Renovated
2823 Columbus Road NE, Canton, OH 44705
For Sale
$189,000
An occupied upper residence and an available lower unit provide distinct occupancy options.
Property Size2,270 SF
Price / SF$83.26
Days on Market338
Property Features for 2823 Columbus Road NE
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Year Renovated
Listing Agency:
The Danberry Co.
Listed By:
B.J. Whitmore · License #2019000558
(330) 988-2040
Source:
Lifestagesrealty
Added: Dec 6, 2025
Changed: Nov 7
Last Checked: Nov 7 at 6:35PM
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 The Danberry Co.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,270-square-foot duplex was built in 1906 and renovated in 2024. The property is arranged as upper and lower units, with the upper residence occupied under a month-to-month lease and the lower residence vacant.
The separate units offer a choice of living in one residence while leasing the other, or placing a tenant in both units. The lower unit is ready for occupancy, while the upper tenancy is flexible in term.
The separate units offer a choice of living in one residence while leasing the other, or placing a tenant in both units. The lower unit is ready for occupancy, while the upper tenancy is flexible in term.
Key Highlights
- 2,270‑square‑foot duplex
- Renovated in 2024
- Upper unit occupied on a month‑to‑month lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,626
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,520
$332.5K
Cap Rate 7%
$237,514
$237.5K
Cap Rate 9%
$184,733
$184.7K
Market Conditions
NOI Build-Up for 2,270 SF
Gross rent
$31.3K $13.80/SF
− Vacancy
−$1.1K −$0.48/SF
EGI
$30.2K $13.32/SF
− OpEx
−$13.6K −$5.99/SF
NOI
$16.6K $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%
$332,520
Cap Rate 7%
$237,514
Cap Rate 9%
$184,733
Alternative Uses
Best Use
Multifamily LT 5
$271.3K
$237.4K – $316.5K
NOI $18,988 @ 7.0% cap · market cap 10.05%
Second Best
Apartment 5plus
$237.5K
$207.8K – $277.1K
NOI $16,626 @ 7.0% cap · market cap 8.80%
Theoretical Best
Retail
$592.7K
$518.6K – $691.5K
NOI $41,487 @ 7.0% cap · market cap 21.95%
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
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
Explore this area
Business Placement
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
$74,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - An occupied upper residence and an available lower unit provide distinct occupancy options.
Where is this duplex located?
The property is located at 2823 Columbus Road NE Canton, OH.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 2,270‑square‑foot duplex; Renovated in 2024; Upper unit occupied on a month‑to‑month lease
