1616 Bank Place SWCanton, OH 44706

1616 Bank Place SWCanton, OH 44706

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call for price Active
Residential - Single Family MLS 5214435 New to the Market
2 beds 1 full baths 1,024 sqft

Listed By

Agency Name: Kiko
Agency Contact: cmargelowsky@kikocompany.com, 330-801-7874

Shown By

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

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Property Description

Investment Opportunity! Residential Rental Portfolio - (8) Income Producing Properties, Buy 1 Or All. Live Onsite with Online Bidding. Absolute auction, all sells to the highest bidder(s). Auction Location: 2722 Fulton Dr., Canton, OH 44718. ONLINE BIDDING BEGINS TUESDAY, JUNE 9, 2026, AT 9:00 AM, AND AUCTION LIVE ON-SITE BIDDING WILL BEGIN WEDNESDAY, JUNE 10, 2026, AT 2:00 PM. 1616 Bank offers a turnkey income-producing property with a strong long-term tenant already in place, generating $1,100/month in rental income. This is a solid addition to any investor's portfolio with dependable cash flow from day one. Key features include a newer roof, updated electrical system, and a newer hot water tank. With a stable occupancy history, key mechanical updates have already been completed, and a well-maintained exterior setup, this property is positioned as a low-hassle, income-generating asset in a consistent rental market. Auction #1: 493 Bacon Ave, Akron, OH 44320. Auction #2: 1105 Oak Ave SE, Massillon, OH 44646. Auction #3: 638 Walnut Road SW, Massillon, OH 44647. Auction #4: 1149 Wertz Ave SW, Canton, OH 44646. Auction #5: 1616 Bank PL SW, Canton, OH 44706. Auction #6: 2314 Indiana Way NE, Canton, OH 44705. Auction #7: 1438 Rowland Ave NE, Canton, OH 44705. Auction #8: 2907 25th St NE, Canton, OH 44705. Note: To be offered multi-par, the highest bidder(s) can select one property, multiple, or all. Call the Auctioneer with questions. On-site and Online Bidding Available. All properties will be open for viewing on June 3rd.

1616 Bank Place SW | MLS# 5214435

This single family home located at 1616 Bank Place SW, Canton, OH 44706 is currently listed for sale with an asking price of call for price. This property was built in 1890 and has 2 bedrooms and 1 full baths with 1024 sq. ft. Bank Place SW is located in the City/Canton subdivision within the Canton City school district. Search City/Canton real estate on 28emohawkdrive.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 1
Heating: Gas
Home Style: Colonial
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $895 / year
Year Built: 1890

Feature Descriptions

Exterior: Frame
Fencing: Chain Link
Parcel#: 00209414
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Canton City

Source: Delta Media Group, Inc.

Demographics

Stark County Demographic Information for 1616 Bank Place SW, Canton, OH 44706
Fips
Fips Code 39151
Population
2020 to 2025 Change down 0.3%
2010 Count 375,586
2020 Count 374,853
2025 Estimate (V2025) 373,771
2020 Estimate (V2025) 374,864
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 21.3%
18 to 64 52.1%
65 and Older 21.4%
Gender
Male 48.9%
Female 51.1%
Place of Birth
Foreign 2.2%
US 97.8%
Education
High School Graduate, Age 25+ 93.2%
Bachelor's Degree or Higher, Age 25+ 25.9%
Computer and Internet use
Households with a computer 94.1%
Households with a broadband Internet subscription 87.4%
Language
English is Second Language, Age 5+ 3.1%
English is First Language, Age 5+ 96.9%
Veterans
Veterans 20,943
Income
Per Capita Income $36,762
Median Household Income $67,934
People in Poverty 12.4%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 167,998
Households 155,955
Average Household Size 2.35
Owner-Occupied 69.2%
Multi-Family 20.0%
Owner-Occupied Median Value $186,400
Median selected monthly owner costs -with a mortgage $1,336
Median selected monthly owner costs -without a mortgage $516
Median gross rent $909
Building Permits
New Private Housing Issued 2024 528
Years at Residence
1 Year or More 90.4%
Less Than 1 Year 9.6%
Business and Employment
Private non-farm Establishments 8,181
Private non-farm Employment 139,706
Private non-farm Employment Growth down 2.9%
Nonemployer Establishments 28,377
Number of Firms 6,052
Business Production
Value of Shipments $11,181,630,000
Wholesale Trade $3,874,927,000
Retail Trade $5,377,131,000
Retail Sales Per Capita $14,219
Accommodation and Food Services $745,822,000
Land
Land Area 575.27 sq. miles
Population Per Square Mile 653

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 74.58 per month $0.00 Principal & Interest $74.58 Property Tax $0.00 Homeowner's Insurance

Change Payment Information

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