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Tallmadge, OH Multifamily Home for Sale

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    $205,000

    • 5 Beds
    • 4 Baths
    • 1,576 Sq Ft

    399 N Thomas Rd, Tallmadge, OH 44278

    4-unit investment property, gross projected rent over $40,000 in a peaceful, highly sought-after area of Tallmadge. The two home property is situated on 1.6 acres; featuring a 1 bed / 1 bath house and a triplex.At full occupancy, this property is an amazing ash-flowing investment with room to grow.The rental breakdown includes a 1 bed, 1 bath house rented for $625/month; a 2 bed,

    Austin Assad HomeSmart Real Estate Momentum LLC

    399 N Thomas Rd, Tallmadge, OH 44278

Why Live in Tallmadge

Tallmadge, Ohio, is a small city just outside Akron, known for its historic eight-point traffic circle that serves as a hub for shopping, dining, public services, and community events. The Circle Festival and Light Parade in August is a major attraction, drawing thousands for a parade and fireworks show. Tallmadge features a mix of home styles including bungalows, ranch styles, bi-levels, and contemporary designs, with prices ranging from $140,000 to $550,000. The Tallmadge City School District is highly rated, boasting above-average math and reading proficiency scores and a 97% graduation rate. The city offers access to Munroe Falls Metro Park and Goodyear Heights Metro Park, providing ample opportunities for hiking, sports, and fishing. Summit Metro Parks Freedom Trail connects Tallmadge to downtown Akron. Tallmadge Circle is lined with fast-food joints and local restaurants, while shopping centers with big-box retailers are located east and west of the city. Entertainment includes a free summertime concert series on the Circle and the annual Summit County Fair. Commuters travel about 7 miles southwest to Akron via Interstate 76, with Akron-Canton Airport 17 miles south and Cleveland Hopkins International Airport 42 miles northwest. Tallmadge has nearly two dozen houses of worship and a variety of healthcare facilities. Crime rates in Tallmadge have dropped in the past five years, making it safer than the national average.

Home Trends in Tallmadge, OH

Housing Trends

Median Sale Price
$460,800
Median Single Family Sale Price
$489,065
Median 2 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$160
Number of Homes for Sale
2
Last 12 months Home Sales
42
Months of Supply
0.60
Median List Price
$456,670
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-2%
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