1636 Gibbs Ne Avenue, Canton, OH 44705

Canton
Local realty services provided by:Better Homes and Gardens Real Estate Central
1636 Gibbs Ne Avenue,Canton, OH 44705
$85,000
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  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: tal tamir
Office: russell real estate services
MLS#:5194079
Source:OH_NORMLS

Price summary

  • Price:$85,000

About this home

This occupied Canton single-family rental is a textbook turnkey addition to any cash flow portfolio. Currently generating $995/month on a month-to-month lease, the 3-bedroom, 1-bath home spans 1,348 square feet and delivers $7,606 in annual NOI at an 8.95% cap rate. At just $85,000 all-in, you're acquiring stabilized income at a price that leaves real room to build equity. With a tenant already in place and income flowing from day one, this is the kind of low-friction, high-yield asset serious investors line up for. The month-to-month lease structure gives an incoming owner maximum flexibility. Keep the tenant, renegotiate terms, or reposition as market conditions dictate. Either way, the asset pencils on day one. What elevates this from a solid single-buy to a genuine portfolio play is the companion opportunity. Four additional properties from the same seller are available simultaneously: 1432 Louisiana Ave NW and 316 Young Ave NE in Canton, plus 364 Campbell St and 677 Sharon...

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Home facts

  • Year built:1908
  • Listing ID #:5194079
  • Added:56 day(s) ago
  • Updated:May 13, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1908
  • Lot area:0.3 Acres
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$85,000
  • Tax amount:$1,489 (2025)

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:4
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