Updated Duplex with Finished
For Sale
$215,000
316 Pershing Ave Nw, Massillon, OH 44646
Two occupied units offer two bedrooms, one full bath, and additional finished lower-level space.
Property Size2,100 SF
Price / SF$102.38
Days on Market62
Property Features for 316 Pershing Ave Nw
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,639
Listing Agency:
Keller Williams Legacy Group Realty
(330) 433-6005
Listed By:
Annabelle Lakota · License #2021001316
(330) 299-9039
Source:
Exprealty
Added: Sep 2
Changed: Oct 25
Last Checked: Nov 1 at 6:12AM
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 Keller Williams Legacy Group Realty
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.
Located at 316 Pershing Ave NW in Massillon, this 2,100-square-foot duplex includes two residential units with matching layouts. Each unit has two bedrooms, one full bathroom, and finished basement space that expands the usable area. The property has received updates over time and includes a large backyard.
Both units are currently occupied. The property is in Perry LSD and is situated near stores and highway access, providing convenient connections to nearby services and transportation routes.
Both units are currently occupied. The property is in Perry LSD and is situated near stores and highway access, providing convenient connections to nearby services and transportation routes.
Key Highlights
- 2,100‑square‑foot duplex in Massillon
- Each unit includes 2 bedrooms and 1 full bath
- Finished basement space in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,566
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,320
$351.3K
Cap Rate 7%
$250,943
$250.9K
Cap Rate 9%
$195,178
$195.2K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$26.0K $12.36/SF
− Vacancy
−$862 −$0.41/SF
EGI
$25.1K $11.95/SF
− OpEx
−$7.5K −$3.58/SF
NOI
$17.6K $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%
$351,320
Cap Rate 7%
$250,943
Cap Rate 9%
$195,178
Alternative Uses
Best Use
Multifamily LT 5
$250.9K
$219.6K – $292.8K
NOI $17,566 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$219.7K
$192.3K – $256.4K
NOI $15,381 @ 7.0% cap · market cap 7.15%
Theoretical Best
Retail
$548.3K
$479.8K – $639.7K
NOI $38,380 @ 7.0% cap · market cap 17.85%
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
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Explore this area
Business Placement
Demographics for 44646, OH
47,973
Population
20,817
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,666
Density / Sq Mi
$66,767
Median Household Income
$41,021
Median Earnings
$883
Median Rent
$181,600
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
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units offer two bedrooms, one full bath, and additional finished lower-level space.
Where is this duplex located?
The property is located at 316 Pershing Ave Nw Massillon, OH.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 2,100‑square‑foot duplex in Massillon; Each unit includes 2 bedrooms and 1 full bath; Finished basement space in both units
