Search
Townhouse-Style Multifamily with Garages
For Sale
$1,299,000

527 Ridge Ave Ne, New Philadelphia, OH 44663

Ten-unit residential income complex with townhome-style layouts and attached one-car garages.

Property SizeContact for details
Days on Market367

Property Features for 527 Ridge Ave Ne

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $8,175
Listing Agency: Century 21 Court Square Realty, Inc.
Listed By: Sharon E Hosfelt
Source: Exprealty
Added: Aug 17, 2025 Changed: Aug 8 Last Checked: Aug 17 at 7:59PM

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, Inc.

Investment Insights

Based on property information with market context.

AppleTree Terrace is an immaculately maintained 10-unit multifamily complex featuring eight townhouse-style units plus two additional units arranged as upper and lower. Each unit is equipped with electric heating and cooling, kitchen appliances, and full-size in-unit washers and dryers. All units include 9 attached one-car garages with openers, and many key interior elements have been refreshed with stain-resistant carpeting, oak trim, vinyl flooring, fresh paint, newer light fixtures, and updated curtain rods.

Outdoors, the property includes rear patios and decks, including decks for the upper and lower units. A secluded trash deck supports convenient operations. Exterior improvements feature brick accents, vinyl siding, and metal roofs, and the grounds are described as expertly landscaped.

This configuration offers a straightforward residential income setup with in-unit laundry and attached garage parking. Water heaters are leased, which is important for budgeting and expense planning. Financial information is available for qualified investors who want to review operating details and underwriting inputs.

Key Highlights

  • 10‑unit residential income complex with townhome‑style layouts
  • 8 townhouse‑style units plus 2 upper and lower units
  • Each unit has electric heating/cooling and includes kitchen appliances, full‑size washer and dryer

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Ten-unit residential income complex with townhome-style layouts and attached one-car garages.
Where is this apartment building located?
The property is located at 527 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 residential income complex with townhome‑style layouts; 8 townhouse‑style units plus 2 upper and lower units; Each unit has electric heating/cooling and includes kitchen appliances, full‑size washer and dryer
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message