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

1944 Rowland Avenue NE, Canton, OH 44714

CommercialSale, Canton, OH

Property SizeContact for details
Lot Size1.89 Acres
Days on Market3

Property Features for 1944 Rowland Avenue NE

General Information

Property type Commercial Sale
Property subtype Apartment
Subdivision Canton
Elementary school district Canton CSD - 7602
Middle school district Canton CSD - 7602
High school district Canton CSD - 7602
Directions SR 43 to 20th St NE to Rowland
Standard status Active
APN 00227011
Lot size 1.89 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 27176,27177 WH EA
Tax Annual Amount 50765
Legal Description 27176,27177 WH EA

Utilities

Heating system Electric (Heating), Natural Gas

Building Details

Year built 1954
Number of units 48
Listing Agency: Keller Williams Legacy Group Realty · Keller Williams Realty
Listed By: Kristy Trentman · License #2019003291
Added: Sep 10 Last Checked: Sep 12 at 8:06AM
MLS# 5236316

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 multifamily portfolio includes 48 units across eight all-brick apartment buildings situated together on the same block. The unit mix includes two-bedroom townhomes, one-bedroom residences, and additional two-bedroom units, with one full bath in each unit and a combined total of 91 bedrooms. The properties were built in 1954 and have undergone extensive remodeling and improvements. Heating is provided through electric and natural gas systems.

The buildings are located at 1944 Rowland Avenue NE in Canton, Ohio, within a 1.887-acre assemblage. Centralizing the residences on one block creates a consolidated property layout for ownership and management. Tenant access is controlled through scheduled showings with 24-hour notice.

Key Highlights

  • 48 units across eight all‑brick apartment buildings
  • 91 total bedrooms across one- and two‑bedroom units
  • Unit mix includes two‑bedroom townhomes and one‑bedroom residences

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 renovated brick buildings provide a diversified mix of one- and two-bedroom residences on one block.
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 eight all‑brick apartment buildings; 91 total bedrooms across one- and two‑bedroom units; Unit mix includes two‑bedroom townhomes and one‑bedroom residences
More about this property
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