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Duplex with Detached Barn
New
For Sale
$349,900

1532 Ellesmere Avenue NW, North Canton, OH 44720

ResidentialIncome, North Canton, OH

Property Size1,240 SF
Lot Size0.35 Acres
Price / SF$282.18
Days on Market2

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 Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 2, Laundry Room, Basement, Bathroom 1, Bathroom 2, Bedroom 3
Parking features Driveway, Garage
Interior features BuiltInFeatures, EatInKitchen, OpenFloorplan, VaultedCeilings
Exterior features Balcony
Appliances Dishwasher, Microwave, Range, Refrigerator
Subdivision North Canton
Lot features Back Yard, Few Trees
Elementary school district North Canton CSD - 7611
Middle school district North Canton CSD - 7611
High school district North Canton CSD - 7611
Directions apple grove to ellesmere.
Standard status Active
APN 09206469
Size 1,240 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 Forced Air, Natural Gas
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: Oct 24 Changed: Oct 25 Last Checked: Oct 25 at 8:06PM
MLS# 5255933

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.

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Investment Insights

Based on property information with market context.

This duplex at 1532 Ellesmere Avenue NW includes an open-concept layout, eat-in kitchen, living room, family room, built-in features, and vaulted ceilings. The listing describes two bedrooms and one and a half bathrooms, without specifying whether those counts apply to each unit or the property as a whole. An oversized one-car garage and a 30-by-40-foot barn provide additional enclosed space.

Updates include a roof and barn work in 2023, a garage door replacement in 2025, and barn siding and garage door work in 2025. The 1532 unit received new carpet, paint, and a hot water tank in 2026. Furnace updates include one in 2022 and another in the 1534 unit in 2026. The property was built in 1983 and has public water and sewer.

Key Highlights

  • Duplex with a 30‑by‑40‑foot barn
  • Oversized one‑car garage
  • Roof and barn updates completed in 2023

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,372
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$207,440 $207.4K
Cap Rate 7%
$148,171 $148.2K
Cap Rate 9%
$115,244 $115.2K
Market Conditions
NOI Build-Up for 1,240 SF
Gross rent
$15.3K $12.36/SF
− Vacancy
−$509 −$0.41/SF
EGI
$14.8K $11.95/SF
− OpEx
−$4.4K −$3.58/SF
NOI
$10.4K $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%
$207,440
Cap Rate 7%
$148,171
Cap Rate 9%
$115,244

Alternative Uses

Best Use
Multifamily LT 5
$148.2K
$129.7K – $172.9K (±1% cap)
NOI $10,372 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$129.7K
$113.5K – $151.4K (±1% cap)
NOI $9,082 @ 7.0% cap · market cap 2.60%
Theoretical Best
Retail
$323.8K
$283.3K – $377.7K (±1% cap)
NOI $22,663 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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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

Frequently Asked Questions

What type of property is this?
Duplex - The property includes a garage and a separate barn with substantial storage space.
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 $349,900.
What are key features of this property?
This property features: Duplex with a 30‑by‑40‑foot barn; Oversized one‑car garage; Roof and barn updates completed in 2023
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