenities, schools, and shopping, this property continues to show solid rental appeal.
Whether you're expanding your portfolio or purchasing your first investment property, this is a straightforward, income-producing opportunity.
Contact today for additional financial details.

Listing Agent

Amy Andrews

Howard Hanna Brokerage Email: amyandrews@howardhanna.com, 330-206-5296 License #2019007147 Listed on: 03/03/2026

Howard Hanna

Co-Listing Agent

Ronald Black

Howard Hanna Brokerage Email: amyandrews@howardhanna.com, 330-206-5296 License #2014001379

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1900

Lot Details

  • 3,001 Sq Ft Lot
  • Open Lot
  • Back Yard

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5102238000

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1900

Lot Details

3,001 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: amyandrews@howardhanna.com, 330-206-5296
  • ResoLotFeatures: Back Yard, City Lot, Open Lot
  • Co List Office Phone: 330-702-8400
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Asphalt, Fiberglass
  • Acres: 0.0689
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5102238000
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 804.0

Map

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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
2025 $716 $18,870 $1,820 $17,050
2024 $632 $15,720 $1,510 $14,210
2023 $634 $15,720 $1,510 $14,210
2022 $588 $15,720 $1,510 $14,210
2021 $553 $13,860 $1,960 $11,900
2020 $558 $13,860 $1,960 $11,900
2019 $558 $13,860 $1,960 $11,900
2018 $531 $12,610 $1,790 $10,820
2017 $623 $12,610 $1,790 $10,820
2016 $526 $11,910 $1,440 $10,470
2015 $505 $11,910 $1,440 $10,470
2014 $497 $11,910 $1,440 $10,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2026 03/03/26 For Sale $75,000 -- --
Source: MLS Now (Howard Hanna)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: MLS Now (Howard Hanna)

MLS Number: 5191090

MLS Now (Howard Hanna)

APN: 5102238000

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