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Duplex with Detached Barn
For Sale
$350,000

1532 Ellesmere Avenue NW, North Canton, OH 44720

ResidentialIncome, North Canton, OH

Property Size2,480 SF
Lot Size0.35 Acres
Price / SF$141.13
Days on Market46

Property Features for 1532 Ellesmere Avenue NW

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Half bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Basement, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Laundry Room
Parking features Garage, Driveway
Interior features BuiltInFeatures, EatInKitchen, OpenFloorplan, VaultedCeilings
Exterior features Balcony
Appliances Dishwasher, Range, Refrigerator
Subdivision North Canton
Elementary school district North Canton CSD - 7611
Middle school district North Canton CSD - 7611
High school district North Canton CSD - 7611
Directions Applegrove to Ellesmere
Standard status Active
APN 09206469
Size 2,480 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 5550 WH
Tax Annual Amount 3755
Legal Description 5550 WH

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1983
Floors in Building 2
Building materials Brick, VinylSiding
Roof type Asphalt, Fiberglass
Listing Agency: Keller Williams Legacy Group Realty · Keller Williams Realty
Listed By: Jamie M Kelley · License #2015000807
Added: Aug 23 Changed: Oct 6 Last Checked: Oct 7 at 12:06AM
MLS# 5239050

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.

This 1983 duplex contains 2,480 square feet on a 0.3529-acre lot. Interior features include built-ins, an eat-in kitchen, an open floor plan and vaulted ceilings. The property also has an oversized one-car garage and a 30-by-40-foot barn. Public water and sewer serve the property, and heating is by natural gas and forced air, with central air conditioning.

Recent work includes a roof and barn update in 2023, a new garage door on the main garage in 2025, and barn siding and garage-door replacements in 2025. The 1532 unit received new carpet, paint and a hot water tank in 2026; furnace replacements were completed in 2022 and 2026 for the two units, respectively.

Key Highlights

  • 2,480‑square‑foot duplex on a 0.3529‑acre lot
  • Detached 30‑by‑40‑foot barn
  • Oversized one‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,745
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,900 $414.9K
Cap Rate 7%
$296,357 $296.4K
Cap Rate 9%
$230,500 $230.5K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$30.7K $12.36/SF
− Vacancy
−$1.0K −$0.41/SF
EGI
$29.6K $11.95/SF
− OpEx
−$8.9K −$3.58/SF
NOI
$20.7K $8.36/SF
Area
Stark County, OH
Vacancy
3.32%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,900
Cap Rate 7%
$296,357
Cap Rate 9%
$230,500

Alternative Uses

Best Use
Multifamily LT 5
$296.4K
$259.3K – $345.8K (±1% cap)
NOI $20,745 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$259.5K
$227.1K – $302.7K (±1% cap)
NOI $18,164 @ 7.0% cap · market cap 5.19%
Theoretical Best
Retail
$647.5K
$566.6K – $755.4K (±1% cap)
NOI $45,325 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby

Demographics for 44720, OH

40,744
Population
17,988
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
97%
High-School Grad
34.3 sq mi
ZIP Area
1,188
Density / Sq Mi
$81,045
Median Household Income
$46,587
Median Earnings
$977
Median Rent
$233,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - The property combines two residential units with garage parking and a separate barn for additional utility.
Where is this duplex located?
The property is located at 1532 Ellesmere Avenue NW North Canton, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,480‑square‑foot duplex on a 0.3529‑acre lot; Detached 30‑by‑40‑foot barn; Oversized one‑car garage
More about this property
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