2114 Market Avenue North

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2114 Market Avenue North

Canton, OH 44714
Asking Price
$800K
Asset Type
Multifamily
Class
Class B

What's Special

2114 Market Avenue North is situated in the Vassar Park neighborhood of Canton, Ohio, positioned along a primary north-south thoroughfare. The surrounding area features a mix of established residential homes and local professional offices. The property is located less than one mile from the Pro Football Hall of Fame and the McKinley Presidential Library & Museum. Residents have immediate access to public transit via the SARTA bus line, which runs directly along Market Avenue. Daily conveniences, including grocery stores and the Malone University campus, are within a five-minute drive, while Interstate 77 is accessible two miles to the west. This location is suited for a conventional multifamily residential use, offering a central base for the local workforce. The asset is positioned to attract a tenant profile consisting of employees from major nearby institutions, including Aultman Hospital and Cleveland Clinic Mercy Hospital. Its proximity to downtown Canton and the Belden Village retail corridor also makes it a viable option for young professionals and small households seeking a commute-friendly location. The layout typically supports a mix of studio or one-to-two-bedroom configurations designed for long-term residential occupancy.

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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.55%
Monthly Payment
$3,957.469
Annual Cash Flow
$32,510.375

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