532 Portage Trail W, Cuyahoga Falls, OH 44223

• 3 beds |
• 2 baths |
• 1,732 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 7:18AM

Listing Office:

EXP Realty, LLC. : 866-212-4991

Listing Agent:

Jaime Prenatt : 330-571-2356

MLS ID:

5218078

Interior

• Laundry: In Basement
• Basement: ApartmentFullFinishedWalk-Out Access
• A/C: Central Air
• Heating: Forced AirGas
• Fireplace: FireplaceFireplaces: 1
• Disability Feature: None

Exterior

• General: Shed(s)
• Style: Ranch
• Other Structures: Shed(s)Front Porch
• Parking: AttachedGarageGarage Door OpenerPaved

Construction

• Roofing: AsphaltFiberglass
• General: Cedar1Block

Location

• Road/Access: Lakefront
• Originating MLS: NOWDD_NORM
• School District: Woodridge LSD - 7717
• County: Summit

Lot

• Zoning: LOT 39 S OF RD 6.160A3502204
• View: LakeTrees/WoodsWaterView

Utilities

• Water: See RemarksWell
• Sewer: Septic Tank

Financial

• Source: NOWDD_NORM