550 Magnolia Avenue, Cuyahoga Falls, OH 44221 (MLS # 5245660)

Price $324,000
Status Active
Beds 8
Baths 4 Baths
Home size n/a
Lot Size 19,420 sqft
Days on Market 4
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

 

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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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