Remodeled Triplex with
New
For Sale
$324,000
550-554 Magnolia Avenue, Cuyahoga Falls, OH 44221
ResidentialIncome, Cuyahoga Falls, OH
Property SizeContact for details
Lot Size0.45 Acres
Days on Market7
Property Features for 550-554 Magnolia Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 5, Bedroom 4, Laundry Room, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 3
Parking features
Driveway, Garage
Appliances
Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Subdivision
Tallmadge 01
Elementary school district
Cuyahoga Falls CSD - 7705
Middle school district
Cuyahoga Falls CSD - 7705
High school district
Cuyahoga Falls CSD - 7705
Directions
From Tallmadge Rd., turn onto Magnolia Ave.
Standard status
Active
APN
0216941
Lot size
0.45 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TR 1 SUB 149 KAUFMAN .160A
Tax Annual Amount
2300
Legal Description
TR 1 SUB 149 KAUFMAN .160A
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard, Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1940
Floors in Building
2
Building materials
Stone, VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
Mosholder Realty Inc.
(330) 633-5536
Listed By:
Chelsea Reed · License #2025007630
(330) 696-9227
Added: Sep 17
Changed: Sep 19
Last Checked: Sep 23 at 4:06PM
MLS# 5245660
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This triplex at 550-554 Magnolia Avenue includes three separate residential units and a remodeled main-floor residence with 4 bedrooms and 2 bathrooms. Improvements include a kitchen with granite countertops, updated flooring, and new appliances. The property also provides laundry appliances, central air, natural gas and electric heating systems, a garage, and driveway parking.
The 0.4458-acre property is served by public water and public sewer. Built in 1940, the building features stone and vinyl siding construction with an asphalt and fiberglass roof. Two units have established rental histories, including occupants associated with approximately 12 years and approximately 7 years of tenancy, respectively.
The 0.4458-acre property is served by public water and public sewer. Built in 1940, the building features stone and vinyl siding construction with an asphalt and fiberglass roof. Two units have established rental histories, including occupants associated with approximately 12 years and approximately 7 years of tenancy, respectively.
Key Highlights
- Three separate residential units on a 0.4458‑acre parcel
- Remodeled main‑floor unit with 4 bedrooms and 2 bathrooms
- Updated kitchen with granite countertops and new appliances
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
Demographics for 44221, OH
29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with an updated main-floor residence, separate rental units, and public water and sewer service.
Where is this triplex located?
The property is located at 550-554 Magnolia Avenue Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: Three separate residential units on a 0.4458‑acre parcel; Remodeled main‑floor unit with 4 bedrooms and 2 bathrooms; Updated kitchen with granite countertops and new appliances
