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    5782 Chippewa Rd Chippewa Lake, OH 44215

    Pending
    For Sale
    $350,000

    MULTI_FAMILY - Chippewa Lake, OH

    Property size:
    1,820 SF
    Lot size:
    0.34 Acres
    Days on Market:
    186
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 5782 Chippewa Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 4, Bedroom 3, Basement, Bathroom 3, Bedroom 4, Bathroom 1
    Bedrooms
    4
    Bathrooms
    4
    APN
    020-10D-31-076
    Parking features
    Parking Lot
    Size
    1,820 SF
    Lot size
    0.34 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Forced Air, Natural Gas, Baseboard
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    2
    Building materials
    VinylSiding
    Roof type
    Slate

    EXP Realty (866) 212-4991 [email protected]

    Listing agent Timothy Davison (330) 352-4331 License #2020004579

    Listing date Jun 3, 2025

    MLS# 5068159 Listing URL

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

    Overview

    Chippewa Lake Multifamily Investment Opportunity

    This well-maintained four-unit apartment building presents an investment opportunity. Historically, the property has been fully occupied. The building is located in Chippewa Lake, Ohio, and is situated on a 0.3361-acre lot. The living area of the property is 1820 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Spa & Massage Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Daycare Center HVAC Service Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chippewa Lake
    County
    Medina
    State
    Ohio
    Longitude
    -81.897606
    Latitude
    41.076564

    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit apartment building in Chippewa Lake, Ohio.
    Where is this quadplex located?
    The property is located at 5782 Chippewa Rd Chippewa Lake, OH.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Historically fully occupied 4-unit apartment building, providing immediate rental income.; - Suitable for both new and seasoned investors.; - Multiple heating systems: Electric, Forced Air, Natural Gas, and Baseboard.
    (330) 352-4331
    Request Owner's contact information
    5782 Chippewa Rd Chippewa Lake, OH 44215
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    Chippewa Lake, OH 44215
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    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
    5782 Chippewa Rd Chippewa Lake, OH 44215
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