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    399 N Thomas Rd Tallmadge, OH 44278

    For Sale
    $205,000

    MULTI_FAMILY - Tallmadge, OH

    Property size:
    1,576 SF
    Lot size:
    0.96 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 399 N Thomas Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 4, Laundry Room, Basement, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 2
    Bedrooms
    5
    Bathrooms
    4
    APN
    6005811
    Parking features
    Driveway, Parking Lot
    Appliances
    Microwave, Range
    Size
    1,576 SF
    Lot size
    0.96 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1948
    Floors in Building
    3
    Building materials
    AluminumSiding, Brick
    Roof type
    Asphalt, Fiberglass

    HomeSmart Real Estate Momentum (440) 537-3949 [email protected]

    Listing agent Austin Assad (330) 541-6918 License #2020005904

    Listing date Nov 18, 2025

    MLS# 5134444 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tallmadge Multi-Unit Investment Opportunity

    This multi-family property in Tallmadge, Ohio, features a four-unit configuration on a 0.96-acre lot. The property includes a one-bedroom, one-bathroom house and a triplex. The house is currently rented for $625 per month. The triplex consists of a two-bedroom, one-bathroom unit with a potential rent of $1200 per month, a studio rented for $650 per month, and a one-bedroom, one-bathroom unit rented for $965 per month. All tenants are on month-to-month leases. The property has been maintained with updates including a new water heater installed in 2024, two new roofs, and a five-year-old furnace. The owner manages the property and bills back water, gas, and electric for the house, while covering all utilities for the triplex. The property size is 1576 square feet. The property is located in Summit County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallmadge
    County
    Summit
    State
    Ohio
    Longitude
    -81.46262
    Latitude
    41.112662

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property on 0.96 acres with income potential.
    Where is this quadplex located?
    The property is located at 399 N Thomas Rd Tallmadge, OH.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: - Four-unit investment property with strong projected gross rental income (over $40,000).; - Located in a peaceful, highly sought-after area of Tallmadge.; - Property includes both a single-family house and a triplex on 1.6 acres.
    (330) 541-6918
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    399 N Thomas Rd Tallmadge, OH 44278
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    Tallmadge, OH 44278
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    399 N Thomas Rd Tallmadge, OH 44278
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