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Four-Unit Multifamily Property
New
For Sale
$275,000

100 Second Street, Shelby, OH 44875

Residential Income, 2 Story, Shelby, OH

Property SizeContact for details
Days on Market6

Property Features for 100 Second Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RL-1-Residential District
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 5, Bedroom 5
High school Shelby City Schools
Elementary school district Shelby City Schools
Middle school district Shelby City Schools
High school district Shelby City Schools
Directions From downtown Shelby, head west on OH-39 W/US-224 W. Turn onto Second St. Continue to 100 Second St., Shelby, OH 44875. The property will be on your right.
Subdivision Richland
Standard status Active
APN 0460808703000

Taxes and HOA fees

Tax Description 472 88 X 160 SECOND ST
Tax Annual Amount 1030
Legal Description 472 88 X 160 SECOND ST

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Ceiling Fan(s), Window Unit(s)
Water source Public

Building Details

Year built 1875
Number of units 4
Architectural style Other
Listing Agency: Howard Hanna Real Estate Services Ashland Downtown
Listed By: Hartley Team
Added: Oct 5 Last Checked: Oct 10 at 5:06AM
MLS# 20101060

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.

Four rental residences occupy one parcel: a duplex and two manufactured homes. The duplex has two one-bedroom units; the upper residence also includes a separate room used as a second bedroom. One manufactured home contains two bedrooms, while the other has three bedrooms and a dedicated laundry and mudroom. Both manufactured homes have one bathroom, and the duplex units each have one bathroom, with an additional bath in the basement of the main-level unit.

The property dates to 1875 and is zoned RL-1-Residential District. Three electric meters serve the property. A detached one-car garage accompanies the duplex, and the two-bedroom manufactured home has a two-car garage. The three-bedroom home has a newer furnace.

Key Highlights

  • Four rental units on one parcel: a duplex and two manufactured homes
  • 1875 construction; RL‑1‑Residential District zoning
  • Three separate electric meters

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

303
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
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

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

What type of property is this?
Multifamily property - The parcel combines a two-unit duplex with two manufactured homes.
Where is this multifamily property located?
The property is located at 100 Second Street Shelby, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Four rental units on one parcel: a duplex and two manufactured homes; 1875 construction; RL‑1‑Residential District zoning; Three separate electric meters
More about this property
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