532 Portage Trail W, Cuyahoga Falls, OH 44223
Local realty services provided by:CENTURY 21 Lakeside Realty
Listed by: jaime prenatt
Office: exp realty, llc.
MLS#:5218078
Source:OH_NORMLS
Price summary
- Price:$915,000
- Price per sq. ft.:$528.29
About this home
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, & income-producing potential. Benefiting from significant public infrastructure investment, incl recently installed public water & road expansion along Portage Trl, properties are primed for development opportunities. 16+ acres avail for expanded projects w/ addtn'l adjacent land avail. Zoned R-3 w/ RM Overlay property offers flexibility for variety of residential & mixed-use concepts. Comprehensive soil testing completed by GPD w/ favorable results & valuable due diligence. Existing home offers multiple opportunities for immediate use & 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 & run-off detention capabilities. Its prominent location creates exceptional branding, marketing, & long-term appreciation potential. Located adjacent to the transformative Merriman Valley-Schumacher Area, properties benefit from millions of dollars in planned public & private investment throughout the surrounding area. Investors, developers, & owner-occupants can establish a presence before the area's full appreciation cycle unfolds. Maps, zoning info, soil rpts, disclosures avail in supplements. Please do not walk the property without prior approval. Occupied home....
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Home facts
- Year built:1925
- Listing ID #:5218078
- Added:1 day(s) ago
- Updated:June 18, 2026 at 07:43 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Finished, Full, Walk Out Access
- Living area:1,732 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1925
- Building area:1,732 sq. ft.
- Lot area:16.39 Acres
- Lot Features:Wooded/Treed
- Architectural Style:Ranch
- Construction Materials:Cedar
- Exterior Features:Wooded
- Levels:2 Story
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$915,000
- Price per sq. ft.:$528.29
- Tax amount:$7,220 (2024)
Parking
- Parking description:Attached, Garage, Paved
- Garage:Yes
- Garage spaces:2
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