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Renovated Apartment Building with Garages
For Sale
$700,000

2114 Market Ave N, Canton, OH 44714

Updated systems and separate utility metering support efficient property operations.

Property Size9,002 SF
Price / SF$77.76
Days on Market62

Property Features for 2114 Market Ave N

General Information

Standard status Active
Size 9,002 SF
Total Parking Spaces 8
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 6 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 10

Building Details

Year Built 1957
Listing Agency: RE/MAX Edge Realty
Listed By: Christina Hoff · License #2024005572
Source: Groganzeiger
Added: Aug 7 Changed: Sep 12 Last Checked: Oct 7 at 1:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Edge Realty

Investment Insights

Based on property information with market context.

This 10-unit apartment building in Canton includes six 2-bedroom/1-bathroom apartments and four 1-bedroom/1-bathroom garden units. The property has been renovated, with updated mechanical systems throughout. Each garden unit is positioned above a single-car garage and the mechanical room, which contains a new boiler. The two-bedroom apartments each include a basement with washer and dryer.

Garage and storage components add practical utility. A separate 4-car garage provides additional parking or an income-use option. Gas and electric are separately metered and paid by tenants, while owner-paid services include water, sewer, and trash. The property is reported at 100 percent occupancy and was built in 1957, with shopping, the expressway, Ridgewood, and Colonial Heights nearby.

Key Highlights

  • 10‑unit apartment complex with 6 two‑bedroom and 4 one‑bedroom units
  • Renovated apartments with updated mechanical systems
  • 4 garden units sit above single‑car garages and a mechanical room

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby

Demographics for 44714, OH

8,923
Population
4,458
Households
2
Avg Household Size
42
Median Age
26%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
3,432
Density / Sq Mi
$57,583
Median Household Income
$37,238
Median Earnings
$901
Median Rent
$143,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated systems and separate utility metering support efficient property operations.
Where is this apartment building located?
The property is located at 2114 Market Ave N Canton, OH.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 10‑unit apartment complex with 6 two‑bedroom and 4 one‑bedroom units; Renovated apartments with updated mechanical systems; 4 garden units sit above single‑car garages and a mechanical room
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