Brick Duplex with
3015 Coventry Boulevard NE, Canton, OH 44705
For Sale
$164,900
Two occupied residences each provide a two-bedroom layout, a full bath, and separate laundry hookups.
Property Size1,782 SF
Price / SF$92.54
Days on Market50
Property Features for 3015 Coventry Boulevard NE
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Construction
Tenancy
Listing Agency:
XRE
(234) 347-0078
Listed By:
Austin J Heisler
(330) 354-5682
Source:
Kimberlysrealtycorp
Added: Sep 24
Changed: Nov 12
Last Checked: Nov 12 at 2:19PM
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 XRE
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Investment Insights
Based on property information with market context.
This brick duplex, built in 1966, contains two residences. Each has two bedrooms and one full bathroom on the upper floor, with a living room and kitchen on the main level. A full unfinished basement beneath each unit includes laundry hookups and additional storage space. The property totals 1,782 square feet.
Both residences are tenant occupied, with long-term tenants in place. The address is 3015 Coventry Boulevard NE in Canton, Ohio.
Both residences are tenant occupied, with long-term tenants in place. The address is 3015 Coventry Boulevard NE in Canton, Ohio.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- Each residence has a living room and kitchen on the main floor
- Full unfinished basement with laundry hookups beneath each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,906
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,120
$298.1K
Cap Rate 7%
$212,943
$212.9K
Cap Rate 9%
$165,622
$165.6K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$22.0K $12.36/SF
− Vacancy
−$731 −$0.41/SF
EGI
$21.3K $11.95/SF
− OpEx
−$6.4K −$3.58/SF
NOI
$14.9K $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%
$298,120
Cap Rate 7%
$212,943
Cap Rate 9%
$165,622
Alternative Uses
Best Use
Multifamily LT 5
$212.9K
$186.3K – $248.4K
NOI $14,906 @ 7.0% cap · market cap 9.04%
Second Best
Apartment 5plus
$186.5K
$163.2K – $217.5K
NOI $13,052 @ 7.0% cap · market cap 7.92%
Theoretical Best
Retail
$465.3K
$407.1K – $542.8K
NOI $32,568 @ 7.0% cap · market cap 19.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
286
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
$74,600
Median Home Value
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Market
Average Price Trend$/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 - Two occupied residences each provide a two-bedroom layout, a full bath, and separate laundry hookups.
Where is this duplex located?
The property is located at 3015 Coventry Boulevard NE Canton, OH.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; Each residence has a living room and kitchen on the main floor; Full unfinished basement with laundry hookups beneath each unit
