318 N Pardee Street
UNIT A
UNIT A
UNIT B
UNIT C
318 N Pardee Street photo 6
6 photos

$275,000

318 N Pardee Street
Wadsworth, OH 44281
Listed by Joan Elflein · Ohio Broker Direct
Bedrooms
4
Bathrooms
3
Living area
2,124 sqft
Year built
1900

About this home

This well maintained triplex presents an outstanding investment opportunity in the heart of Wadsworth, offering immediate rental income and long term value. The property features 3 self contained residential units, each with a private full bathroom, making it attractive to investors and owner occupants seeking supplemental income. The unit mix includes a studio apartment, a one bedroom apartment, and a spacious two bedroom apartment, appealing to a broad tenant base. Shared laundry facilities in the basement add convenience, while 6 dedicated off street parking spaces provide a valuable amenity. Multiple income streams help reduce vacancy risk and support stable cash flow. Whether expanding a multifamily portfolio or purchasing a first investment property, this triplex offers strong rental demand and income producing potential. Located in Medina County, Wadsworth is one of Northeast Ohio's most desirable communities, known for its small town charm, strong economy, and convenient access to major employment centers. Situated approximately 30 minutes from Cleveland and Akron, the city attracts residents seeking a high quality lifestyle with easy accessibility. Strong schools and community amenities continue to support long term market stability. It is located just minutes from downtown Wadsworth, near restaurants, shopping, professional services, and entertainment. The historic downtown district, centered around Broad Street and the public square, features locally owned businesses, farmers markets, seasonal festivals, and community events throughout the year. Residents also enjoy access to local parks and the Wadsworth Community Center. The highly regarded Wadsworth City School District further enhances the area's appeal. Combining a prime location, diversified rental income, desirable amenities, and access to one of Medina County's strongest communities, this property represents an excellent opportunity for investors and owner occupants alike.

Property details

MLS #
5234948
Property type
Triplex
Subdivision
City/Wadsworth
Status
Active
Days on market
N/A
On market date
N/A
Stories
2
Garage spaces
N/A
Lot size
0.1218 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Lincoln Elementary School
0.17 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
226
Student:teacher ratio
20.5:1
District
Wadsworth City
Middle
Central Intermediate School
0.54 mi away · Grades 4-6
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
645
Student:teacher ratio
19.0:1
District
Wadsworth City
High
Wadsworth High School
1.28 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,587
Student:teacher ratio
19.8:1
District
Wadsworth City

Mortgage calculator

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Est. monthly payment
$1,806/mo
$55,000 down
$220,000 loan
Principal & interest$1,427
Property tax (est.)$229
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 9 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.