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Seven-Story Apartment Portfolio
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1718 Market Avenue North, Canton, OH 44714

Two nearby communities offer studio, one-, and two-bedroom layouts with elevators, laundry facilities, and surface parking.

Property Size82,750 SF
Price / SF$67.61
Days on Market124

Property Features for 1718 Market Avenue North

General Information

Standard status Active
Size 82,750 SF
Elevators Yes
Property subtype Multifamily
Occupancy 90%
Investment Type Value Add
Net Operating Income $449,206

Additional Details

Multifamily Units 102

Amenities

secured entry access
on-site laundry facilities
community rooms
covered garage parking
door-to-door trash service
picnic area
fitness center

Building Details

Year Built 1965
Buildings 2
Stories 7
Units 102
Listing Agency: Charles Hart Real Estate
Listed By: Andy Bowen · License #SAL.2016000804
Source: Crexi
Added: Apr 30 Changed: Aug 31 Last Checked: Aug 30 at 11:35PM

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 Charles Hart Real Estate

Investment Insights

Based on property information with market context.

This 102-unit apartment portfolio includes Embassy Apartments and Diplomat Apartments, two seven-story mid-rise buildings constructed in 1965 and positioned within walking distance of one another. Embassy occupies 1.22 acres, while Diplomat occupies 1.09 acres. The unit mix includes studios, one-bedroom apartments, and two-bedroom apartments ranging from approximately 683 to 963 square feet. Each residence includes a kitchen equipped with an electric stove and refrigerator.

Property amenities include secured entry, elevators, on-site laundry, community rooms, and surface parking at both communities. Diplomat adds covered garage parking, door-to-door trash service, and a picnic area, while Embassy includes a fitness center. Residents pay electricity; ownership currently covers gas at Embassy, water/sewer, and trash.

The properties are located in Canton, Ohio, near the NFL Hall of Fame and Gervasi Vineyard Resort & Spa. Canton provides access to Akron and Cleveland and includes employment centers such as Aultman Health, Cleveland Clinic Mercy Hospital, and Metallus.

Key Highlights

  • 102‑unit portfolio with two seven‑story mid‑rise apartment buildings
  • Embassy sits on 1.22 acres; Diplomat occupies 1.09 acres
  • Studio, one-, and two‑bedroom units range from approximately 683 to 963 square feet

Property Analytics

Current Use

Embassy Apartments Apartment Building

Suggested Use

Top Pick Hair Salon Real Estate Agency Parking Lot & Garage Spa & Massage Center Nail Salon 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

102
Residential units

Location Intelligence

Trade Area within ½ mile

518
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

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 - Two nearby communities offer studio, one-, and two-bedroom layouts with elevators, laundry facilities, and surface parking.
Where is this apartment building located?
The property is located at 1718 Market Avenue North Canton, OH.
What is the asking price?
The asking price for this property is $5,595,000.
What are key features of this property?
This property features: 102‑unit portfolio with two seven‑story mid‑rise apartment buildings; Embassy sits on 1.22 acres; Diplomat occupies 1.09 acres; Studio, one-, and two‑bedroom units range from approximately 683 to 963 square feet
(304) 416-0310 Call to check price and availability
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