| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Good |
| Demographics | 39th | Fair |
| Amenities | 26th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1200 Valley St, Minerva, OH, 44657, US |
| Region / Metro | Minerva |
| Year of Construction | 1982 |
| Units | 68 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1200 Valley St, Minerva OH Multifamily Investment
Neighborhood occupancy trends are steady and sit slightly above national norms; according to WDSuite’s CRE market data, renter demand is supported by a meaningful renter-occupied share and accessible ownership costs in the Canton–Massillon metro.
Minerva sits in a rural pocket of the Canton–Massillon region, offering quieter surroundings with basic conveniences. Amenity access is mixed: parks and pharmacies track above national medians, while neighborhood counts of cafes and groceries are limited, pointing to a car-dependent lifestyle. Within the metro, overall amenity positioning is competitive among 132 neighborhoods rather than a top-tier concentration.
For investors, the neighborhood’s occupancy measures are a core signal: the area s multifamily occupancy is modestly above the national median, indicating stable tenant retention potential. The share of renter-occupied housing units ranks in the top quartile among 132 Canton–Massillon neighborhoods, suggesting a deeper tenant base to support leasing and renewals. Rent-to-income readings are near the national midpoint, implying manageable affordability pressure that can aid retention and limit turnover.
Within a 3-mile radius, recent demographic patterns show modest population growth alongside a larger increase in household counts and smaller average household sizes trends that typically expand the renter pool and support occupancy stability. Forward-looking projections indicate household counts could continue rising even if population contracts, reinforcing demand for rental units through smaller household formation and single-occupant households. Median home values are relatively accessible in regional context, which can create some competition with ownership, but also helps sustain steady renter demand for those prioritizing price and convenience.
The property s 1982 vintage is newer than the neighborhood s typical 1960s housing stock, which can improve competitive positioning versus older assets. Investors should still underwrite mid-life system updates or selective renovations to capture value-add potential and maintain leasing velocity against both older renovated stock and newer deliveries in the metro.
Comparable neighborhood crime data is not available in WDSuite for this location. Investors should benchmark conditions against nearby Canton–Massillon neighborhoods and supplement with local sources (police reports, property manager feedback) to assess resident experience and operating practices. Use trend and comparative context rather than block-level assumptions when evaluating security measures and budget.
Regional employers within commuting range help support workforce housing demand and leasing stability, including Erie Insurance Group, Goodyear Tire & Rubber, FirstEnergy, Norfolk Southern, and J.M. Smucker.
- Erie Insurance Group — insurance (18.9 miles)
- Goodyear Tire & Rubber — manufacturing (30.1 miles) — HQ
- FirstEnergy — utilities (32.7 miles) — HQ
- Norfolk Southern — rail & logistics offices (33.1 miles)
- J.M. Smucker — consumer goods (35.0 miles) — HQ
1200 Valley St offers a defensible workforce housing position supported by steady neighborhood occupancy, a top-quartile renter-occupied share within the Canton–Massillon metro, and household growth within a 3-mile radius that expands the tenant base. The 1982 construction is newer than much of the local housing stock, creating an opportunity to compete effectively with older assets while planning for targeted capital upgrades to boost durability and rentability.
According to CRE market data from WDSuite, neighborhood occupancy sits slightly above national norms and rent-to-income levels trend near the national midpoint, indicating balanced affordability that can support retention. Forward projections show smaller household sizes and additional households even with potential population contraction, which can sustain demand for rental units and underpin occupancy, while accessible home values argue for disciplined pricing and renovation strategy to maintain competitiveness.
- Stable neighborhood occupancy and a renter base that ranks in the metro s top quartile support leasing and renewals.
- 1982 vintage is newer than area averages, enabling value-add through selective modernization and systems planning.
- Household growth within 3 miles and smaller household sizes expand the tenant pool and support occupancy stability.
- Risk: rural amenity depth and accessible ownership options require disciplined pricing and asset management to protect absorption and retention.