| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Best |
| Demographics | 66th | Best |
| Amenities | 46th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7451 Quail Hollow St NW, Massillon, OH, 44646, US |
| Region / Metro | Massillon |
| Year of Construction | 1980 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
7451 Quail Hollow St NW, Massillon OH Multifamily Investment
Neighborhood-level occupancy is strong and renter demand appears stable, according to WDSuite s commercial real estate analysis, with metrics referring to the surrounding area rather than this specific property.
Positioned in an Inner Suburb of the Canton Massillon metro, the neighborhood carries an A rating and ranks 7 out of 132 metro neighborhoods, placing it above the metro median. Based on CRE market data from WDSuite, neighborhood occupancy is high and in the top decile nationally, which supports income stability for multifamily assets; this refers to neighborhood conditions, not the subject property.
Renter concentration is moderate (share of housing units that are renter-occupied), indicating a workable depth of tenant demand without over-reliance on transient households. Median contract rents in the neighborhood sit on the lower end of national comparisons while rent-to-income is favorable, suggesting manageable affordability pressure that can aid retention and measured pricing power.
Amenity coverage is mixed: essential retail is competitive among Canton Massillon neighborhoods (grocery and pharmacy access rank within the stronger third of 132 neighborhoods and test above national medians), while leisure amenities such as parks and cafes are comparatively thin. For investors, this points to day-to-day convenience for residents with fewer discretionary destinations nearby, a common suburban profile.
Within a 3-mile radius, the population and household counts have grown in recent years and are projected to continue expanding through the forecast period, implying a gradually larger tenant base. Rising incomes within the same radius and elevated home values at the neighborhood level indicate a high-cost ownership market locally, which tends to sustain rental demand and support occupancy stability over time.
Comparable safety metrics for this neighborhood are limited in the current dataset. Investors often benchmark neighborhood trends against the broader Canton Massillon metro and peer Inner Suburb locations to evaluate exposure rather than relying on block-level assumptions. Where available, multi-year trend reviews typically provide better context for underwriting than single-period snapshots.
The area draws from a diversified Northeast Ohio employment base, with proximity to insurance, consumer goods, energy, and manufacturing offices that support steady renter demand and commute convenience.
- Erie Insurance Group insurance offices (3.2 miles)
- J.M. Smucker consumer packaged goods (14.3 miles) HQ
- Goodyear Tire & Rubber manufacturing & corporate (16.1 miles) HQ
- FirstEnergy utilities & corporate (17.8 miles) HQ
- International Paper Company paper & packaging (22.7 miles)
Built in 1980, the asset is somewhat older than the neighborhood s average vintage, which points to potential value-add or capital planning needs; upgrades can sharpen competitiveness against newer stock while leveraging strong neighborhood occupancy. According to CRE market data from WDSuite, the surrounding area s occupancy trends rank among the stronger cohorts in the metro and remain high versus national peers, a favorable backdrop for income durability.
Investor fundamentals are further supported by moderate renter concentration, accessible neighborhood rents relative to incomes, and a 3-mile radius showing ongoing population and household growth, which together suggest a durable tenant base and measured pricing power. Elevated ownership costs locally tend to sustain reliance on rental housing, while proximity to anchor employers reinforces leasing stability.
- High neighborhood occupancy supports income stability (neighborhood metric, not property-specific)
- 1980 vintage offers value-add and renovation upside with targeted capex
- Moderate renter-occupied share and growing 3-mile population expand the tenant base
- Accessible neighborhood rents versus incomes provide retention and pricing flexibility
- Risks: lean leisure amenities nearby and ongoing capital needs typical for 1980s assets