Fully Occupied Quadplex
1302 Fulton Road NW Canton, OH 44703
1302 Fulton Road NW, Canton, OH, 44703
$225,000
For Sale
$225,000
MULTI_FAMILY - Canton, OH
Property Size2,791 SF
Lot Size0.20 Acres
Price / SF$80.62
Days on Market46
Property Features for 1302 Fulton Road NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Laundry Room, Basement, Bedroom 3
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 00237243
- Size
- 2,791 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 9477 WH
- Tax Annual Amount
- 3550
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Steam, Hot Water(Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1909
- Floors in Building
- 2
- Building materials
- Stucco
- Roof type
- Fiberglass, Asphalt
Listing Agency
Keller Williams Legacy Group Realty
(330) 433-6005
4974 Higbee Ave., Ste. 201, Canton, OH
Listed by
Jose Medina · License #2002013465
(330) 595-9811
Added: Jun 2 Checked: Jul 17 at 9:06 pm
MLS# 5214594
Listing URL
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 fully occupied quadplex offers four separate units with one- and two-bedroom layouts, providing immediate rental income with tenants already in place. Across the building there are 6 bedrooms and 4 full baths. Each unit includes its own living space, kitchen, bedroom area, and full bath, along with wall/window cooling units and hot water or steam radiant heat. The property also features basement laundry and additional unfinished basement storage, plus a fully fenced yard.
The exterior is constructed with stucco and topped with an asphalt/fiberglass roof. Public water and sewer service the property, and rear parking is accessed from Niles. Recent and ongoing capital items include four hot water tanks, a gas line, separate 100-amp electric panels, and select newer windows. Unit 1 stands out with a fully updated kitchen featuring new cabinets, new counters, fresh paint, and all kitchen appliances included.
Designed for investors seeking a turnkey, income-producing asset, this quadplex benefits from functional unit separation and a current occupancy profile. The combination of independent electrical panels, in-building laundry, and multiple recent updates may help support long-term rental operation for buyers building or expanding a rental portfolio.
The exterior is constructed with stucco and topped with an asphalt/fiberglass roof. Public water and sewer service the property, and rear parking is accessed from Niles. Recent and ongoing capital items include four hot water tanks, a gas line, separate 100-amp electric panels, and select newer windows. Unit 1 stands out with a fully updated kitchen featuring new cabinets, new counters, fresh paint, and all kitchen appliances included.
Designed for investors seeking a turnkey, income-producing asset, this quadplex benefits from functional unit separation and a current occupancy profile. The combination of independent electrical panels, in-building laundry, and multiple recent updates may help support long-term rental operation for buyers building or expanding a rental portfolio.
Key Highlights
- Fully occupied quadruplex with 4 units and a mix of 1- and 2‑bedroom layouts
- Building has 6 bedrooms and 4 full baths total
- Unit 1 includes a fully updated kitchen with new cabinets, new counters, fresh paint, and all kitchen appliances staying
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.5k | $13.80 |
| − Vacancy | −$1.3k | −$0.48 |
| EGI | $37.2k | $13.32 |
| − OpEx | −$16.7k | −$5.99 |
| NOI | $20.4k | $7.32 |
2,791 SF · lease $13.80/SF/yr · vacancy 3.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$333.5K
$291.8K – $389.1K
NOI $23,346 @ 7.0% cap · market cap 10.38%
Second Best
Apartment 5plus
$292.0K
$255.5K – $340.7K
NOI $20,442 @ 7.0% cap · market cap 9.09%
Theoretical Best
Retail
$728.7K
$637.6K – $850.2K
NOI $51,009 @ 7.0% cap · market cap 22.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Well-maintained, fully rented four-unit property with updated kitchen features and separate utilities for steady income potential.
Where is this quadplex located?
The property is located at 1302 Fulton Road NW Canton, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Fully occupied quadruplex with 4 units and a mix of 1- and 2‑bedroom layouts; Building has 6 bedrooms and 4 full baths total; Unit 1 includes a fully updated kitchen with new cabinets, new counters, fresh paint, and all kitchen appliances staying
