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Residential Income Property
For Sale
$109,995

1455-1459 Struble Avenue NE, Canton, OH 44705

A detached garage and paved parking area serve the property, which has natural gas forced-air heating.

Property Size1,344 SF
Price / SF$81.84
Days on Market8

Property Features for 1455-1459 Struble Avenue NE

General Information

Standard status Active
Size 1,344 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $1,265

Amenities

Natural Gas, Forced Air
Full, Finished
Range, Refrigerator
Detached, Garage, Paved, Parking Lot

Building Details

Year Built 1961
Buildings 1
Stories 1
Listing Agency: B2B Realty
Listed By: Ryan Walsh · License #2023006206
Source: Evrealestate
Added: Oct 19 Changed: Oct 25 Last Checked: Oct 24 at 6:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of B2B Realty

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Investment Insights

Based on property information with market context.

Located at 1455-1459 Struble Avenue NE in Canton, this residential income property was built in 1961. Interior features include natural gas forced-air heating and a full finished area. A range and refrigerator are also included.

The exterior includes a detached garage and a paved parking lot.

Key Highlights

  • Built in 1961
  • Detached garage and paved parking lot
  • Natural gas forced‑air heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,844
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,880 $196.9K
Cap Rate 7%
$140,629 $140.6K
Cap Rate 9%
$109,378 $109.4K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$18.5K $13.80/SF
− Vacancy
−$649 −$0.48/SF
EGI
$17.9K $13.32/SF
− OpEx
−$8.1K −$5.99/SF
NOI
$9.8K $7.32/SF
Area
Stark County, OH
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,880
Cap Rate 7%
$140,629
Cap Rate 9%
$109,378

Alternative Uses

Best Use
Apartment 5plus
$140.6K
$123.1K – $164.1K (±1% cap)
NOI $9,844 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$350.9K
$307.0K – $409.4K (±1% cap)
NOI $24,563 @ 7.0% cap · market cap 22.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

Demographics for 44705, OH

17,779
Population
7,955
Households
2.2
Avg Household Size
37
Median Age
10%
College-Educated
84%
High-School Grad
7.9 sq mi
ZIP Area
2,251
Density / Sq Mi
$41,903
Median Household Income
$29,420
Median Earnings
$877
Median Rent
$74,600
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - A detached garage and paved parking area serve the property, which has natural gas forced-air heating.
Where is this residential income property located?
The property is located at 1455-1459 Struble Avenue NE Canton, OH.
What is the asking price?
The asking price for this property is $109,995.
What are key features of this property?
This property features: Built in 1961; Detached garage and paved parking lot; Natural gas forced‑air heating
More about this property
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