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1041 Clyde Ave 8 Unit Apartment Building $941,480 CAD ($117,685 CAD/Unit) Cuyahoga Falls, OH 44221
Investment Highlights
- Townhome-style design with individual entrances—no shared hallways
- Tenant-paid utilities for simplified expense management
- Proximity to downtown Akron and 30 minutes to Cleveland via I-77 and Route 8
- Two-bedroom, 1.5-bath units with laundry hookups and attached garages
- Conveniently located near major highways, shopping, and entertainment in Cuyahoga Falls
- Built in 1997, well-maintained property within an active suburban rental submarket
Executive Summary
Rare 8-Unit Townhome-Style Apartment Building in Cuyahoga Falls. Excellent investment opportunity!
This well-positioned 8-unit apartment building offers a highly desirable townhome-style layout, giving each resident the privacy and convenience of their own individual entrance — no shared lobby or interior hallway access needed. Each unit features approx. 1000 sq. ft. with 2 bedrooms, 1.5 baths, a private laundry hookup, and its own attached one-car garage, creating a comfortable and practical living experience that tenants appreciate. Residents also enjoy balcony space, which is great for relaxing, morning coffee, or unwinding at the end of the day.
Tenants are responsible for their own utilities, helping keep ownership expenses more manageable. With only one current vacancy, this property presents strong rental appeal and an opportunity for continued income stability. Located near a wide variety of shopping, dining, and everyday conveniences, the building is also situated in vibrant Cuyahoga Falls — a community known for its energy, summer events, entertainment, and welcoming atmosphere. This is a standout opportunity to own a multi-unit property with a layout and amenities that set it apart from traditional apartment buildings.
Please see MLS 5212566, 5212576 for additional apartment units for sale.
This well-positioned 8-unit apartment building offers a highly desirable townhome-style layout, giving each resident the privacy and convenience of their own individual entrance — no shared lobby or interior hallway access needed. Each unit features approx. 1000 sq. ft. with 2 bedrooms, 1.5 baths, a private laundry hookup, and its own attached one-car garage, creating a comfortable and practical living experience that tenants appreciate. Residents also enjoy balcony space, which is great for relaxing, morning coffee, or unwinding at the end of the day.
Tenants are responsible for their own utilities, helping keep ownership expenses more manageable. With only one current vacancy, this property presents strong rental appeal and an opportunity for continued income stability. Located near a wide variety of shopping, dining, and everyday conveniences, the building is also situated in vibrant Cuyahoga Falls — a community known for its energy, summer events, entertainment, and welcoming atmosphere. This is a standout opportunity to own a multi-unit property with a layout and amenities that set it apart from traditional apartment buildings.
Please see MLS 5212566, 5212576 for additional apartment units for sale.
Property Facts
| Price | $941,480 CAD | Building Class | C |
| Price Per Unit | $117,685 CAD | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 8,488 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1997 |
| Property Subtype | Apartment | Parking Ratio | 2.83/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $941,480 CAD |
| Price Per Unit | $117,685 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 8,488 SF |
| No. Stories | 2 |
| Year Built | 1997 |
| Parking Ratio | 2.83/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 02-07645 | Improvements Assessment | $209,531 CAD |
| Land Assessment | $50,077 CAD | Total Assessment | $259,608 CAD |
Property Taxes
Parcel Number
02-07645
Land Assessment
$50,077 CAD
Improvements Assessment
$209,531 CAD
Total Assessment
$259,608 CAD
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1041 Clyde Ave
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