242 Orchard AvenueCuyahoga Falls, OH 44221

242 Orchard AvenueCuyahoga Falls, OH 44221

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$279,900 Active
Multi Unit - Multiple MLS 5188531

Listed By

Agency Name: EXP Realty, LLC.
Agency Contact: pete@21hillrealestate.com, 216-318-7259

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Rare opportunity in Cuyahoga Falls to own a true multifamily setup featuring two single-family homes on one parcel. Whether you're an investor looking for strong rental potential or an owner-occupant wanting to offset your mortgage, this property checks every box. The Front house is a 2 bed 1 bath and the rear house is a 3 bed 1 bath with a fenced in back yard. Both homes have been completely remodeled and offer a turnkey experience. Major updates include roofs within the last five years, newer furnaces, and newer hot water tanks. New vinyl windows and new exterior doors provide efficiency and curb appeal. Inside, both homes feature fully renovated kitchens with soft-close cabinetry, new appliance suites including dishwashers, and durable vinyl plank flooring throughout. The front home includes a new tub and surround, and both units have been freshly painted from top to bottom. A major bonus: all utilities, including water and sewer, are separately metered. Also, both houses have their own washer and dryer hookups. This is a clean, fully updated, low-maintenance property ready to perform from day one.

242 Orchard Avenue | MLS# 5188531

This multi-family property located at 242 Orchard Avenue, Cuyahoga Falls, OH 44221 is currently listed for sale with an asking price of $279,900. Orchard Avenue is located within the Cuyahoga Falls City school district. Search Cuyahoga Falls real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Days on Market: 2
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,892 / year
Year Built: 1918

Feature Descriptions

Appliances: Dishwasher, Range, Refrigerator
Exterior: Vinyl Siding
Laundry: In Unit
Parcel#: 0203408
Parking: Asphalt, Off Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cuyahoga Falls City

Demographics

Summit County Demographic Information for 242 Orchard Avenue, Cuyahoga Falls, OH 44221
Fips
Fips Code 39153
Population
2020 to 2023 Change down 0.9%
2010 Count 541,781
2020 Count 540,428
2023 Estimate (V2023) 535,733
2020 Estimate (V2023) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.5%
18 to 64 54.6%
65 and Older 19.7%
Gender
Male 48.8%
Female 51.2%
Place of Birth
Foreign 5.5%
US 94.5%
Education
High School Graduate, Age 25+ 92.5%
Bachelor's Degree or Higher, Age 25+ 34.6%
Computer and Internet use
Households with a computer 93.6%
Households with a broadband Internet subscription 89.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 27,960
Income
Per Capita Income $40,786
Median Household Income $68,360
People in Poverty 12.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 228,635
Average Household Size 2.32
Owner-Occupied 66.9%
Multi-Family 22.4%
Owner-Occupied Median Value $182,500
Median selected monthly owner costs -with a mortgage $1,405
Median selected monthly owner costs -without a mortgage $562
Median gross rent $956
Building Permits
New Private Housing Issued 2023 685
Years at Residence
1 Year or More 87.9%
Less Than 1 Year 12.1%
Business and Employment
Private non-farm Establishments 13,393
Private non-farm Employment 241,278
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 42,765
Number of Firms 48,524
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,771.60 per month $1,365.63 Principal & Interest $324.33 Property Tax $81.64 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage