2406 S Union Avenue, Alliance, OH 44601
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: justin b carroll
Office: keller williams legacy group realty
MLS#:5168713
Source:OH_NORMLS
Price summary
- Price:$320,000
- Price per sq. ft.:$229.56
About this home
The anchor property of a unique and profitable 3-property investment portfolio! This mixed-use building offers both residential and commercial income streams, creating a rare opportunity for strong, diversified cash flow. The front portion of the building features a 4-bedroom, 2-bath residential unit currently leased to college tenants. The rear section is a two-level commercial salon occupied by long-term tenants offering hair, nail, and massage services — providing stability and consistent weekly & monthly income. The layout and design of this property make it ideal for continued use as a mixed-use income producer, and the existing tenants create a seamless transition for the next owner. All three portfolio properties sit on the same block and share a large parking lot, providing ample parking and easy management for both residential and commercial tenants. The location is unbeatable — close to campus, shopping, dining, and major roadways — ensuring continued high demand and reliable occupancy. Perfect for investors seeking a proven performer or a 1031 exchange opportunity.
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Home facts
- Year built:1941
- Listing ID #:5168713
- Added:49 day(s) ago
- Updated:December 19, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,394 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1941
- Building area:1,394 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$320,000
- Price per sq. ft.:$229.56
- Tax amount:$3,968 (2024)
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