Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    217 S Franklin Ave Mansfield, OH 44902

    New
    For Sale
    $255,000

    Multi-Family, 2 Story - Mansfield, OH

    Type:Multi Family
    Property size:
    2,400 SF
    Lot size:
    0.23 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 217 S Franklin Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    0270607010000
    Appliances
    Range, Refrigerator
    Size
    2,400 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    RE/MAX Towne & Country Realty (419) 281-1457 [email protected]

    Listing agent Jarrett Greer (419) 281-1457

    Listing date Nov 30, 2025

    MLS# 229726 Listing URL

    Copyright © 2025 Ashland Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mansfield Four-Plex Investment Opportunity

    This well-kept four-plex in Mansfield, Ohio, presents a great investment opportunity. The two-story multi-family property features four 1-bedroom, 1-bath apartments, each offering a comfortable living area, functional kitchen, and private bath. The property includes off-street parking and low-maintenance grounds. Situated on a 0.2342-acre lot, the building has a property size of 2400 square feet. Conveniently located near shops, dining, and major highways, this multi-unit property is ideal for investors or owner-occupants looking to generate income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.5106
    Latitude
    40.7647

    Nearby Similar for Sale

    • $87,900

      Multi-Family in Quiet Neighborhood

      Income-generating multi-family property near downtown Mansfield.
      524 Lida St, Mansfield, OH 44903
      View Details
    • $249,900
      Pending

      Well-Maintained Triplex on Large Lot

      Triplex with long-term tenants, private patios, and garages.
      204 Lasalle St, Mansfield, OH 44906
      View Details
    • $339,900
      7,980 SF

      Versatile Commercial Property in Mansfield

      7,980 sq ft commercial building with automotive garage.
      530 Pearl Ave, Mansfield, OH 44905
      View Details
    • New
      $379,995
      2,400 SF

      Ontario Commercial Building For Sale

      Professional building in Ontario, ideal for office or retail.
      25 Lexington Springmill Rd, Mansfield, OH 44906
      View Details
    • New
      $199,900
      0.15 Acres

      Updated Triplex in Mansfield, Ohio

      Partially rented triplex with updates and strong cash flow.
      30 Douglas Ave, Mansfield, OH 44906
      View Details
    • $199,900
      4,400 SF

      Well-Maintained Retail Building For Sale

      4,400 sq ft building, operated as antique store since 1992.
      160 Mulberry St, Mansfield, OH 44902
      View Details

    FAQs

    What type of property is this?
    Quadplex - Well-kept four-unit property in a desirable Mansfield location.
    Where is this quadplex located?
    The property is located at 217 S Franklin Ave Mansfield, OH.
    What is the asking price?
    The asking price for this property is $255,000.
    What are key features of this property?
    This property features: - Four-plex: Four income-generating apartments in one property.; - Desirable Mansfield Location: Close to shops, dining, and major highways.; - Well-Kept: Indicates good condition.
    (419) 281-1457
    Request Owner's contact information
    217 S Franklin Ave Mansfield, OH 44902
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    217 S Franklin Ave
    Mansfield, OH 44902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    217 S Franklin Ave Mansfield, OH 44902
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.