Listing Agency: Dzugan Real Estate Services LLC

Listed By: Bronis Eden · License #OH 163477

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:20AM

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Investment Insights

Based on property information with market context.

This five-unit apartment building includes four one-bedroom residences and one efficiency unit. Every unit is currently rented, providing an occupied multifamily configuration in a compact residential income property.

The property is located at 124 S Adams St in downtown Mansfield, Ohio. The owner pays all utilities, a shared operating responsibility across the building’s five units.

Key Highlights

• Five total units: four one‑bedroom apartments and one efficiency
• All five units are currently rented
• Owner pays all utilities

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Gym & Fitness Center Pharmacy Florist Bakery

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

1,093

Businesses Nearby

Explore this area Business Placement

Demographics for 44902, OH

4,891

Population

2,240

Households

2.2

Avg Household Size

35

Median Age

4%

College-Educated

83%

High-School Grad

2.0 sq mi

ZIP Area

2,446

Density / Sq Mi

$31,619

Median Household Income

$25,636

Median Earnings

$842

Median Rent

$58,500

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 - Fully rented multifamily property with a mix of one-bedroom apartments and an efficiency unit.

Where is this apartment building located?

The property is located at 124 S Adams St Mansfield, OH.

What are key features of this property?

This property features: Five total units: four one‑bedroom apartments and one efficiency; All five units are currently rented; Owner pays all utilities