Residential Income
For Sale
$132,500
837 Parkview Street NE, Massillon, OH 44646
Natural gas forced-air heating and a private yard are among the property’s documented features.
Property Size1,440 SF
Price / SF$92.01
Days on Market30
Property Features for 837 Parkview Street NE
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1,740
Amenities
Natural Gas, Forced Air
Full
Range, Refrigerator
Back Yard
Driveway
Private Yard
Building Details
Year Built
1912
Buildings
1
Stories
2
Listing Agency:
DeHOFF Realtors
Listed By:
David L Maltese · License #403199
(330) 936-0865
Source:
Evrealestate
Added: Sep 26
Changed: Oct 21
Last Checked: Oct 24 at 5:22PM
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 DeHOFF Realtors
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Investment Insights
Based on property information with market context.
Built in 1912, this residential income property includes natural gas forced-air heating, a range, and a refrigerator. Exterior features include a driveway and private yard.
The property is on Parkview Street NE in Massillon, between Lincoln Way and Lake Avenue, about a block from Wales Avenue.
The property is on Parkview Street NE in Massillon, between Lincoln Way and Lake Avenue, about a block from Wales Avenue.
Key Highlights
- Built in 1912
- Natural gas forced‑air heating
- Private yard and driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,547
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,940
$210.9K
Cap Rate 7%
$150,671
$150.7K
Cap Rate 9%
$117,189
$117.2K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$19.9K $13.80/SF
− Vacancy
−$696 −$0.48/SF
EGI
$19.2K $13.32/SF
− OpEx
−$8.6K −$5.99/SF
NOI
$10.5K $7.32/SF
Area
Stark County, OH
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,940
Cap Rate 7%
$150,671
Cap Rate 9%
$117,189
Alternative Uses
Best Use
Apartment 5plus
$150.7K
$131.8K – $175.8K
NOI $10,547 @ 7.0% cap · market cap 7.96%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$376.0K
$329.0K – $438.6K
NOI $26,318 @ 7.0% cap · market cap 19.86%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
434
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Natural gas forced-air heating and a private yard are among the property’s documented features.
Where is this residential income property located?
The property is located at 837 Parkview Street NE Massillon, OH.
What is the asking price?
The asking price for this property is $132,500.
What are key features of this property?
This property features: Built in 1912; Natural gas forced‑air heating; Private yard and driveway
