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48-Unit Apartment Portfolio
For Sale
$3,264,000

1944 Rowland Avenue NE, Canton, OH 44714

Eight remodeled brick buildings offer centralized ownership with a mix of one- and two-bedroom layouts.

Property SizeContact for details
Days on Market8

Property Features for 1944 Rowland Avenue NE

General Information

Standard status Active
Property subtype Apartment

Additional Details

Multifamily Units 48

Taxes and HOA fees

Annual Taxes $50,765

Building Details

Year Built 1954
Buildings 8
Construction all-brick
Listing Agency: Keller Williams Legacy Group Realty
Listed By: Kristy Trentman · License #2019003291
Source: Asacoxhomes
Added: Sep 10 Changed: Sep 12 Last Checked: Sep 16 at 12:14PM

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 Keller Williams Legacy Group Realty

Investment Insights

Based on property information with market context.

This multifamily offering includes 48 units across eight brick buildings assembled on the same block. The unit mix includes one-bedroom apartments, two-bedroom apartments, and two-bedroom townhome layouts, with one full bath in each unit. The buildings date to 1954 and have undergone extensive remodeling and improvements.

The portfolio is located at 1944 Rowland Avenue NE in Canton, Ohio. Concentrating all eight buildings in one area creates a unified physical footprint for ownership and management. The asset includes 91 bedrooms across its varied residential configurations. Tenant access is controlled, with showings requiring 24-hour notice and subject to availability.

Key Highlights

  • 48 units across 8 brick buildings
  • 91 total bedrooms with one- and two‑bedroom layouts
  • Includes two‑bedroom townhome units

Property Analytics

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Current Use

My Bella Mane Cosmetic Store

Suggested Use

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

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

48
Residential units

Location Intelligence

Trade Area within ½ mile

280
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 - Eight remodeled brick buildings offer centralized ownership with a mix of one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 1944 Rowland Avenue NE Canton, OH.
What is the asking price?
The asking price for this property is $3,264,000.
What are key features of this property?
This property features: 48 units across 8 brick buildings; 91 total bedrooms with one- and two‑bedroom layouts; Includes two‑bedroom townhome units
More about this property
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