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Triplex with Separate Ranch Home

723 & 725 S Cleveland Ave, Mogadore, OH 44260

For Sale
$329,900

Three rental units occupy a main building and a separate ranch-style house.

Property Size3,795 SF
Lot Size1.60 Acres
Price / SF$86.93
Days on Market37

Property Features for 723 & 725 S Cleveland Ave

General Information

Standard status Active
Size 3,795 SF
Lot size 1.60 Acres
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR, 1 x 2BR/1.5BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Building Details

Year Built 1962
Buildings 2
Listing Agency: RE/MAX Crossroads Properties
Listed By: Sherri G Costanzo · License #307608
Source: Northeastohiolistings
Added: Oct 4 Changed: Nov 8 Last Checked: Nov 8 at 6:53AM

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 RE/MAX Crossroads Properties

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Investment Insights

Based on property information with market context.

Built in 1962, this 3,795-square-foot rental property contains three units across a main building and a separate ranch-style house. The main building has an upper-level two-bedroom unit with access to a two-car garage, plus a lower-level two-bedroom unit with 1.5 baths, a sunken living room, fireplace, sunroom, great room and storage. The ranch-style home also has two bedrooms and a private deck overlooking a fenced backyard.

The property occupies 1.6 acres and is served by a well and septic system. The ranch home has separate gas and electric meters; the main building uses one meter each for owner-paid gas and electricity.

Key Highlights

  • Three rental units in a main building and a separate ranch‑style home
  • 3,795 square feet on a 1.6‑acre lot
  • Main building includes two units; upper‑level unit has 2 bedrooms and access to a 2‑car garage

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
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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 - Three rental units occupy a main building and a separate ranch-style house.
Where is this triplex located?
The property is located at 723 & 725 S Cleveland Ave 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 in a main building and a separate ranch‑style home; 3,795 square feet on a 1.6‑acre lot; Main building includes two units; upper‑level unit has 2 bedrooms and access to a 2‑car garage
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