Remodeled 10-Unit Apartment
New
For Sale
$1,125,000
527 Ridge Avenue NE, New Philadelphia, OH 44663
CommercialSale, New Philadelphia, OH
Property SizeContact for details
Lot Size1.22 Acres
Days on Market4
Property Features for 527 Ridge Avenue NE
General Information
Property type
Commercial Sale
Property subtype
Apartment
Elementary school district
New Philadelphia CSD - 7906
Middle school district
New Philadelphia CSD - 7906
High school district
New Philadelphia CSD - 7906
Directions
I-77. Exit B1 toward OH9E/ US 250/ West High. Stay on West High to a slight left onto Beaver Street (US 39). Continue right on Ridge Avenue. Property is on the left.
Standard status
Active
APN
4304282000
Lot size
1.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
2 8 1 PR VINEYARD 1.217A
Tax Annual Amount
7143
Legal Description
2 8 1 PR VINEYARD 1.217A
Utilities
Heating system
Electric (Heating)
Amenities
private patios and decks
scenic walking trails
trash deck
landscaped grounds
in-unit washer/dryer
Building Details
Year built
1998
Listing Agency:
Century 21 Court Square Realty, Inc. · Century 21 Real Estate
(740) 622-3731
Listed By:
Jodie L Meek · License #2014002960
(740) 502-8890
Added: Sep 21
Changed: Sep 22
Last Checked: Sep 24 at 4:06AM
MLS# 5246828
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Apple Tree Terrace is a 10-unit apartment community built in 1998 on 1.217 acres. The unit mix includes eight townhouse-style residences and two upper-and-lower units. Each apartment has electric heating and cooling, kitchen appliances, a full-size washer and dryer, and access to a private patio or deck. Nine units include an attached one-car garage with an opener.
Interior improvements include stain-resistant carpeting, oak trim, vinyl flooring, updated paint, light fixtures, and curtain rods. The property also features brick accents, vinyl siding, metal roofs, landscaped grounds, and a dedicated trash deck. The outdoor areas overlook walking trails, while the two upper-and-lower units have their own decks. Water heaters are leased.
Interior improvements include stain-resistant carpeting, oak trim, vinyl flooring, updated paint, light fixtures, and curtain rods. The property also features brick accents, vinyl siding, metal roofs, landscaped grounds, and a dedicated trash deck. The outdoor areas overlook walking trails, while the two upper-and-lower units have their own decks. Water heaters are leased.
Key Highlights
- 10‑unit apartment community on 1.217 acres
- Eight townhouse‑style units plus two upper‑and‑lower units
- Nine attached 1‑car garages with openers
Property Analytics
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Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 44663, OH
25,601
Population
11,702
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
96.2 sq mi
ZIP Area
266
Density / Sq Mi
$62,383
Median Household Income
$36,495
Median Earnings
$859
Median Rent
$177,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated multifamily community with townhouse-style residences, private outdoor areas, and attached garage parking.
Where is this apartment building located?
The property is located at 527 Ridge Avenue NE New Philadelphia, OH.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: 10‑unit apartment community on 1.217 acres; Eight townhouse‑style units plus two upper‑and‑lower units; Nine attached 1‑car garages with openers
