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$599,000 Just Listed

  • For Sale
  • Active
  • Apartment
  • Updated 7 hours ago
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Turnkey, income-producing 8-unit apartment complex in the heart of Canal Fulton. This fully occupied property delivers immediate cash flow with a proven rental history and stable tenant base. The unit mix includes four 1-bedroom and four 2-bedroom units, providing diversified rental income. Each unit features a private basement with laundry hookups--an added tenant convenience that supports retention and reduces shared maintenance. Operating efficiency is a key highlight: gas and electric are separately metered and paid directly by tenants, minimizing owner expenses. All units are equipped with central air conditioning, enhancing marketability and rental demand. The property includes two drive entrances and large paved parking area, offering ease of access and ample parking capacity. Well maintained and priced to sell, this is a strong addition to any portfolio--ideal for investors seeking immediate returns.

Full Property Details for 689 Colony Rd

General

  • Price: $599,000
  • Taxes: $7,731 (2025)
  • Status: Active
  • Type: Apartment
  • Source: 505
  • MLS ID: 5207162
  • Updated: Today (5/5/2026)
  • Added to Site: Today

Parking

  • Total Spaces: 22
  • Parking Features: Additional Parking, On Site

Location

  • County: Stark
  • Township: Canal Fulton
  • Driving Directions: Locust St to northeast on Market to slight left onto Colony.

School Information

  • Elem School District: Northwest LSD Stark- 7612
  • Midd School District: Northwest LSD Stark- 7612
  • High School District: Northwest LSD Stark- 7612

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt
  • Current Bldg. Use: Multi-Family
  • Year Built: 1981
  • Year Built Source: Public Records
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.615
  • Lot Size: .615
  • Lot Size Source: Assessor

Financial Considerations

  • Other Assoc Fees: $3,314
  • Tax Amount: $7,731
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 9501695

Listed by RE/MAX Showcase, Evonne M Snyder

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Listing agent

— 689 Colony Rd —

  • Evonne M Snyder

    RE/MAX Showcase

EvonneSnyder@Remax.net, 330-464-9699

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 689 Colony Rd

School District:Northwest Local School District, Canal Fulton, OH
NameGradesDistance
Northwest Primary School
8436 Erie Avenue Northwest, Canal Fulton, OH 44614
K-21.4 mi
W. S. Stinson Elementary School
8454 Erie Avenue Northwest, Canal Fulton, OH 44614
3-51.5 mi
Northwest Middle School, Canal Fulton, OH
8614 Erie Avenue Northwest, Canal Fulton, OH 44614
6-81.8 mi
Northwest High School, Canal Fulton, OH
8580 Erie Avenue Northwest, Canal Fulton, OH 44614
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 689 Colony Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Listed
$599,000
37.17%
MLS
1/29/2024
Sold
$436,700
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 689 Colony Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,607
54%
$174,690
62%
2023
$4,948
-1%
$107,800
—
2022
$5,004
1%
$107,800
—
2021
$4,966
5%
$107,800
10%
2020
$4,710
-4%
$98,010
—
2018
$4,888
-14%
$98,010
-6%
2017
$5,678
—
$103,780
—
2016
$5,662
2%
$103,780
—
2015
$5,568
—
$103,780
4%
2014
$5,576
-1%
$99,750
—
2013
$5,641
—
$99,750
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Showcase, Evonne M Snyder

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689 Colony Road, Canal Fulton, OH 44614 (MLS# 5207162) is a Apartment property. 689 Colony Road is currently listed for $599,000 and was received on May 05, 2026. Want to learn more about 689 Colony Road? Do you have questions about finding other Apartment real estate for sale in Canal Fulton? You can browse all Canal Fulton real estate or contact a Coldwell Banker agent to request more information.

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