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Four-Unit Quadplex with Separate Utilities
New
For Sale
$185,000

7 Franklin Ave, Shelby, OH 44875

Residential Income, 2 Story, Shelby, OH

Property SizeContact for details
Days on Market2

Property Features for 7 Franklin Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 10, Bedroom 5, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 12, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 9, Bathroom 1, Bedroom 11, Bedroom 1
High school Shelby City Schools
Elementary school district Shelby City Schools
Middle school district Shelby City Schools
High school district Shelby City Schools
Directions Springmill Rd to Franklin Ave
Subdivision Richland
Standard status Active
APN 0460812809000/0460800310000

Taxes and HOA fees

Tax Description 1509 12 FT WS & 1510 40 FT E S 52 x 150
Tax Annual Amount 2866
Legal Description 1509 12 FT WS & 1510 40 FT E S 52 x 150

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 4
Building materials Vinyl Siding
Architectural style Other
Listing Agency: Jemm Property Management & Realty
Listed By: Jennifer Stoops
Added: Aug 22 Last Checked: Aug 23 at 11:06AM
MLS# 20100511

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 quadplex contains four residential units, with each unit offering three bedrooms and one bathroom. Separate utilities serve the individual residences. The building features vinyl siding and forced-air heating, and it was constructed in 1920.

Located at 7 Franklin Ave in Shelby, Ohio, the property is connected to public water and public sewer. The unit configuration provides a consistent layout across the building, with a total of 12 bedrooms and 4 bathrooms. The established construction and independently metered utilities define the primary physical and operating characteristics of this multifamily property.

Key Highlights

  • Four residential units in one quadplex
  • Each unit includes 3 bedrooms and 1 bathroom
  • Separate utilities for each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Spa & Massage Center Parking Lot & Garage

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

370
Businesses Nearby

Demographics for 44875, OH

13,900
Population
6,211
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
93%
High-School Grad
81.5 sq mi
ZIP Area
171
Density / Sq Mi
$60,669
Median Household Income
$35,774
Median Earnings
$727
Median Rent
$146,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Each unit provides three bedrooms and one bathroom, with individual utility arrangements throughout the property.
Where is this quadplex located?
The property is located at 7 Franklin Ave Shelby, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Four residential units in one quadplex; Each unit includes 3 bedrooms and 1 bathroom; Separate utilities for each unit
More about this property
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