4-Unit Quadplex with
New
For Sale
$415,000
3340 Mollane Street NW, Massillon, OH 44646
ResidentialIncome, Massillon, OH
Property Size2,856 SF
Lot Size0.43 Acres
Price / SF$145.31
Days on Market3
Property Features for 3340 Mollane Street NW
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 8, Bathroom 2, Bathroom 4, Bathroom 6, Bathroom 3, Bathroom 8, Bedroom 3, Bedroom 1, Bedroom 6, Bathroom 1, Laundry Room, Bathroom 5, Basement, Bedroom 7, Bedroom 5, Bathroom 7, Bedroom 2, Bedroom 4
Subdivision
Ro Ann 01
Lot features
Corner Lot
Elementary school district
Perry LSD Stark- 7614
Middle school district
Perry LSD Stark- 7614
High school district
Perry LSD Stark- 7614
Directions
Turn right onto Avis Ave NW & turn right onto Mollane St NW.
Standard status
Active
APN
04310415
Size
2,856 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
12 WH RO-ANN ALLOT 1
Tax Annual Amount
4957
Legal Description
12 WH RO-ANN ALLOT 1
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Steam
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1970
Floors in Building
2
Building materials
Brick
Roof type
Asphalt, Fiberglass
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Amy Wengerd · License #436224
(330) 681-6090
Added: Oct 13
Last Checked: Oct 15 at 2:06AM
MLS# 5252822
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,856-square-foot brick quadplex, built in 1970, contains four residences. Each unit has two bedrooms, two full bathrooms, and a private one-car garage. The property sits on 0.4304 acres and is served by public water and sewer. Heat is provided by a boiler, with window units for cooling.
The building is fully occupied by long-term tenants under month-to-month agreements. A new roof was installed in 2026, and lower-level carpet and LVP flooring were replaced in 2025. The property is located on Mollane Street NW in Massillon, Ohio.
The building is fully occupied by long-term tenants under month-to-month agreements. A new roof was installed in 2026, and lower-level carpet and LVP flooring were replaced in 2025. The property is located on Mollane Street NW in Massillon, Ohio.
Key Highlights
- Four units with two bedrooms and two full bathrooms per residence
- Each unit includes a private one‑car garage
- 2,856 square feet on a 0.4304‑acre lot
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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Current Use
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has a private garage, two bedrooms, and two full bathrooms.
Where is this quadplex located?
The property is located at 3340 Mollane Street 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 unit includes a private one‑car garage; 2,856 square feet on a 0.4304‑acre lot
