Triplex with Updated Main-Floor
For Sale
$324,000
Pending
550-554 Magnolia Avenue, Cuyahoga Falls, OH 44221
A renovated four-bedroom, two-bathroom residence is part of a three-unit property with established tenant history.
Property SizeContact for details
Days on Market12
Property Features for 550-554 Magnolia Avenue
General Information
Standard status
Pending
Property subtype
Residential Income
Additional Details
Multifamily Units
3
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,300
Amenities
Finished,Interior Entry,Concrete,Partially Finished,Bath/Stubbed,Walk-Out Access
true
4
8
In Basement
Public
0.4458
false
Assessor
Additional Parking,Driveway,Garage
Block
2
Building Details
Year Built
1940
Stories
2
Listing Agency:
Mosholder Realty Inc.
(304) 501-5212
Listed By:
Patrick Lucey
Source:
Karenullomrealty
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 31 at 3:25AM
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 Mosholder Realty Inc.
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Investment Insights
Based on property information with market context.
Built in 1940, this triplex contains three separate units on a 0.4458-acre parcel. The main-floor residence has four bedrooms and two bathrooms, with a remodeled kitchen featuring granite countertops, new flooring, and new appliances. The property also includes a garage, driveway, and additional parking.
Two units have established rental histories. One tenant has occupied a unit for approximately 12 years, while the back-house tenant has been in place for approximately 7 years.
Two units have established rental histories. One tenant has occupied a unit for approximately 12 years, while the back-house tenant has been in place for approximately 7 years.
Key Highlights
- Three separate residential units
- Remodeled main‑floor unit with 4 bedrooms and 2 bathrooms
- Kitchen has granite countertops, new flooring, and new appliances
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
Demographics for 44221, OH
29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - A renovated four-bedroom, two-bathroom residence is part of a three-unit property with established tenant history.
Where is this triplex located?
The property is located at 550-554 Magnolia Avenue Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: Three separate residential units; Remodeled main‑floor unit with 4 bedrooms and 2 bathrooms; Kitchen has granite countertops, new flooring, and new appliances
