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3-Unit Multifamily Property
For Sale
$307,000

8218 Park Avenue, Garrettsville, OH 44231

ResidentialIncome, Garrettsville, OH

Property SizeContact for details
Lot Size0.20 Acres
Days on Market32

Property Features for 8218 Park Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 1, Bedroom 4, Basement, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1
Parking features Off Street, Garage, Driveway
Appliances Dryer, Range, Refrigerator, Washer
Subdivision Garfield
Elementary school district James A Garfield LSD - 6704
Middle school district James A Garfield LSD - 6704
High school district James A Garfield LSD - 6704
Directions State Route 82 To Main street. Left on Center Street. Left on Park Avenue--No Signs
Standard status Active
APN 19-001-00-00-101-000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description DIV N LOT 46 WHOLE F 64 Number #1 Parcel.... taxes pr yr.= $1544.02 #2 taxes pr yr. $ 27.74 #3 taxes pr yr. $38.28 Total taxes for three parcels is $1610
Tax Annual Amount 1610
Legal Description DIV N LOT 46 WHOLE F 64 Number #1 Parcel.... taxes pr yr.= $1544.02 #2 taxes pr yr. $ 27.74 #3 taxes pr yr. $38.28 Total taxes for three parcels is $1610

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1900
Floors in Building 2
Building materials AluminumSiding
Roof type Fiberglass, Asphalt
Listing Agency: MB Realty Group
Listed By: Dolores McCumbers · License #224595
Added: Jul 24 Changed: Aug 20 Last Checked: Aug 24 at 4:06AM
MLS# 5230808

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 three-unit residential income property at 8218 Park Avenue includes three apartments, a basement, garage, driveway, and additional off-street parking. The 1900 building has aluminum siding, baseboard heat, window-unit cooling, a fiberglass and asphalt roof, and public water and sewer. Appliances include ranges, refrigerators, washers, and dryers.

The property sits across from the YMCA and near a pickleball court in Garrettsville, Ohio. Tenants pay all utilities, while the owner handles lawn mowing and snow blowing. The offering also includes two additional lots and is located within the JAGarfield school district.

Key Highlights

  • Three apartments are fully rented
  • Tenants pay all utilities; owner handles lawn mowing and snow blowing
  • Two additional lots included with the property

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Skin Care Clinic Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby

Demographics for 44231, OH

8,398
Population
3,253
Households
2.6
Avg Household Size
41
Median Age
21%
College-Educated
86%
High-School Grad
48.9 sq mi
ZIP Area
172
Density / Sq Mi
$85,455
Median Household Income
$39,434
Median Earnings
$909
Median Rent
$204,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully leased apartments with a basement, garage, off-street parking, and tenant-paid utilities.
Where is this triplex located?
The property is located at 8218 Park Avenue Garrettsville, OH.
What is the asking price?
The asking price for this property is $307,000.
What are key features of this property?
This property features: Three apartments are fully rented; Tenants pay all utilities; owner handles lawn mowing and snow blowing; Two additional lots included with the property
More about this property
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