16
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$94,900
Est. payment /mo
3 Beds
1 Bath
0.3 Acres Lot
Active
1432 Louisiana AVE NW Canton, OH 44703
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5194010
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1916
Annual Tax Amount $1,943
Tax Year 2025
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Single Family Residence
Property Description
Canton is quietly becoming one of Northeast Ohio's 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%+ cap rate and $13,500 in gross annual rents at an acquisition price of just $95,000 ($70.69/sqft).
The 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.
What 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.
At a 9%+ cap rate with an in-place lease and zero rehab required, the only question is how fast you want to act.
The 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.
What 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.
At a 9%+ cap rate with an in-place lease and zero rehab required, the only question is how fast you want to act.
Location
State OH
County Stark
Rooms
Basement Full
Main Level Bedrooms 3
Interior
Heating Forced Air, Gas
Cooling Window Unit(s)
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Detached, Garage, Paved, Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Canton Csd - 7602
Others
Tax ID 00225332
Special Listing Condition Standard
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687
NEARBY SCHOOL & BUSINESS
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