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Three-Unit Rental Property
New
For Sale
$329,900

723 & 725 S Cleveland Avenue, Mogadore, OH 44260

ResidentialIncome, Mogadore, OH

Property Size3,795 SF
Lot Size1.67 Acres
Price / SF$86.93
Days on Market1

Property Features for 723 & 725 S Cleveland Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 4, Bathroom 4, Laundry Room, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 5
Parking features Garage
Interior features BreakfastBar, EntranceFoyer, EatInKitchen, HighCeilings, KitchenIsland, PrimaryDownstairs, OpenFloorplan, NaturalWoodwork
Appliances Dishwasher
Subdivision Suffield
Lot features Irregular Lot
Elementary school district Field LSD - 6703
Middle school district Field LSD - 6703
High school district Field LSD - 6703
Directions Cleveland Ave in Suffield- with Mogadore mailing- Field Schools
Standard status Active
APN 36-048-00-00-009-000
Size 3,795 SF
Lot size 1.67 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 48 NW
Tax Annual Amount 6375
Legal Description LOT 48 NW

Utilities

Sewer type Septic Tank
Heating system Baseboard
Cooling system Central Air
Water source Well

Building Details

Year built 1962
Floors in Building 2
Building materials AluminumSiding, Brick
Roof type Asphalt, Fiberglass
Listing Agency: RE/MAX Crossroads Properties · RE/MAX International
Listed By: Sherri G Costanzo · License #307608
Added: Oct 20 Last Checked: Oct 20 at 6:06PM
MLS# 5254499

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 3,795-square-foot rental property consists of a two-unit building and a separate ranch residence. The upstairs apartment has two bedrooms and use of a two-car garage. The lower apartment offers two bedrooms, one and a half baths, a sunroom, a storage room, and a sunken living room with a fireplace. The ranch unit has two bedrooms and a deck overlooking a fenced backyard.

The property has a well and septic system. The ranch residence is separately metered for gas and electricity; the larger building has one shared gas and electric meter. Built in 1962, the property also includes a large parking area.

Key Highlights

  • Three rental units across a two‑unit building and a separate ranch residence
  • 3795 square feet of property size
  • 1.67‑acre lot

Property Analytics

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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 44260, OH

13,152
Population
5,429
Households
2.4
Avg Household Size
45
Median Age
26%
College-Educated
93%
High-School Grad
33.0 sq mi
ZIP Area
399
Density / Sq Mi
$75,261
Median Household Income
$45,162
Median Earnings
$951
Median Rent
$191,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two structures contain a pair of apartments and a separate ranch home.
Where is this triplex located?
The property is located at 723 & 725 S Cleveland Avenue Mogadore, OH.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Three rental units across a two‑unit building and a separate ranch residence; 3795 square feet of property size; 1.67‑acre lot
More about this property
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