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    Norwalk, OH Apartment Buildings for Sale

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    Milan, OH Monroeville, OH Bellevue, OH Fairfield, OH Berlin Heights, OH Willard, OH Sandusky, OH Wakeman, OH
    12-Unit Multifamily Apartment Building
    Updated: Apr 13, 2025
    12-Unit Multifamily Apartment Building

    5148 MILAN Avenue, Norwalk, OH 44857

    $499,000
    12‑unit apartment building (mostly 1‑bedroom units) in Norwalk, OH
    Each unit includes its own range and refrigerator (12 of each)
    Two‑zone boiler heating system
    Dual 250‑gallon hot water tanks
    Long‑term tenants reported in place
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 1 Active listings in Norwalk, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Investment Building
    Multifamily Investment Building

    701 Hancock Street, Sandusky, OH 44870

    $375,000
    8,400 sqft

    Multifamily building with recent exterior improvements and an upstairs area gutted and ready for redevelopment.

    View details
    Mixed-Use Property with Outbuilding
    Mixed-Use Property with Outbuilding

    45445 Us Highway 20, Oberlin, OH 44074

    $700,000

    Fully leased property combines residential apartments, commercial space, and private laundry across a 3.25-acre site.

    View details
    Multifamily Rental Property
    Multifamily Rental Property

    217-221 Scott St, Sandusky, OH 44870

    Contact for pricing
    2,520 sqft

    Five fully rented units on two parcels with paved parking and no A/C, sold as-is.

    View details
    Multifamily Property with 11 Units
    Multifamily Property with 11 Units

    540 W College St, Oberlin, OH 44074

    Contact for pricing

    Multifamily property featuring 11 units, available for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Off-Market Properties in Norwalk, OH

    Consider similar Off-Market properties in Norwalk, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    56 Cline St
    APARTMENT HOUSE (UNDER 5 UNITS)

    56 Cline St, Norwalk, OH 44857-1008

    Value Estimation by Request
    3,600 sqft 0.42 AC lot
    View details
    60 Elm St
    APARTMENT HOUSE (UNDER 5 UNITS)

    60 Elm St, Norwalk, OH 44857-2189

    Value Estimation by Request
    1,090 sqft 0.86 AC lot
    View details
    25 Townsend Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    25 Townsend Ave, Norwalk, OH 44857-2282

    Value Estimation by Request
    600 sqft 0.27 AC lot
    View details
    62 Prospect St
    APARTMENT HOUSE (UNDER 5 UNITS)

    62 Prospect St, Norwalk, OH 44857-1500

    Value Estimation by Request
    576 sqft 0.21 AC lot
    View details
    116 Seminary St
    APARTMENT HOUSE (UNDER 5 UNITS)

    116 Seminary St, Norwalk, OH 44857-2168

    Value Estimation by Request
    768 sqft 0.19 AC lot
    View details
    4385 Gibbs Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    4385 Gibbs Rd, Norwalk, OH 44857-9113

    Value Estimation by Request
    1,760 sqft 0.42 AC lot
    View details
    56 State St
    APARTMENT HOUSE (UNDER 5 UNITS)

    56 State St, Norwalk, OH 44857-1457

    Value Estimation by Request
    1,386 sqft 0.18 AC lot
    View details
    204 Cleveland Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    204 Cleveland Rd, Norwalk, OH 44857-9023

    Value Estimation by Request
    1,076 sqft 0.27 AC lot
    View details
    79 Old State S Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    79 Old State S Rd, Norwalk, OH 44857

    $675,000
    Estimated value
    2,400 sqft 5.15 AC lot
    View details
    14 Townsend Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    14 Townsend Ave, Norwalk, OH 44857-2220

    Value Estimation by Request
    1,316 sqft 1.64 AC lot
    View details
    28 Lee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    28 Lee Ave, Norwalk, OH 44857-1756

    Value Estimation by Request
    1,904 sqft 0.49 AC lot
    View details
    60 Townsend Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    60 Townsend Ave, Norwalk, OH 44857-2299

    Value Estimation by Request
    2,996 sqft 0.90 AC lot
    View details
    19 Grand Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    19 Grand Ave, Norwalk, OH 44857-1078

    Value Estimation by Request
    2,100 sqft 1.99 AC lot
    View details
    57 Baker St
    APARTMENT HOUSE (UNDER 5 UNITS)

    57 Baker St, Norwalk, OH 44857-1358

    Value Estimation by Request
    1,092 sqft 0.75 AC lot
    View details
    57 Baker St
    APARTMENT HOUSE (UNDER 5 UNITS)

    57 Baker St, Norwalk, OH 44857-1358

    Value Estimation by Request
    2,016 sqft 1.85 AC lot
    View details
    57 Baker St
    APARTMENT HOUSE (UNDER 5 UNITS)

    57 Baker St, Norwalk, OH 44857-1358

    Value Estimation by Request
    2,016 sqft 1.77 AC lot
    View details
    101 Parsons St
    APARTMENT HOUSE (UNDER 5 UNITS)

    101 Parsons St, Norwalk, OH 44857-1165

    Value Estimation by Request
    2,752 sqft 1.92 AC lot
    View details
    75 Townsend Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    75 Townsend Ave, Norwalk, OH 44857-2275

    Value Estimation by Request
    2,742 sqft 0.25 AC lot
    View details
    50 Old State S Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    50 Old State S Rd, Norwalk, OH 44857-2292

    Value Estimation by Request
    1,944 sqft 0.80 AC lot
    View details
    251 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    251 Main St, Norwalk, OH 44857-1992

    Value Estimation by Request
    1,728 sqft 4.00 AC lot
    View details
    39 Seminary St
    APARTMENT HOUSE (UNDER 5 UNITS)

    39 Seminary St, Norwalk, OH 44857-2070

    Value Estimation by Request
    944 sqft 0.20 AC lot
    View details
    12 Foster St
    APARTMENT HOUSE (UNDER 5 UNITS)

    12 Foster St, Norwalk, OH 44857-1502

    Value Estimation by Request
    1,344 sqft 0.07 AC lot
    View details
    17 State St
    APARTMENT HOUSE (UNDER 5 UNITS)

    17 State St, Norwalk, OH 44857-1470

    Value Estimation by Request
    1,762 sqft 0.36 AC lot
    View details

    Norwalk, OH Apartment Buildings Market Trends and Statistics

    Explore 40 apartment buildings for sale in Norwalk, OH on our real estate platform.

    Sale prices for two-family homes in Norwalk, OH average $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 23K
    Population Growth (5Y) -0.3%
    Median Household Income $62,227
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Norwalk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44857 $499K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Huron County

    New Delisted

    Total CRE Inventory on Market (SF)

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