Active Under Contract
HotHot
House for sale at 550-554 Magnolia Ave, Cuyahoga Falls, OH 44221 | MLS# 5245660 | Listing updated on 2026-10-07
Photo 1 of House for sale at 550-554 Magnolia Ave, Cuyahoga Falls, OH 44221 | MLS# 5245660 | Listing updated on 2026-10-07
Photo 2 of House for sale at 550-554 Magnolia Ave, Cuyahoga Falls, OH 44221 | MLS# 5245660 | Listing updated on 2026-10-07
Photo 3 of House for sale at 550-554 Magnolia Ave, Cuyahoga Falls, OH 44221 | MLS# 5245660 | Listing updated on 2026-10-07
Photo 4 of House for sale at 550-554 Magnolia Ave, Cuyahoga Falls, OH 44221 | MLS# 5245660 | Listing updated on 2026-10-07
19+
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Street View

$324,000

Monthly Est:$1,613

  • Beds Icon8 Beds
  • Beds Icon
    4 Baths
  • Beds Icon--sqft

550-554 Magnolia Ave, Cuyahoga Falls, OH 44221

$1,613/moEst:

Get Pre-Approved

  • Triplex

  • Built in 1940

  • $-- HOA

  • 0.45 acre lot

  • --/sqft

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.

  • Houzeo last checked: 9 minutes ago
  • Listing updated: October 7, 2026 at 5:31 pm
  • Listing Provided by: Chelsea Reed (330) 696-9227 DRE #2025007630 | Mosholder Realty Inc. (330) 633-5536
  • Source: MLS Now-OH | MLS#: 5245660 MLS Now-OH

Property Details

  • Status

    Active Under Contract

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Summit County

  • City

    Cuyahoga Falls

  • Neighborhood

    --

  • Year Built

    1940

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    0.45 acre lot

  • Basement Area

    - sqft

  • MLS Name

    MLS Now

  • MLS Number

    5245660

  • MLS Status

    Contingent

  • Days on Market

    50

  • Cumulative Days on Market

    20

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 4

Interior

  • Heating

    Baseboard, Electric, Forced Air, Gas

  • Cooling

    Central Air

  • Appliances

    Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1940

  • Home type

    Triplex

  • Property Condition

    Updated Remodeled

  • Construction Materials

    Stone, Vinyl Siding

  • Roof

    Asphalt, Fiberglass

  • Foundation Details

    Block

Utilities & Energy

  • Water Source

    Public

  • Laundry Features

    In Basement

  • Parking Features

    Additional Parking, Driveway, Garage

  • Basement

    Finished, Interior Entry, Concrete, Partially Finished, Bath Stubbed, Walk Out Access

Other Features

  • Subdivision Name

    Tallmadge 01

Price History

DateEventPrice

10/07/2026

Source: mls_logoMLS Now-OH #5245660

Contingent (Active Under Contract)

$324,000

$0/sqft

09/17/2026

Source: mls_logoMLS Now-OH #5245660

Listed for Sale

$324,000

$0/sqft

Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Nov 07, 2026, 10:30AM. 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 Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed.
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