Turnkey income-producing triplex with immediate cash flow! Fully occupied and generating $2,055 per month ($24,660 annual gross income), this well-maintained property offers investors the opportunity to acquire a stabilized asset with income in place from day one. The building features three rental units totaling over 2,300 square feet, providing a strong addition to any investment portfolio. Tenant-paid utilities help maximize returns while minimizing operating expenses.
Conveniently located near shopping, dining, public transportation, and major commuter routes, this property continues to attract and retain tenants. Investors also have the unique opportunity to purchase an additional tenant-occupied single-family rental in Akron, creating the potential to expand their portfolio with multiple income-producing properties. Whether you're looking to grow your holdings, complete a 1031 exchange, or secure a cash-flowing asset in the Canton market, this fully leased triplex is worth a look. Financials available upon request. Reach out for possible owner financing terms.
Active
$120,000
512 Shorb Ave NW, Canton, OH 44703
4beds
2,388sqft
Triplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$50/sqft
$-- HOA
What's special
- 1 day
- 119
- 9
Zillow last checked:
Listing updated:
Listed by:
Joshua Cowan 234-230-2237 office@1stcavalryhomes.com,
1st Cavalry Homes Real Estate & Property Mgmt.
Source: MLS Now,MLS#: 5250624
Originating MLS: Other/Unspecificed
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Appliances
- Laundry: In Basement
Features
- Basement: Common Basement,Unfinished
Interior area
- Total structure area: 2,388
- Total interior livable area: 2,388 sqft
- Finished area above ground: 2,388
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,950 Square Feet
Details
- Parcel number: 00236491
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Updated/Remodeled
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: City/Canton
Location
- Region: Canton
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $81,900
- Annual tax amount: $1,263
- Date on market: 10/12/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Listed for sale | $120,000+20%$50/sqft |
Source: | ||
| 1/20/2025 | Sold | $100,000+0.1%$42/sqft |
Source: | ||
| 12/20/2024 | Pending sale | $99,900$42/sqft |
Source: | ||
| 11/8/2024 | Contingent | $99,900$42/sqft |
Source: | ||
| 11/6/2024 | Listed for sale | $99,900+399.5%$42/sqft |
Source: | ||
| 8/11/2000 | Sold | $20,000+316.7%$8/sqft |
Source: Public Record Report a problem | ||
| 8/25/1994 | Sold | $4,800$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,250 +53% | $28,670 +114.3% |
| 2023 | $817 +2.5% | $13,380 |
| 2022 | $797 -1% | $13,380 |
| 2021 | $805 +59.1% | $13,380 +3.6% |
| 2020 | $506 | $12,920 +51.8% |
| 2019 | $506 | $8,510 |
| 2018 | $506 -15.1% | $8,510 -6.9% |
| 2017 | $596 +7.5% | $9,140 +7.9% |
| 2016 | $555 -0.6% | $8,470 |
| 2015 | $558 | $8,470 -17.2% |
| 2014 | $558 +61.3% | $10,230 |
| 2013 | $346 | $10,230 |
| 2012 | -- | $10,230 -7.6% |
| 2011 | -- | $11,070 -0.9% |
| 2010 | -- | $11,170 |
| 2009 | $509 -6.1% | -- |
| 2008 | $542 +1.5% | -- |
| 2007 | $534 +17.9% | -- |
| 2005 | $453 -0.9% | -- |
| 2004 | $457 +22.5% | -- |
| 2003 | $373 +10% | -- |
| 2002 | $339 +0.3% | -- |
| 2001 | $338 -4.2% | -- |
| 2000 | $353 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Summit
Nearby schools
Schools provided by the listing agent
- District: Canton CSD - 7602
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






