Ohio Apartment buildings for sale

Updated: Oct 15

Mixed-Use Building with Apartments

7045-7049 Montgomery Road, Silverton, OH 45236

$949,000

9,528 sqft 0.25 AC lot

7 apartments: three 1‑bedroom, three 2‑bedroom, and one 3‑bedroom unit
Two retail storefronts in a 9,528‑square‑foot mixed‑use building
Fully leased apartments and retail spaces
Full basement with coin laundry
13 parking spaces; garage parking also listed

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Updated: Sep 28

6-Unit Apartment Building

99 Bowman Road, Chillicothe, OH 45601

$573,000

4,340 sqft 0.21 AC lot

Six apartments: four 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
4,340 square feet on a 0.209‑acre site
Private parking and shared laundry facility
Built in 1953
Forced‑air, natural gas heating and central air conditioning

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Multifamily Property with Private Entrances

1691 E 82nd Street, Cleveland, OH 44103

$610,000

6,559 sqft 0.22 AC lot

The flexible floor plan can be arranged as as many as six separate living spaces.

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12-Unit Apartment Building Portfolio

620672 620-672 Hagenbuch St, Urbana, OH 43078

$809,900

7,232 sqft 1.19 AC lot

Five-building apartment property with a mix of one- and two-bedroom units in Urbana, Ohio.

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18-Unit Brick Apartment Building

2662-2678 N Main Street, Dayton, OH 45405

$849,900

17,592 sqft 0.88 AC lot

Commercial-zoned multifamily property with recent major system upgrades and on-site parking.

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Seven-Unit Brick Townhouse Property

151 Grove Avenue, Dayton, OH 45404

$514,999

12,606 sqft 0.29 AC lot

Two-story residential income property with remodeled apartments, private entries, basement storage, and off-street parking.

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Six-Unit Apartment Buildings

2824 Haines Road, Madison, OH 44057

$549,990

7,297 sqft

Two-building multifamily property with fully occupied units, tenant utility inclusion, and varied apartment layouts.

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Apartment Building with Private Garages

1261-1275 Jacoby Rd, Akron, OH 44321

$850,000

6,760 sqft

Eight residential units feature two-bedroom layouts, individual laundry hookups, and patio or balcony space.

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19-Unit Apartment Building

5319 S Dixie Highway, Cridersville, OH 45806

$995,000

9,032 sqft

A mix of furnished and long-term units offers two rental configurations within the same property.

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Nine-Unit Brick Apartment Building

1 W Main Street, South Vienna, OH 45369

$630,000

7,775 sqft 0.13 AC lot

Fully occupied apartment property with updated units, in-unit appliances, and convenient access near I-70.

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8-Unit Apartment Building

10917 Bernard Ave, Cleveland, OH 44111

$675,000

11,139 sqft

Established apartment property with long-term tenants, consistent occupancy, and solid mechanical systems.

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Furnished Six-Unit Apartment Building

3394 Lodge Avenue, Dayton, OH 45414

$389,900

3,267 sqft 0.20 AC lot

Fully occupied furnished apartments offer long-term leases, included appliances, and individual one-bedroom layouts.

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Five-Unit Apartment Property

409 S Fountain Avenue, Springfield, OH 45506

$345,000

5,802 sqft 0.18 AC lot

Brick rental property with four apartments, a rear house, and attached garages near Springfield’s downtown district.

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Multibuilding Apartment Property

644 Hagenbuch St, Urbana, OH 43078

$809,900

7,232 sqft 1.19 AC lot

Five-building residential property with varied unit layouts, included appliances, and a mix of remodeled and improvement-ready apartments.

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Five-Unit Apartment Building

1830 Roslyn Avenue, Kettering, OH 45429

$485,000

4,377 sqft 0.39 AC lot

Fully occupied residential income property with a two-bedroom home, four additional units, utility reimbursements, and on-site parking.

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5-Unit Apartment Building with Garages

117 Monroe Street, Port Clinton, OH 43452

$389,000

3,234 sqft 0.06 AC lot

Renovated apartment property with occupied units and attached garage storage in downtown Port Clinton.

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Six-Unit Apartment Buildings

2824 Haines Road, Madison, OH 44057

$549,990

7,297 sqft 1.80 AC lot

Two-building multifamily property with fully occupied units, varied layouts, and some in-suite laundry.

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Historic Apartment Building with Commercial Unit

127 Miami Street, Urbana, OH 43078

$610,000

7,954 sqft

Federal-style brick property combines apartments, shared laundry, and a lower-level commercial space.

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Apartment Building With Covered Garage

2812 E 130th St, Cleveland, OH 44120

$950,000

6,800 sqft

Twenty-one-unit multifamily property with studio and one-bedroom apartments, resident laundry, and secured covered parking.

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Historic Apartment Building with Commercial Unit

127 Miami Street, Urbana, OH 43078

$610,000

7,954 sqft 0.14 AC lot

Five one-bedroom apartments share main-level laundry, with an unfinished upper unit and lower-level commercial space.

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Renovated Apartment Building with Garages

2114 Market Ave N, Canton, OH 44714

$700,000

9,002 sqft

Updated systems and separate utility metering support efficient property operations.

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9-Unit Brick Apartment Building

2646 N Moreland Boulevard, Cleveland, OH 44120

$790,000

0.31 AC lot

Apartments include a mix of one- and three-bedroom layouts, with shared basement laundry and appliances included.

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11-Unit Loft Apartment Buildings

13 E University Avenue, Cincinnati, OH 45219

$2,400,000

13,073 sqft

Two neighboring buildings offer varied apartment layouts with laundry available in-unit and on site.

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14-Unit Brick Apartment Building

4230 Ridge Road, Brooklyn, OH 44144

$1,100,000

0.33 AC lot

Apartments have individually metered utilities, with coin-operated laundry available on site.

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Ohio Apartment Buildings Market Trends and Statistics

Explore 435 apartment buildings for sale in Ohio, showcased through 435 active listings on our real estate platform. These investment opportunities span a total of 3,420,027 square feet of properties for sale, with an estimated market value of $380,521,649.

Sale prices for apartment complexes in Ohio start at $34,900, averaging $1,174,449, and reaching up to $19,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

How to Buy an Apartment Building in Ohio

A quick guide to apartment complex acquisitions.

Set strategy and build a team. Pick a turnkey-yield or value-add thesis, target growth markets, and build a team led by commercial brokers in Ohio backed by local market insights.

Master metrics and secure financing. Underwrite on NOI, cap rate, and cash flow (value = NOI ÷ cap rate), and match agency, bridge, or CMBS debt to a 1.25x DSCR.

Source and underwrite deals. Find pocket listings and direct-to-owner deals with below-market rents, build a conservative pro forma, and submit an LOI benchmarked to recently sold Ohio commercial comps.

Complete due diligence and close. Verify NOI from the T-12 and rent roll, walk every unit, audit leases and deposits. Then close into a single-purpose LLC.

Manage and create value. Choose self- or third-party management, force appreciation via renovations, RUBS, and ancillary income, and plan your refinance, sale, or hold exit.

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