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1432 Louisiana Avenue, Canton, OH 44703 | MLS ID 5183058 - Hackenberg Realty Group
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1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo
1432 Louisiana Avenue, Canton, OH 44703 Photo

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1432 Louisiana Avenue Canton, OH 44703
$385,000
Active / MLS# 5183058 / Commercial - Business / Canton
0 Beds

Five single-family rentals offered at just $77,000 per door with massive value-add upside. Three homes are tenant-occupied at $1,000/month each, while two vacant properties are ready for renovation and repositioning. Invest approximately $60,000 in strategic capex across the two vacant units, lease at market rents, and this portfolio delivers $72,000 in gross income, $49,200 NOI, and a 12.78% cap rate. The properties include 796 Sherman, 2465 28th St, 316 Young, 1636 Gibbs, and 1432 Louisiana. Solid craftsman-style construction, hardwood floors, and spacious layouts attract quality long-term tenants. Geographic diversification across Akron and Canton provides stability across two of Northeast Ohio's strongest rental markets. At $385,000 for 5 homes, you're buying well below replacement cost with built-in upside!

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Property Details

Property Type: Commercial - Business
Heating: Forced Air, Gas
Lot Size: 0.36 Acres
Taxes: $5,010 / year
Year Built: 1916

Feature Descriptions

Days on Site: 112
Parcel#: 00225332

Schools

School District: Canton City

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

Shown By

Agency Title: Hackenberg Realty Group
Agency Phone: 330-754-1478

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