550 Magnolia Avenue, Cuyahoga Falls, OH 44221 (MLS # 5245660)
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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, 550 Magnolia offers a great opportunity to add a solid income-producing property to your investment portfolio. Agent related to seller.
Property Type(s):
Multi Family
| Last Updated | 9/17/2026 | Tract | Tallmadge 01 |
|---|---|---|---|
| Year Built | 1940 | Garage Spaces | 1.0 |
| County | Summit |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer |
| BASEMENT | Bath/Stubbed, Concrete, Finished, Interior Entry, Partially Finished, Walk-Out Access, Yes |
| CONSTRUCTION | Stone, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Electric, Forced Air, Natural Gas |
| LOT | 0.4458 acre(s) |
| PARKING | Additional Parking, Driveway, Garage |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Tallmadge 01 |
| TAXES | 2300 |
| WATER | Public |
Location
Contact us about this Property
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Listing provided by: Chelsea Reed | 330-696-9227, Mosholder Realty Inc., 330-633-5536, info@mosholder.com
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
Listing information is deemed reliable, but not guaranteed.
Data Last Updated: 9/20/26 10:35 PM PDT
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