2-Unit Brick
3506-3508 Edgefield Avenue NW, Canton, OH 44709
For Sale
New
$215,000
ResidentialIncome, Canton, OH
Property Size1,904 SF
Lot Size0.18 Acres
Price / SF$112.92
Days on Market3
Property Features for 3506-3508 Edgefield Avenue NW
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Amenities
covered parking
patios
Building Details
Year built
Floors in Building
Building materials
Roof type
Buildings
Listing Agency:
RE/MAX Crossroads Properties · RE/MAX International
(330) 492-9278
Listed By:
Michael F Addessi · License #437275
(330) 324-2422
Added: Nov 5
Changed: Nov 7
Last Checked: Nov 7 at 2:06AM
MLS# 5258902
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains 1,904 square feet across two residences, each configured with two bedrooms and one bathroom. Both units include a full basement, and the property has patios, covered parking, and an additional parking area. Improvements noted include newer windows, some plumbing updates, and newer hot water tanks. Heating is forced air with natural gas; water and sewer service are public.
The property occupies a 0.1816-acre lot at 3506-3508 Edgefield Avenue NW in Canton. The sale is packaged with the matching duplex at 3510-3512 Edgefield Avenue NW.
The property occupies a 0.1816-acre lot at 3506-3508 Edgefield Avenue NW in Canton. The sale is packaged with the matching duplex at 3510-3512 Edgefield Avenue NW.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,904 square feet on a 0.1816‑acre lot
- Brick construction with a full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,926
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,520
$318.5K
Cap Rate 7%
$227,514
$227.5K
Cap Rate 9%
$176,956
$177.0K
Market Conditions
NOI Build-Up for 1,904 SF
Gross rent
$23.5K $12.36/SF
− Vacancy
−$781 −$0.41/SF
EGI
$22.8K $11.95/SF
− OpEx
−$6.8K −$3.58/SF
NOI
$15.9K $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%
$318,520
Cap Rate 7%
$227,514
Cap Rate 9%
$176,956
Alternative Uses
Best Use
Multifamily LT 5
$227.5K
$199.1K – $265.4K
NOI $15,926 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$199.2K
$174.3K – $232.4K
NOI $13,946 @ 7.0% cap · market cap 6.49%
Theoretical Best
Retail
$497.1K
$435.0K – $580.0K
NOI $34,798 @ 7.0% cap · market cap 16.19%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
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Business Placement
Demographics for 44709, OH
18,509
Population
9,218
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,191
Density / Sq Mi
$53,144
Median Household Income
$34,941
Median Earnings
$818
Median Rent
$149,400
Median Home Value
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Market
Average Price Trend$/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 - Separate utility meters, basement storage, and outdoor patios serve this two-residence property.
Where is this duplex located?
The property is located at 3506-3508 Edgefield Avenue NW Canton, 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: Two residences, each with 2 bedrooms and 1 bathroom; 1,904 square feet on a 0.1816‑acre lot; Brick construction with a full basement
