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Duplex-Style Multifamily Apartment Complex
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527-547 Ridge Ave. NE, New Philadelphia, OH 44663

Immaculately maintained 10-unit complex with remodeled duplex-style apartments, attached garages, and private patios or decks.

Property SizeContact for details
Days on Market57

Property Features for 527-547 Ridge Ave. NE

General Information

Standard status Active
Property subtype Special Purpose
Listing Agency: Century 21 Court Square Realty & Auction Inc
Listed By: Sharon Hosfelt · License #450331
Source: Crexi
Added: Jun 11 Changed: Jul 10 Last Checked: Aug 5 at 10:46AM

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 Century 21 Court Square Realty & Auction Inc

Investment Insights

Based on property information with market context.

Apple Tree Terrace is an immaculately maintained multifamily apartment complex with 10 units arranged in duplex-style buildings. Each building includes a one-car attached garage, with one exception that has an upper and lower unit configuration. Units are supported by electric heating and cooling, and the homes come with kitchen appliances, full-size washers and dryers included. All units have been remodeled, and many offer outdoor space in the form of patios or decks at the rear. The exterior is constructed with vinyl and brick, complemented by metal roofs. Water heaters are leased.

The property is located at 527-547 Ridge Ave. NE in New Philadelphia, Ohio. With multiple duplex-style buildings on-site, the layout provides a straightforward residential setup centered on attached garage access and in-unit laundry.

This offering is well suited for buyers seeking a small, fixed-configuration income property with turnkey, renovated unit interiors. The inclusion of appliances and full-size washers and dryers can simplify leasing and tenant move-in logistics, while the attached garage and rear patio or deck features support everyday livability for residents.

Key Highlights

  • 10‑unit apartment complex with duplex‑style buildings
  • Each duplex building includes a 1‑car attached garage (one building has an upper and lower unit)
  • All units have been remodeled

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Big Box & Wholesale Store Home Appliance Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 44663, OH

25,601
Population
11,702
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
96.2 sq mi
ZIP Area
266
Density / Sq Mi
$62,383
Median Household Income
$36,495
Median Earnings
$859
Median Rent
$177,100
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 - Immaculately maintained 10-unit complex with remodeled duplex-style apartments, attached garages, and private patios or decks.
Where is this apartment building located?
The property is located at 527-547 Ridge Ave. NE New Philadelphia, OH.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 10‑unit apartment complex with duplex‑style buildings; Each duplex building includes a 1‑car attached garage (one building has an upper and lower unit); All units have been remodeled
More about this property
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