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Apartment Property with Storage
For Sale
$499,900

126 4th Street SW, Strasburg, OH 44680

CommercialSale, Strasburg, OH

Property SizeContact for details
Lot Size0.74 Acres
Days on Market288

Property Features for 126 4th Street SW

General Information

Property type Commercial Sale
Property subtype Apartment
Subdivision Village/Strasburg
Elementary school district Strasburg-Franklin L - 7907
Middle school district Strasburg-Franklin L - 7907
High school district Strasburg-Franklin L - 7907
Directions N Wooster Strasburg to 4th St SW.
Standard status Active
APN 2300130000
Lot size 0.74 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Description PR 93
Tax Annual Amount 4291
Legal Description PR 93

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Window Unit(s), Wall Unit(s)
Water source Public

Building Details

Year built 1940
Listing Agency: McInturf Realty
Listed By: Michele D Lieser · License #440777
Added: Jan 12 Changed: Oct 25 Last Checked: Oct 27 at 11:06AM
MLS# 5181252

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property includes 9 apartment rentals, 3 storage units, and a standalone home across 3 parcels totaling 0.74 acres. The improvements include a brick building with 3 rental units and a second building with 5 units above a garage. Several storage areas are currently unused, while the existing rentals are 100% occupied. Tenants are on month-to-month leases, with some occupancy extending beyond 15 years.

Residents pay electric service, while ownership covers water, sewer, and trash. The property was built in 1940 and uses electric heat, with window and wall air-conditioning units. Public water and public sewer serve the site. Schools, shopping, and I-77 are nearby, with showings requiring 24 hours' notice.

Key Highlights

  • 9 apartment rentals and 3 storage units
  • 100% occupied with month‑to‑month leases
  • 3 parcels totaling 0.74 acres

Property Analytics

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Lease Details

9
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 44680, OH

4,255
Population
1,778
Households
2.4
Avg Household Size
46
Median Age
18%
College-Educated
92%
High-School Grad
18.2 sq mi
ZIP Area
234
Density / Sq Mi
$64,737
Median Household Income
$40,208
Median Earnings
$823
Median Rent
$202,500
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 - Fully occupied multifamily property combining apartment rentals, storage units, and a standalone home.
Where is this apartment building located?
The property is located at 126 4th Street SW Strasburg, OH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 9 apartment rentals and 3 storage units; 100% occupied with month‑to‑month leases; 3 parcels totaling 0.74 acres
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