Home for Sale at 1432 Louisiana Avenue Nw in Canton, OH for $94,900

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1432 Louisiana Avenue NW | Canton

$94,900 | 3 Beds | 1 Baths (1 Full) | 0.0 Sq. Ft.

Canton is quietly becoming one of Northeast Ohio\u0027s most compelling single-family investment markets, and 1432 Louisiana Ave is a textbook example of why investors are paying attention. This occupied, turnkey 3-bed/1-bath rental clocks in at 1,344 sq ft and is already leased at $1,125/month through February 2027 with the tenant covering all utilities that drives a 9%\u002B cap rate and $13,500 in gross annual rents at an acquisition price of just $95,000 ($70.69/sqft).\r\n\r\nThe property has been thoughtfully updated with fresh paint throughout, plush carpet, and stylish vinyl plank flooring in the kitchen and bathroom. These are the kind of durable, tenant-approved finishes that reduce turnover and keep rent rolls clean. No deferred maintenance, no vacancy risk, no rehab. Just a stabilized asset performing at acquisition.\r\n\r\nWhat makes this opportunity truly compelling is the optionality. 1432 Louisiana can be acquired standalone or packaged with four additional properties offered by the same seller -- 1636 Gibbs Ave NE and 316 Young Ave NE (Canton), plus 364 Campbell St and 677 Sharon St (Akron). For investors looking to scale a Canton/Akron portfolio in a single move, this kind of turnkey bundle rarely hits the market.\r\n\r\nAt a 9%\u002B cap rate with an in-place lease and zero rehab required, the only question is how fast you want to act. MLSNow 5194010 Directions to property: Louisiana Ave NW

MLS Listing ID: 
MLSNow 5194010
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$94,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Canton
Address: 
1432 Louisiana Avenue NW, Canton, OH 44703
County: 
Stark
Latitude: 
40.8138800
Longitude: 
-81.3810550
Directions: 
Louisiana Ave NW
Public Remarks: 
Canton is quietly becoming one of Northeast Ohio\u0027s most compelling single-family investment markets, and 1432 Louisiana Ave is a textbook example of why investors are paying attention. This occupied, turnkey 3-bed/1-bath rental clocks in at 1,344 sq ft and is already leased at $1,125/month through February 2027 with the tenant covering all utilities that drives a 9%\u002B cap rate and $13,500 in gross annual rents at an acquisition price of just $95,000 ($70.69/sqft).\r\n\r\nThe property has been thoughtfully updated with fresh paint throughout, plush carpet, and stylish vinyl plank flooring in the kitchen and bathroom. These are the kind of durable, tenant-approved finishes that reduce turnover and keep rent rolls clean. No deferred maintenance, no vacancy risk, no rehab. Just a stabilized asset performing at acquisition.\r\n\r\nWhat makes this opportunity truly compelling is the optionality. 1432 Louisiana can be acquired standalone or packaged with four additional properties offered by the same seller -- 1636 Gibbs Ave NE and 316 Young Ave NE (Canton), plus 364 Campbell St and 677 Sharon St (Akron). For investors looking to scale a Canton/Akron portfolio in a single move, this kind of turnkey bundle rarely hits the market.\r\n\r\nAt a 9%\u002B cap rate with an in-place lease and zero rehab required, the only question is how fast you want to act.
Community Information
School District: 
Canton CSD - 7602
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1916
Living Area: 
0.0
Basement: 
Full
Construction
Construction Materials: 
Brick
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Rooms: 
4
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.3
Lot Size (Area): 
0.3
Lot Features
Parking Type: 
Detached,Garage,Paved,Unpaved
Public Record
Parcel Number: 
00225332
Annual Tax: 
$966.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Russell Real Estate Services

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