Turnkey Duplex and Ranch
For Sale
$315,000
8242-8244 Navarre Road SW, Massillon, OH 44646
MULTI_FAMILY - Massillon, OH
Property Size1,536 SF
Lot Size1.06 Acres
Price / SF$205.08
Days on Market47
Property Features for 8242-8244 Navarre Road SW
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Laundry Room, Bedroom 1, Bedroom 7, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 1
Parking features
Paved or Surfaced, Garage
Elementary school district
Perry LSD Stark- 7614
Middle school district
Perry LSD Stark- 7614
High school district
Perry LSD Stark- 7614
Directions
Take OH-21 S/US-62 W/Erie Ave SW/Great Lakes Blvd NW/I-77 to Navarre Rd
Standard status
Active
APN
04315109
Size
1,536 SF
Lot size
1.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
32 NE 2.12A
Tax Annual Amount
2504
Legal Description
32 NE 2.12A
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1945
Floors in Building
2
Building materials
VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
Keller Williams Legacy Group Realty · Keller Williams Realty
(330) 433-6005
Listed By:
Jose Medina · License #2002013465
(330) 595-9811
Added: Jun 15
Changed: Jul 28
Last Checked: Jul 31 at 10:06PM
MLS# 5219138
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.
This income-producing residential income property combines an up/down duplex with a separate ranch home on a single lot. The duplex includes two well-maintained two-bedroom, one-bath units, while the separate ranch home offers three bedrooms and one full bath. The property has been newly renovated and updated, with recent improvements including brand new water mains, a new commercial jaw release pedestal with 400 amp service, and full close-cell foam insulation.
The buildings are set on a one-acre-plus lot and include an RV hookup at the rear of the property. The units are tenant-occupied.
Overall, the layout provides a mix of two-bedroom and three-bedroom rental configurations within the same multi-property offering.
The buildings are set on a one-acre-plus lot and include an RV hookup at the rear of the property. The units are tenant-occupied.
Overall, the layout provides a mix of two-bedroom and three-bedroom rental configurations within the same multi-property offering.
Key Highlights
- Income‑producing Perry Township property on a 1‑acre lot with two fully rented homes
- Up/down duplex includes two 2‑bedroom, 1‑bath units
- Separate ranch home offers 3 bedrooms and 1 full bath
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 | $19.0k | $12.36 |
| − Vacancy | −$630 | −$0.41 |
| EGI | $18.4k | $11.95 |
| − OpEx | −$5.5k | −$3.58 |
| NOI | $12.8k | $8.36 |
1,536 SF · lease $12.36/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$183.5K
$160.6K – $214.1K
NOI $12,848 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$160.7K
$140.6K – $187.5K
NOI $11,250 @ 7.0% cap · market cap 3.57%
Theoretical Best
Retail
$401.0K
$350.9K – $467.9K
NOI $28,072 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Explore this area
Business Placement
Demographics for 44646, OH
47,973
Population
20,817
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
28.8 sq mi
ZIP Area
1,666
Density / Sq Mi
$66,767
Median Household Income
$41,021
Median Earnings
$883
Median Rent
$181,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Income-producing multi-family property features a two-unit duplex plus a separate three-bedroom ranch home on over an acre.
Where is this triplex located?
The property is located at 8242-8244 Navarre Road SW Massillon, OH.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Income‑producing Perry Township property on a 1‑acre lot with two fully rented homes; Up/down duplex includes two 2‑bedroom, 1‑bath units; Separate ranch home offers 3 bedrooms and 1 full bath
