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Multifamily Property with Acreage
For Sale
$155,000

4825 Lincoln Highway, Mansfield, OH 44903

MULTI_FAMILY - Mansfield, OH

Lot Size3.79 Acres
Days on Market325

Property Features for 4825 Lincoln Highway

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 3, Bathroom 1
High school Crestline Exempted Village School District
Elementary school district Crestline Exempted Village School District
Middle school district Crestline Exempted Village School District
High school district Crestline Exempted Village School District
Directions Property is on the south side of Lincoln Highway east of Crestline (2.4 miles) and west of Ontario (6.3 miles). 1st property west of Crestview Dr. Number is on the mailbox.
Subdivision Richland
Standard status Active
APN 0423120504000
Lot size 3.79 Acres

Taxes and HOA fees

Tax Description SANDUSKY TWP CRESTLINE VIL LS D SE A 3.78 9 LT 11 PT 3.789 ACRES
Tax Annual Amount 802
Legal Description SANDUSKY TWP CRESTLINE VIL LS D SE A 3.78 9 LT 11 PT 3.789 ACRES

Utilities

Sewer type Septic Tank
Heating system Natural Gas
Cooling system Window Unit(s)
Water source Well

Building Details

Year built 1920
Number of units 3
Building materials Aluminum Siding
Listing Agency: RE/MAX First Realty · RE/MAX International
Listed By: Anne Bernhardt
Added: Sep 12, 2025 Changed: Jul 29 Last Checked: Aug 2 at 9:06AM
MLS# 9069272

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 sits on 3.79 acres and currently operates as a 3-unit residence. The layout can easily return to the original configuration of 4 units. The seller has not used the property as income rentals for several years, and the property is being sold as-is.

The property is located at 4825 Lincoln Highway in Mansfield, Ohio (44903) in Richland County. The listing information notes several options due to the existing unit setup and the potential to restore the original unit count.

Key Highlights

  • 3.79‑acre property with a multi‑family residence, currently set up as 3 units
  • Can easily be returned to the original 4‑unit configuration
  • Home built in 1920 with aluminum siding

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Pharmacy Law Firm Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 44903, OH

25,613
Population
11,425
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
114.1 sq mi
ZIP Area
224
Density / Sq Mi
$65,421
Median Household Income
$36,553
Median Earnings
$811
Median Rent
$177,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily residence on 3.79 acres, currently configured as 3 units with ability to return to 4.
Where is this triplex located?
The property is located at 4825 Lincoln Highway Mansfield, OH.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 3.79‑acre property with a multi‑family residence, currently set up as 3 units; Can easily be returned to the original 4‑unit configuration; Home built in 1920 with aluminum siding
More about this property
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