Home for Sale at 532 Portage Trail W in Cuyahoga Falls, OH for $915,000

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532 Portage Trail W | Cuyahoga Falls

$915,000 | 3 Beds | 2 Baths (2 Full) | 1,732 Sq. Ft.

RARE OPPORTUNITY IN RAPIDLY GROWING CUYAHOGA FALLS / AKRON CORRIDOR! A chance to acquire a strategically positioned assemblage of a multi-unit home or single family residence, along with additional parcels at the gateway to the growing Merriman Valley, offering exceptional development, investment, \u0026 income-producing potential. Benefiting from significant public infrastructure investment, incl recently installed public water \u0026 road expansion along Portage Trl, properties are primed for development opportunities. 16\u002B acres avail for expanded projects w/ addtn\u0027l adjacent land avail. Zoned R-3 w/ RM Overlay property offers flexibility for variety of residential \u0026 mixed-use concepts. Comprehensive soil testing completed by GPD w/ favorable results \u0026 valuable due diligence. Existing home offers multiple opportunities for immediate use \u0026 income generation. The home functions as a spacious single-family residence OR could be utilized as 2-unit multi-family w/ separate entrances, bathrooms, bedroom, kitchen, etc. Ideal for owner-occupant, investors, rental property , or those seeking cash flow while planning future development. Spanning nearly 3 acres, pond is approx. approx 4 ft deep, w/ max of 5 ft. This water feature creates an attractive setting but may also provide strategic advantages for development through stormwater management \u0026 run-off detention capabilities. Its prominent location creates exceptional branding, marketing, \u0026 long-term appreciation potential. Located adjacent to the transformative Merriman Valley-Schumacher Area, properties benefit from millions of dollars in planned public \u0026 private investment throughout the surrounding area. Investors, developers, \u0026 owner-occupants can establish a presence before the area\u0027s full appreciation cycle unfolds. Maps, zoning info, soil rpts, disclosures avail in supplements. Please do not walk the property without prior approval. Occupied home. MLSNow 5218078

Directions to property: From State Rd, travel towards the Merriman Valley. 532 is located on the left, with additional properties located along Northampton Rd and Dillon Drive.

MLS Listing ID: 
MLSNow 5218078
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$915,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Cuyahoga Falls
Address: 
532 Portage Trail W, Cuyahoga Falls, OH 44223
County: 
Summit
Latitude: 
41.1395330
Longitude: 
-81.5241060
Directions: 
From State Rd, travel towards the Merriman Valley. 532 is located on the left, with additional properties located along Northampton Rd and Dillon Drive.
Public Remarks: 
RARE OPPORTUNITY IN RAPIDLY GROWING CUYAHOGA FALLS / AKRON CORRIDOR! A chance to acquire a strategically positioned assemblage of a multi-unit home or single family residence, along with additional parcels at the gateway to the growing Merriman Valley, offering exceptional development, investment, \u0026 income-producing potential. Benefiting from significant public infrastructure investment, incl recently installed public water \u0026 road expansion along Portage Trl, properties are primed for development opportunities. 16\u002B acres avail for expanded projects w/ addtn\u0027l adjacent land avail. Zoned R-3 w/ RM Overlay property offers flexibility for variety of residential \u0026 mixed-use concepts. Comprehensive soil testing completed by GPD w/ favorable results \u0026 valuable due diligence. Existing home offers multiple opportunities for immediate use \u0026 income generation. The home functions as a spacious single-family residence OR could be utilized as 2-unit multi-family w/ separate entrances, bathrooms, bedroom, kitchen, etc. Ideal for owner-occupant, investors, rental property , or those seeking cash flow while planning future development. Spanning nearly 3 acres, pond is approx. approx 4 ft deep, w/ max of 5 ft. This water feature creates an attractive setting but may also provide strategic advantages for development through stormwater management \u0026 run-off detention capabilities. Its prominent location creates exceptional branding, marketing, \u0026 long-term appreciation potential. Located adjacent to the transformative Merriman Valley-Schumacher Area, properties benefit from millions of dollars in planned public \u0026 private investment throughout the surrounding area. Investors, developers, \u0026 owner-occupants can establish a presence before the area\u0027s full appreciation cycle unfolds. Maps, zoning info, soil rpts, disclosures avail in supplements. Please do not walk the property without prior approval. Occupied home.
Community Information
School District: 
Woodridge LSD - 7717
Subdivision: 
Northampton
Building Details
Details about the building on a property.
Architectural Style: 
Ranch
Stories: 
1
Year Built: 
1925
Living Area: 
1,732
Basement: 
Apartment,Full,Finished,Walk-Out Access
Construction
Construction Materials: 
Cedar
Foundation Details: 
Block
Roof: 
Asphalt,Fiberglass
Porch: 
Front Porch
Room Details
Details about the rooms in the building.
Total Bedrooms: 
3
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
See Remarks,Well
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
16.39
Lot Size (Area): 
16.39
View: 
Lake,Trees/Woods,Water
Lot Features
Parking Type: 
Attached,Garage,Garage Door Opener,Paved
Public Record
Parcel Number: 
3502204
Annual Tax: 
$7,220.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXP Realty, LLC.

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