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

103 Marion Ave, Mansfield, OH 44903

Five apartments with varied layouts, laundry hookups in multiple units, a fenced backyard, and a detached garage.

Property Size4,660 SF
Price / SF$47.21
Days on Market5

Property Features for 103 Marion Ave

General Information

Standard status Active
Size 4,660 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $2,712
Listing Agency: The Holden Agency
Listed By: Keaton Partin
Source: Exprealty
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 31 at 6:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Holden Agency

Investment Insights

Based on property information with market context.

This 5-unit apartment property at 103 Marion Ave in Mansfield, OH contains 4,660 square feet across a main building and a detached three-car garage. The unit mix includes two 2-bedroom/1-bath apartments and three 1-bedroom/1-bath apartments, with four residences in the primary building and one 2-bedroom/1-bath unit positioned above the garage. Several units include laundry hookups, and the property has a fenced backyard.

Improvements completed in 2026 include work to the roof, siding, plumbing, electrical systems, flooring, and windows. The varied unit layouts and additional apartment above the garage provide a distinct configuration within the property’s five-unit design.

Key Highlights

  • 5‑unit apartment property with 4,660 square feet
  • Unit mix includes two 2‑bedroom/1‑bath and three 1‑bedroom/1‑bath units
  • Four units in the main building; fifth unit above the detached three‑car garage

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.

Location Intelligence

Trade Area within ½ mile

1,176
Businesses Nearby

Demographics for 44903, OH

25,613
Population
11,425
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
114.1 sq mi
ZIP Area
224
Density / Sq Mi
$65,421
Median Household Income
$36,553
Median Earnings
$811
Median Rent
$177,900
Median Home Value

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?
Apartment building - Five apartments with varied layouts, laundry hookups in multiple units, a fenced backyard, 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: 5‑unit apartment property with 4,660 square feet; Unit mix includes two 2‑bedroom/1‑bath and three 1‑bedroom/1‑bath units; Four units in the main building; fifth unit above the detached three‑car garage
More about this property
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