4-Unit Quadplex with
For Sale
$415,000
3340 Mollane St Nw, Massillon, OH 44646
Each residence has two bedrooms, two full baths, and a private one-car garage.
Property Size2,856 SF
Price / SF$145.31
Days on Market8
Property Features for 3340 Mollane St Nw
General Information
Standard status
Active
Size
2,856 SF
Total Parking Spaces
4
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$4,957
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Amy Wengerd · License #436224
(330) 681-6090
Source:
Exprealty
Added: Oct 13
Changed: Oct 19
Last Checked: Oct 19 at 2:15PM
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.
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Investment Insights
Based on property information with market context.
At 3340 Mollane St NW in Massillon, this 2,856-square-foot quadplex contains four residences, each configured with two bedrooms, two full bathrooms, and a one-car garage. The property is located in Perry Local Schools. A boiler supplies heat, while window units provide cooling.
All four units are occupied under month-to-month agreements. Improvements include a roof installed in 2026 and newer carpet and LVP flooring on the lower levels, added in 2025. The building has eight bedrooms and eight full bathrooms in total.
All four units are occupied under month-to-month agreements. Improvements include a roof installed in 2026 and newer carpet and LVP flooring on the lower levels, added in 2025. The building has eight bedrooms and eight full bathrooms in total.
Key Highlights
- Four units with two bedrooms and two full bathrooms per residence
- Each residence includes a private one‑car garage
- 2,856 square feet with eight bedrooms and eight full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,890
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,800
$477.8K
Cap Rate 7%
$341,286
$341.3K
Cap Rate 9%
$265,444
$265.4K
Market Conditions
NOI Build-Up for 2,856 SF
Gross rent
$35.3K $12.36/SF
− Vacancy
−$1.2K −$0.41/SF
EGI
$34.1K $11.95/SF
− OpEx
−$10.2K −$3.58/SF
NOI
$23.9K $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%
$477,800
Cap Rate 7%
$341,286
Cap Rate 9%
$265,444
Alternative Uses
Best Use
Multifamily LT 5
$341.3K
$298.6K – $398.2K
NOI $23,890 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$298.8K
$261.5K – $348.6K
NOI $20,918 @ 7.0% cap · market cap 5.04%
Theoretical Best
Retail
$745.7K
$652.5K – $870.0K
NOI $52,197 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
359
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has two bedrooms, two full baths, and a private one-car garage.
Where is this quadplex located?
The property is located at 3340 Mollane St Nw Massillon, OH.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Four units with two bedrooms and two full bathrooms per residence; Each residence includes a private one‑car garage; 2,856 square feet with eight bedrooms and eight full bathrooms
