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Triplex with Loft Residence
New
For Sale
$299,900

126 Avis Avenue NW, Massillon, OH 44646

ResidentialIncome, Massillon, OH

Property Size2,056 SF
Lot Size0.11 Acres
Price / SF$145.87
Days on Market3

Property Features for 126 Avis Avenue NW

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 4, Basement, Laundry Room, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3
Parking features Driveway, Garage, Open
Interior features CeilingFans, CathedralCeilings, EatInKitchen, OpenFloorplan
Exterior features PrivateEntrance, PrivateYard
Fencing Fenced, Privacy
Fireplace 1
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Lot features Back Yard
Elementary school district Perry LSD Stark- 7614
Middle school district Perry LSD Stark- 7614
High school district Perry LSD Stark- 7614
Directions Lincoln Way E to Avis Ave. NW
Standard status Active
APN 04305849
Size 2,056 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities gas, electricity

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2710

Utilities

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

Building Details

Year built 1920
Floors in Building 2
Building materials VinylSiding
Roof type Fiberglass, Asphalt
Listing Agency: Keller Williams Chervenic Rlty · Keller Williams Realty
Listed By: Darlene Hall · License #337861
Added: Oct 28 Changed: Oct 30 Last Checked: Oct 30 at 2:06PM
MLS# 5256037

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.

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Investment Insights

Based on property information with market context.

This 2,056-square-foot triplex, built in 1920, comprises a residence in the front building, a basement apartment, and a one-bedroom loft-style home at the rear, attached to the garage. The rear unit has a two-story great room with a fireplace and skylights, plus a full basement with laundry and storage. The property also has separate gas and electric meters, central air, and a concrete driveway. Its roof dates to 2008, and the lot measures 40 by 123 feet, or 0.112 acres.

The front units are occupied by tenants on month-to-month terms; the rear residence is owner-occupied. Located at 126 Avis Avenue NW in Massillon, the property has public water and sewer service, privacy fencing, and vinyl siding.

Key Highlights

  • Three units: front residence, basement apartment, and one‑bedroom rear loft home
  • 2,056 square feet on a 0.112‑acre lot measuring 40 by 123 feet
  • Rear residence has a two‑story great room, fireplace, skylights, and full basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,198
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,960 $344.0K
Cap Rate 7%
$245,686 $245.7K
Cap Rate 9%
$191,089 $191.1K
Market Conditions
NOI Build-Up for 2,056 SF
Gross rent
$25.4K $12.36/SF
− Vacancy
−$844 −$0.41/SF
EGI
$24.6K $11.95/SF
− OpEx
−$7.4K −$3.58/SF
NOI
$17.2K $8.36/SF
Area
Stark County, OH
Vacancy
3.32%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,960
Cap Rate 7%
$245,686
Cap Rate 9%
$191,089

Alternative Uses

Best Use
Multifamily LT 5
$245.7K
$215.0K – $286.6K (±1% cap)
NOI $17,198 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$215.1K
$188.2K – $251.0K (±1% cap)
NOI $15,059 @ 7.0% cap · market cap 5.02%
Theoretical Best
Retail
$536.8K
$469.7K – $626.3K (±1% cap)
NOI $37,576 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 44646, OH

47,973
Population
20,817
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,666
Density / Sq Mi
$66,767
Median Household Income
$41,021
Median Earnings
$883
Median Rent
$181,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three units include a front home, a basement apartment, and a separate rear residence connected to the garage.
Where is this triplex located?
The property is located at 126 Avis Avenue NW Massillon, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three units: front residence, basement apartment, and one‑bedroom rear loft home; 2,056 square feet on a 0.112‑acre lot measuring 40 by 123 feet; Rear residence has a two‑story great room, fireplace, skylights, and full basement
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