Separately Metered
For Sale
$109,900
3029 7th Street SW, Canton, OH 44710
Fully occupied residential income property with two independently accessed living units.
Property Size1,192 SF
Price / SF$92.20
Days on Market21
Property Features for 3029 7th Street SW
General Information
Standard status
Active
Size
1,192 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Gross Income
$20,760
Multifamily Units
2
Building Details
Year Built
1919
Buildings
1
Listing Agency:
EXP Realty, LLC.
Listed By:
Amanda Mercier · License #2019006637
(330) 977-5798
Source:
Carletonrealty
Added: Sep 21
Changed: Sep 27
Last Checked: Oct 7 at 9:13AM
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 EXP Realty, LLC.
Investment Insights
Based on property information with market context.
This 1,192-square-foot duplex, built in 1919, contains two separate living units with individual entrances and functional layouts. Separate metering serves each unit, supporting distinct utility management, while current occupancy provides an established operating profile.
The property is positioned near Aultman Hospital, schools, shopping, local amenities, and major routes. Its two-unit configuration offers residential income use in a compact property format.
The property is positioned near Aultman Hospital, schools, shopping, local amenities, and major routes. Its two-unit configuration offers residential income use in a compact property format.
Key Highlights
- Two‑unit duplex configuration with separate living spaces
- 1,192 square feet across the property
- Each unit has its own entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,971
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,420
$199.4K
Cap Rate 7%
$142,443
$142.4K
Cap Rate 9%
$110,789
$110.8K
Market Conditions
NOI Build-Up for 1,192 SF
Gross rent
$14.7K $12.36/SF
− Vacancy
−$489 −$0.41/SF
EGI
$14.2K $11.95/SF
− OpEx
−$4.3K −$3.58/SF
NOI
$10.0K $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%
$199,420
Cap Rate 7%
$142,443
Cap Rate 9%
$110,789
Alternative Uses
Best Use
Multifamily LT 5
$142.4K
$124.6K – $166.2K
NOI $9,971 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$124.7K
$109.1K – $145.5K
NOI $8,731 @ 7.0% cap · market cap 7.94%
Theoretical Best
Retail
$311.2K
$272.3K – $363.1K
NOI $21,785 @ 7.0% cap · market cap 19.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Explore this area
Business Placement
Demographics for 44710, OH
9,309
Population
4,001
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
90%
High-School Grad
2.2 sq mi
ZIP Area
4,231
Density / Sq Mi
$50,453
Median Household Income
$35,733
Median Earnings
$921
Median Rent
$101,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied residential income property with two independently accessed living units.
Where is this duplex located?
The property is located at 3029 7th Street SW Canton, OH.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Two‑unit duplex configuration with separate living spaces; 1,192 square feet across the property; Each unit has its own entrance
