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MLS#5187544
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONMassillon
SCHOOLMassillon City
Property Description
Five-unit apartment building located at 18 5th St NE in Massillon offering approximately 3,203 square feet. Current gross rents total $2,415 per month with one unit vacant, equating to $28,980 in annualized gross income at current occupancy. Rent breakdown as follows: Unit 1 Rear $650; Unit 1AA $520; Unit 2 $670; Unit 3 $575. Tenants pay electric; owner pays water, sewer, trash, gas, and lawn care. Annual real estate taxes are $2,475.46. Electric is separately metered. Unit 3 is leased on a 12-month term through 2/28/27; the remaining occupied units are month-to-month. All units have been filled with new tenants since 2024. Units 3 and 4 have been recently renovated, and Units 1AA and 1 Rear were renovated in 2024. The building furnace was replaced in 2025 and the main plumbing stack was replaced in 2024, addressing major mechanical components. Property was built in 1901 and features on-street parking. Management is in place and willing to keep managing. Rent roll along with 2024, 2025, and year-to-date P&L statements are attached in supplements. Schedule your showing today!
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.09 Acres
Taxes: $2,476 / year
Year Built: 1901
Feature Descriptions
Days on Site: 13
Parcel#: 00605449
Parking: On Street
Sewer: Public Sewer
Units: 5
Water: Public
Local Schools
School District: Massillon City
Listed By / Shown By
Listed By
Agency Name: Stewardship Realty LLC
Agency Contact: tyler@stewardshiprealtyllc.com, 330-473-8187
Shown By
Agent Name: DeHOFF Commercial Real Estate
Agent Phone: (330) 499-8153
Agency Title: DeHOFF REALTORS
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18 5th Street Ne | MLS# 5187544
This commercial property located at 18 5th Street Ne, Massillon, OH 44646 is currently listed for sale with an asking price of $215,000. 5th Street Ne is located within the Massillon City school district. Search Massillon real estate on dehoffcommercial.dehoff.com today.