Date
Details
Price
Change
Source
9/17/2026
Listed
$324,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/31
$324,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 550-554 Magnolia Ave
General
- Price: $324,000
- Taxes: $2,300 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5245660
- Updated: 9/17/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Additional Parking, Driveway, Garage
Location
- County: Summit
- Township: Cuyahoga Falls
- Subdivision: Tallmadge 01
- Driving Directions: From Tallmadge Rd., turn onto Magnolia Ave.
School Information
- Elem School District: Cuyahoga Falls CSD - 7705
- Midd School District: Cuyahoga Falls CSD - 7705
- High School District: Cuyahoga Falls CSD - 7705
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard, Electric, Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 2
- Construction: Stone, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Interior Entry, Concrete, Partially Finished, Bath/Stubbed, Walk-Out Access
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Year Built: 1940
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.4458
- Lot Size: .4458
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,300
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: TR 1 SUB 149 KAUFMAN .160A
- Property ID: 216941
Listed by Mosholder Realty Inc., Chelsea Reed
We Value Your Privacy
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Listing agent
— 550-554 Magnolia Ave —
Chelsea Reed
Mosholder Realty Inc.
330-633-5536, info@mosholder.com
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 550-554 Magnolia Ave
Tax History
Tax History for 550-554 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$444
—
$5,072
23%
2025
$444
—
$4,123
—
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
Estimate the Cost for 550-554 Magnolia Ave
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 1Total Bath
- 2,220Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,740Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,141Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 2,819Sq. Ft.
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- Single Family
- Closed
- Updated 10 days ago
- 3Beds
- 2Total Baths
- 1,656Sq. Ft.
550-554 Magnolia Avenue, Cuyahoga Falls, OH 44221 (MLS# 5245660) is a Triplex property with 8 bedrooms and 4 full bathrooms. 550-554 Magnolia Avenue is currently listed for $324,000 and was received on September 17, 2026. Want to learn more about 550-554 Magnolia Avenue? Do you have questions about finding other Triplex real estate for sale in Cuyahoga Falls? You can browse all Cuyahoga Falls real estate or contact a Coldwell Banker agent to request more information.