36-Unit Apartment
For Sale
$2,500,000
318 Rae Court, Willard, OH 44890
Apartment,Commercial, Willard, OH
Property SizeContact for details
Days on Market48
Property Features for 318 Rae Court
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From Mansfield take Springmill Rd through Plymouth, then take State Route 61 North and US-224 West to Rae Ct in Willard. Turn onto Rae Ct to reach the destination.
Subdivision
Huron
Standard status
Active
APN
510360010260200
Taxes and HOA fees
Tax Description
SEC 3 LOT 49
Tax Annual Amount
18161
Legal Description
SEC 3 LOT 49
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Building Details
Year built
1973
Roof type
Composition
Listing Agency:
Sluss Realty
(419) 529-3047
Listed By:
Deanna Fishbaugh
(567) 224-7104
Added: Jul 27
Changed: Sep 3
Last Checked: Sep 12 at 4:06AM
MLS# 20100135
Copyright © 2026 Mansfield Association 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.
Investment Insights
Based on property information with market context.
This multifamily property comprises 36 apartment units distributed across 13 buildings. The unit mix includes 35 one-bedroom, one-bath residences and one two-bedroom, one-bath residence. Twelve units are currently undergoing renovation, while a waitlist is in place for occupancy. Built in 1973, the property features electric baseboard heating, composition roofing, and public sewer service.
Located in Willard, Ohio, the complex offers spacious grounds and convenient parking. Schools, parks, shopping, and major services are situated nearby, providing access to everyday amenities for residents. The property combines a substantial apartment count with a defined unit mix and ongoing renovation work across the community.
Located in Willard, Ohio, the complex offers spacious grounds and convenient parking. Schools, parks, shopping, and major services are situated nearby, providing access to everyday amenities for residents. The property combines a substantial apartment count with a defined unit mix and ongoing renovation work across the community.
Key Highlights
- 36 apartment units across 13 buildings
- Unit mix includes 35 one‑bedroom, one‑bath units and one two‑bedroom, one‑bath unit
- 12 units currently being renovated
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 44890, OH
10,759
Population
4,705
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
84.7 sq mi
ZIP Area
127
Density / Sq Mi
$64,971
Median Household Income
$39,490
Median Earnings
$834
Median Rent
$136,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Multibuilding rental property with one- and two-bedroom units, public sewer, electric baseboard heating, and on-site parking.
Where is this apartment building located?
The property is located at 318 Rae Court Willard, OH.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 36 apartment units across 13 buildings; Unit mix includes 35 one‑bedroom, one‑bath units and one two‑bedroom, one‑bath unit; 12 units currently being renovated
