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5-Unit Apartment Building
For Sale
$324,500

15 Adams St, Tiffin, OH 44883

Recent electrical and plumbing work, remodeled bathrooms, and a 2025 boiler update support the building’s residential configuration.

Property Size4,508 SF
Price / SF$71.98
Days on Market13

Property Features for 15 Adams St

General Information

Standard status Active
Size 4,508 SF
Property subtype Residential Income

Units

Unit Mix 5 x 1BR/1BA
Multifamily Units 5

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,184

Amenities

coin-operated washer and dryer
window AC units

Building Details

Construction brick
Listing Agency: Wendt Key Team Realty
Listed By: Robert A. Boukissen
Source: Exprealty
Added: Oct 15 Changed: Oct 27 Last Checked: Oct 27 at 3:46AM

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 Wendt Key Team Realty

Rey
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Investment Insights

Based on property information with market context.

This 4,508-square-foot apartment property contains five one-bedroom, one-bath units. Refrigerators and stoves are included, and a coin-operated washer and dryer remain on site. Four apartments are currently occupied. Window air-conditioning units are also included and are handled by the current owner when removed or reinstalled.

Building improvements include updated electrical and plumbing systems, remodeled bathrooms, and a boiler installed in 2025. The upper and lower roofs have been replaced with standing-seam metal roofing since 2004; the smaller bump-out roofs are rubber. The landlord covers electric, water, gas, sewer, and trash, with tenants responsible for electric use above the per-unit cap.

Key Highlights

  • Five apartments, each configured with one bedroom and one bathroom
  • 4,508 square feet of building area
  • Four of the five units are currently rented

Property Analytics

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Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby

Demographics for 44883, OH

28,690
Population
12,823
Households
2.2
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
164.9 sq mi
ZIP Area
174
Density / Sq Mi
$62,497
Median Household Income
$37,000
Median Earnings
$831
Median Rent
$152,600
Median Home Value
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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 - Recent electrical and plumbing work, remodeled bathrooms, and a 2025 boiler update support the building’s residential configuration.
Where is this apartment building located?
The property is located at 15 Adams St Tiffin, OH.
What is the asking price?
The asking price for this property is $324,500.
What are key features of this property?
This property features: Five apartments, each configured with one bedroom and one bathroom; 4,508 square feet of building area; Four of the five units are currently rented
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