5620 Nave Street SW Canton, OH 44706
MULTI_FAMILY - Canton, OH
Property Features for 5620 Nave Street SW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bathroom 4, Basement, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 4
- Parking features
- Garage
- Standard status
- Pending
- APN
- 04313100
- Size
- 2,002 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 48 WH PERRY HILLS COLONY #3
- Tax Annual Amount
- 2998
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Asphalt, Fiberglass
Listing agent Christina Hoff License #2024005572 (330) 806-3616
Listing office RE/MAX Edge Realty 6929 Portage Street NW, North Canton, OH (330) 236-5100
Listing date Feb 22, 2026
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.
The property is located at 5620 Nave Street SW in Canton, Ohio. Utilities are handled through Dominion Gas and Ohio Edison Electric, and tenants select the trash company (currently Republic). Water and sewer are provided by Canton City Utilities under one meter for the property. The listing notes HOA dues of $100 per year and that the duplex is connected to the community behind.
From a tenant and operator standpoint, the layout supports straightforward, independent living for each unit, including in-basement laundry hookups and dedicated basement space. With attached garages for both sides, the property offers practical everyday storage and covered parking. The current month-to-month terms may simplify occupancy planning for a buyer looking to take over existing operations; please review the rent and utility arrangements during your showing.
Key Highlights
- Brick ranch duplex built in 1976 with attached 1‑car garage for each unit
- 2‑bed/1‑full‑bath per unit, with additional half bath in the basement
- Each unit has its own basement with washer and dryer hookups; tenants provide washer/dryer
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.7k | $12.36 |
| − Vacancy | −$822 | −$0.41 |
| EGI | $23.9k | $11.95 |
| − OpEx | −$7.2k | −$3.58 |
| NOI | $16.7k | $8.36 |
