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Three-Building Apartment Portfolio
For Sale
Under Contract
$220,000

954 Tallmadge Road, Cuyahoga Falls, OH 44221

MULTI_FAMILY - Cuyahoga Falls, OH

Lot Size0.19 Acres
Days on Market47

Property Features for 954 Tallmadge Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Half bathrooms 2
Rooms Basement, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2
Parking features Parking Lot, Driveway
Subdivision Falls Acres
Elementary school district Cuyahoga Falls CSD - 7705
Middle school district Cuyahoga Falls CSD - 7705
High school district Cuyahoga Falls CSD - 7705
Directions Howe to Tallmadge Rd
Standard status Active Under Contract
APN 0217819
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FALLS ACRES LOT 3 SE PT 72.50 FT FRT
Tax Annual Amount 3701
Legal Description FALLS ACRES LOT 3 SE PT 72.50 FT FRT

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1979
Floors in Building 2
Building materials AluminumSiding
Roof type Fiberglass, Asphalt
Listing Agency: EXP Realty, LLC.
Listed By: Ann M Harry · License #2021007923
Added: Jun 17 Changed: Jul 30 Last Checked: Aug 2 at 8:06AM
MLS# 5219833

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 for-sale portfolio includes three apartment buildings available together, with each building containing two units for a total of six units. Two buildings face Tallmadge Rd, and one building faces Loomis. The properties share the same parking spaces, and the Loomis-facing building includes detached garages.

As of the information provided, five units are currently rented on a month-to-month basis, with rents ranging from $700 to $750. Each unit is 968 square feet and features two bedrooms and 1.5 baths, along with a full private basement and laundry hook-ups. One unit is vacant and available for viewing, while occupied units may be viewed upon acceptance of an offer. Units are being sold as-is.

The offering is designed as a combined package of the three buildings, with the parking and related site features shared across the group.

Key Highlights

  • 3 buildings sold together, with 2 units per building (6 total units).
  • 5 units currently rented on a month‑to‑month basis with rents ranging from $700 to $750.
  • Each unit offers 2 bedrooms and 1.5 baths, plus a full private basement with laundry hook‑ups.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby

Demographics for 44221, OH

29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Portfolio includes three apartment buildings, each with two units, sharing parking and offering private basements with laundry hook-ups.
Where is this apartment building located?
The property is located at 954 Tallmadge Road Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 3 buildings sold together, with 2 units per building (6 total units).; 5 units currently rented on a month‑to‑month basis with rents ranging from $700 to $750.; Each unit offers 2 bedrooms and 1.5 baths, plus a full private basement with laundry hook‑ups.
More about this property
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