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$385,000 Just Listed

  • For Sale
  • Active
  • Apartment
  • Updated 1 day ago
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Five single-family rentals offered at just $77,000 per door with massive value-add upside. Three homes are tenant-occupied at $1,000/month each, while two vacant properties are ready for renovation and repositioning. Invest approximately $60,000 in strategic capex across the two vacant units, lease at market rents, and this portfolio delivers $72,000 in gross income, $49,200 NOI, and a 12.78% cap rate. The properties include 796 Sherman, 2465 28th St, 316 Young, 1636 Gibbs, and 1432 Louisiana. Solid craftsman-style construction, hardwood floors, and spacious layouts attract quality long-term tenants. Geographic diversification across Akron and Canton provides stability across two of Northeast Ohio's strongest rental markets. At $385,000 for 5 homes, you're buying well below replacement cost with built-in upside!

Full Property Details for 1432 Louisiana Ave

General

  • Price: $385,000
  • Taxes: $5,010 (2025)
  • Status: Active
  • Type: Apartment
  • Source: 505
  • MLS ID: 5183058
  • Updated: 1/26/2026
  • Added to Site: 1 day(s) ago

Location

  • County: Stark
  • Township: Canton
  • Subdivision: Chance
  • Driving Directions: 5 House Portfolio in Akron/Canton

School Information

  • Elem School District: Canton CSD - 7602
  • Midd School District: Canton CSD - 7602
  • High School District: Canton CSD - 7602

Heating & Cooling

  • Heating Type: Forced Air, Gas

Structural Information

  • Current Bldg. Use: Multi-Family
  • Year Built: 1916
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.359
  • Lot Size: .359
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $5,010
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 225332

Listed by Russell Real Estate Services, Tal Tamir

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Listing agent

— 1432 Louisiana Ave —

  • Tal Tamir

    Russell Real Estate Services

tal@premierclevelandinvesting.com, 216-870-8687

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 1432 Louisiana Ave

School District:Canton City School District
NameGradesDistance
Gibbs Elementary School
1320 Gibbs Avenue Northeast, Canton, OH 44705
3-51 mi
Clarendon Elementary School
412 Clarendon Avenue Northwest, Canton, OH 44708
3-51.4 mi
Crenshaw Middle School
2525 19th Street Northeast, Canton, OH 44705
6-82.2 mi
Mckinley High School, Canton, OH
2323 17th Street Northwest, Canton, OH 44708
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1432 Louisiana Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$385,000
516%
MLS
10/18/2023
Sold
$62,500
—
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 1432 Louisiana Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,015
27%
$22,160
70%
2023
$797
2%
$13,060
—
2022
$778
-1%
$13,060
—
2021
$786
21%
$13,060
36%
2020
$648
13%
$9,630
—
2018
$572
19%
$9,630
31%
2017
$481
—
$7,360
—
2016
$483
-1%
$7,360
—
2015
$486
2%
$7,360
8%
2014
$478
3%
$6,800
—
2013
$464
—
$6,800
—
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.

Estimate the Cost for 1432 Louisiana Ave

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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 Russell Real Estate Services, Tal Tamir

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2216 University Ave NW, Canton, OH 44709 - Photo 1 Sold
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2216 University Ave NW  Canton, OH 44709

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  • 5
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  • 3,862
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1432 Louisiana Avenue, Canton, OH 44703 (MLS# 5183058) is a Apartment property. 1432 Louisiana Avenue is currently listed for $385,000 and was received on January 26, 2026. Want to learn more about 1432 Louisiana Avenue? Do you have questions about finding other Apartment real estate for sale in Canton? You can browse all Canton real estate or contact a Coldwell Banker agent to request more information.

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