1316 Saint Elmo Avenue NE, Canton, OH 44705 (MLS # 5257545)

Price $55,000
Status Active
Beds 3
Baths 1 Bath
Home size n/a
Lot Size 3,150 sqft
Days on Market 2
Advertised as a low-lift, turnkey-ready investment opportunity. The property features a functional 1,344 sq. ft. layout designed for low maintenance and strong long-term tenant retention. Main updates and foundational work are largely complete, requiring only minor cosmetic touch-ups (paint/surface touch-ups) before tenant placement. Additional highlights include a full unfinished basement for extra storage, public utilities (forced-air natural gas heat), and low holding costs. Investment Opportunity HighlightsLow Entry Price Point: At $55,000, it presents a very accessible barrier to entry for novice investors or seasoned landlords expanding a local portfolio. Minimal Rehab & Quick Turnaround: Because major systems are in place, holding costs and pre-occupancy downtime are minimized, accelerating cash-on-cash returns.Low Overhead: Annual property taxes sitting around $500 keep fixed operational expenses minimal, maximizing net operating income (NOI).Submarket Rent Potential: Single-family 3-bedroom rentals in Canton's 44705 zip code typically command solid market rents relative to purchase price, providing favorable cap rates and strong cash flow upside.
Property Type(s): Single Family
Last Updated 10/30/2026 Year Built 1916
County Stark

Additional Details

AIR None
BASEMENT Yes
CONSTRUCTION Wood Siding
HEAT Forced Air
LOT 3149 sq ft
PARKING On Street
SEWER Public Sewer
STORIES 2
STYLE Craftsman
TAXES 780
WATER Public

Location

 

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Listing provided by: Jeffrey Schultheis | 419-295-6771, Red 1 Realty, LLC., Jeff@JSREALTORTEAM.com, 419-295-6771

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: 11/1/26 10:13 AM PST


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