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5-Unit Apartment Property with Garage
For Sale
$190,900

103 Marion Ave, Mansfield, OH 44906

Residential Income, 2 Story, Mansfield, OH

Property SizeContact for details
Days on Market50

Property Features for 103 Marion Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 7, Bathroom 3
High school Mansfield City School District
Elementary school district Mansfield City School District
Middle school district Mansfield City School District
High school district Mansfield City School District
Directions Park Ave W to Marion Ave
Subdivision Richland
Standard status Active
APN 0270107207000

Taxes and HOA fees

Tax Description 1101 64367 X 130.9 X 7.78 X 90.52 X 54.59 X 198.24 W PT
Tax Annual Amount 2712
Legal Description 1101 64367 X 130.9 X 7.78 X 90.52 X 54.59 X 198.24 W PT

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

fenced backyard
laundry hookups

Building Details

Year built 1960
Number of units 5
Building materials Brick, Vinyl Siding
Architectural style Other
Listing Agency: The Holden Agency
Listed By: Keaton Partin
Added: Aug 28 Changed: Oct 12 Last Checked: Oct 16 at 9:06PM
MLS# 20100582

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.

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Investment Insights

Based on property information with market context.

This five-unit apartment property has four units in the main building and a fifth apartment above a detached three-car garage. The unit mix comprises three one-bedroom, one-bathroom apartments and two two-bedroom, one-bathroom apartments. Multiple units have laundry hookups, and the grounds include a fenced backyard.

Updates completed in 2026 include the roof, siding, plumbing, electrical, flooring and windows, along with three new furnaces. The 1960-built property has brick and vinyl siding construction, natural gas forced-air heat, public water and public sewer.

Key Highlights

  • Five units: three 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath apartments
  • Four apartments in the main building; the fifth is above the detached garage
  • Detached three‑car garage and fenced backyard

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Gym & Fitness Center Florist Cosmetic Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,176
Businesses Nearby

Demographics for 44906, OH

16,566
Population
8,613
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
19.5 sq mi
ZIP Area
850
Density / Sq Mi
$51,358
Median Household Income
$36,087
Median Earnings
$783
Median Rent
$127,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A mix of one- and two-bedroom layouts includes a separate apartment above a detached garage.
Where is this apartment building located?
The property is located at 103 Marion Ave Mansfield, OH.
What is the asking price?
The asking price for this property is $190,900.
What are key features of this property?
This property features: Five units: three 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath apartments; Four apartments in the main building; the fifth is above the detached garage; Detached three‑car garage and fenced backyard
More about this property
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