Duplex with Updated
1705 40th Street NW, Canton, OH 44709
For Sale
New
$140,000
ResidentialIncome, Canton, OH
Property Size1,728 SF
Lot Size0.11 Acres
Price / SF$81.02
Days on Market2
Property Features for 1705 40th Street NW
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
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Building Details
Year built
Floors in Building
Building materials
Roof type
Buildings
Listing Agency:
Hayes Realty
(330) 493-7700
Listed By:
Christian S Nye · License OH #2017004186
(330) 323-1754
Added: Nov 11
Last Checked: Nov 12 at 8:06PM
MLS# 5260034
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 side-by-side duplex contains 1,728 square feet on a 0.11-acre lot. Built in 1969, the building has aluminum siding and brick veneer, natural-gas forced-air heat, and off-street parking. The roof was replaced in 2022. Public water and sewer serve the property.
One unit is rented for $750 per month, and the second unit is vacant. The occupied unit’s tenants pay their gas and electric costs. The property is in the Plain Local School District.
One unit is rented for $750 per month, and the second unit is vacant. The occupied unit’s tenants pay their gas and electric costs. The property is in the Plain Local School District.
Key Highlights
- Side‑by‑side duplex with 1,728 square feet
- 0.11‑acre parcel
- Roof replaced in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,656
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,120
$253.1K
Cap Rate 7%
$180,800
$180.8K
Cap Rate 9%
$140,622
$140.6K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$23.8K $13.80/SF
− Vacancy
−$835 −$0.48/SF
EGI
$23.0K $13.32/SF
− OpEx
−$10.4K −$5.99/SF
NOI
$12.7K $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%
$253,120
Cap Rate 7%
$180,800
Cap Rate 9%
$140,622
Alternative Uses
Best Use
Multifamily LT 5
$206.5K
$180.7K – $240.9K
NOI $14,454 @ 7.0% cap · market cap 10.32%
Second Best
Apartment 5plus
$180.8K
$158.2K – $210.9K
NOI $12,656 @ 7.0% cap · market cap 9.04%
Theoretical Best
Retail
$451.2K
$394.8K – $526.4K
NOI $31,581 @ 7.0% cap · market cap 22.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
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Business Placement
Demographics for 44709, OH
18,509
Population
9,218
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,191
Density / Sq Mi
$53,144
Median Household Income
$34,941
Median Earnings
$818
Median Rent
$149,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Canton, OH
Properties on Market for Duplexes in Canton
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property combines an occupied unit with a vacant unit for future owner updates.
Where is this duplex located?
The property is located at 1705 40th Street NW Canton, OH.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 1,728 square feet; 0.11‑acre parcel; Roof replaced in 2022
