550-554 Magnolia Avenue
Cuyahoga Falls, OH 44221
8
Bed
4
Bath
0.45Acre(Lot)
Great Investment Opportunity in Cuyahoga Falls! This well-maintained triplex offers an excellent opportunity for investors or owner-occupants looking to generate rental income. The spacious main-floor unit features 4 bedrooms and 2 bathrooms and has been remodeled and updated, including a beautiful kitchen with granite countertops, new flooring, and all new appliances. The property consists of three separate units, providing multiple income streams. Two of the units have established rental histories, with one tenant in place for approximately 12 years and the back house tenant for approximately 7 years. Current rents include $975/month for the back house and $550/month for the upstairs unit. With a remodeled 4-bedroom unit, long-term rental history, multiple units, and recent improvements,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Has Basement: Yes Basement: Finished, Interior Entry, Concrete, Partially Finished, Bath/Stubbed, Walk-Out Access -
Roofing Information
Asphalt, Fiberglass -
Interior Features
Roof: Asphalt, Fiberglass Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Baseboard, Electric, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1940 Construction Materials: Stone, Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.4458 Acres Lot Size Acres: 0.4458 Lot Size Source: AssessorProperty Information
Subdivision: Tallmadge 01 Source Property Type: Residential Income Property SubType: Triplex Levels: Two Property Age: 86
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Listing Price Information
Listing Price: $324000
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Tax Information
Parcel Number: 0216941 Tax Year: 2025 Annual Tax: $2300 Tax Legal Desc: TR 1 SUB 149 KAUFMAN .160A
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Parking Information
Additional Parking, Driveway, GarageGarage Information
Has Garage: Yes Garage Space: 1
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Location Information
Direction: From Tallmadge Rd., turn onto Magnolia Ave. WaterSource: Public
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ByOwner last updated this listing 09/20/2026 @ 08:11
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