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Updated 5-Unit Apartment Building
New
For Sale
$220,000

103 Marion Ave, Mansfield, OH 44906

Residential Income, 2 Story, Mansfield, OH

Property SizeContact for details
Days on Market4

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 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 7, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 5, Bedroom 6, Bathroom 2
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

laundry hookups
fenced backyard

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 Last Checked: Aug 31 at 2:06PM
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.

Investment Insights

Based on property information with market context.

This apartment property at 103 Marion Ave includes five units arranged across a primary building and a detached garage. The unit mix consists of two 2-bedroom/1-bath residences and three 1-bedroom/1-bath residences. Four apartments are in the main structure, while the remaining 2-bedroom/1-bath unit is positioned above the three-car garage. Several units include laundry hookups, and the grounds feature a fenced backyard.

Property improvements completed in 2026 include work to the roof, siding, plumbing, electrical systems, flooring, and windows. The building was constructed in 1960 and uses brick and vinyl siding, with natural gas and forced-air heating. Public water and public sewer serve the property.

Key Highlights

  • Five units: two 2‑bedroom/1‑bath and three 1‑bedroom/1‑bath residences
  • Fourth apartment in the main building; fifth unit above the detached three‑car garage
  • 2026 updates include roof, siding, plumbing, electrical, flooring, and windows

Property Analytics

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

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?
Apartment building - Residential income property with varied unit layouts, laundry hookups, a fenced yard, and 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 $220,000.
What are key features of this property?
This property features: Five units: two 2‑bedroom/1‑bath and three 1‑bedroom/1‑bath residences; Fourth apartment in the main building; fifth unit above the detached three‑car garage; 2026 updates include roof, siding, plumbing, electrical, flooring, and windows
More about this property
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