550-554 Magnolia Avenue, Cuyahoga Falls, OH, 44221

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$324,000
22 Days On Site

550-554 Magnolia Avenue
Cuyahoga Falls, OH 44221

For Sale|Triplex|Active Under Contract
8
Beds
4
Total Baths
4
Full Baths
1940
Built
Subdivision:
Tallmadge 01
County:
Summit
Call Now: 330-440-3253
Is this the listing for you? We can help make it yours.
330-440-3253
550-554 Magnolia Avenue550-554 Magnolia Avenue550-554 Magnolia Avenue550-554 Magnolia Avenue
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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.

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Listing Snapshot
Price 
$324,000
Days On Site 
22 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.4458 Acres
Year Built 
1940
MLS® Number 
5245660
Status 
Active Under Contract
Property Tax 
$2,300
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoStatus changed to Active Under Contract
3 days agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.4458
Foundation 
Block
Garage 
Yes
Garage Spaces 
1
Levels 
Two
Parking 
Additional ParkingDrivewayGarage
Property Condition 
Updated/Remodeled
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Appliances 
DryerDishwasherDisposalMicrowaveRangeRefrigeratorWasher
Basement 
FinishedInterior EntryConcretePartially FinishedBath/StubbedWalk-Out Access
Cooling 
Central Air
Heating 
Natural GasBaseboardElectricForced Air
Laundry Features 
In Basement
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Exterior Features
Construction Details 
StoneVinyl Siding
Roof 
AsphaltFiberglass
Community Features
School District 
Cuyahoga Falls CSD - 7705
Township 
Cuyahoga Falls
Schools
School District
Cuyahoga Falls CSD - 7705
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Chelsea Reed of Mosholder Realty Inc.



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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