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1636 Gibbs Avenue

Canton, OH 44705
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Bed 3

Bed

Bath 1

Bath

Acres0.30

Acre(Lot)

This occupied Canton single-family rental is a textbook turnkey addition to any cash flow portfolio. Currently generating $995/month on a month-to-month lease, the 3-bedroom, 1-bath home spans 1,348 square feet and delivers $7,606 in annual NOI at an 8.95% cap rate. At just $85,000 all-in, you're acquiring stabilized income at a price that leaves real room to build equity. With a tenant already in place and income flowing from day one, this is the kind of low-friction, high-yield asset serious investors line up for. The month-to-month lease structure gives an incoming owner maximum flexibility. Keep the tenant, renegotiate terms, or reposition as market conditions dictate. Either way, the asset pencils on day one. What elevates this from a solid single-buy to a genuine portfolio play is the companion opportunity. Four additional properties from the same seller are available simultaneously: 1432 Louisiana Ave NW and 316 Young Ave NE in Canton, plus 364 Campbell St and 677 Sharon St in Akron. Acquiring the full package creates instant scale, operational efficiency, and geographic diversification across two markets - all from a single seller relationship. Bulk pricing may be available for qualified buyers moving on the full portfolio.

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Detail Ic Property Details

Property Type : Residential

Price : $85,000

AD Id : 76201383

MLS Id : 5194079

Beds : 3

Lot Size : 0.30 Acre

Year Built : 1908

Garage : 4

County : Stark

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt, Fiberglass
  • Interior Features

    Roof: Asphalt, Fiberglass
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1908 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.3 Acres Lot Size Acres: 0.3 Lot Size Source: Assessor

  • Listing Price Information

    Listing Price: $85000

  • Tax Information

    Parcel Number: 00225577 Tax Year: 2025 Annual Tax: $1489

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: Gibbs Avenue NE, Canton WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4321 30th Street, Canton, OH, 44705 $145,000 3 2 1,248 1,248 SqFt
2624 Ellis Avenue, Canton, OH, 44705 $169,900 3 1 990 990 SqFt
3534 Fairmount Boulevard, Canton, OH, 44705 $89,000 3 1 --
2012 Harmont Avenue, Canton, OH, 44705 $125,000 3 2 1,488 1,488 SqFt
3009 Willowrow Avenue, Canton, OH, 44705 $159,900 2 1 1,200 1,200 SqFt
2907 25th Street, Canton, OH, 44705 $0 3 1 768 768 SqFt
1820 Midway Avenue, Canton, OH, 44705 $109,500 3 1 978 978 SqFt
2708 19th Street, Canton, OH, 44705 $189,900 3 1 1,168 1,168 SqFt
2806 33rd Street, Canton, OH, 44705 $144,000 3 1 --
5043 Violet Knoll Avenue, Canton, OH, 44705 $509,900 4 3 2,395 2,395 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/08/2026 @ 23:18

MLS: 5194079 LISTED BY: Tal Tamir, Russell Real Estate Services 440-201-9850 SOURCE: MLS Now

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