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Seven-Unit Brick Apartment Building
For Sale
$269,000

1901 Clark Avenue, Wellsville, OH 43968

CommercialSale, Wellsville, OH

Property SizeContact for details
Lot Size0.11 Acres
Days on Market116

Property Features for 1901 Clark Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Subdivision Nicholson
Elementary school district Wellsville LSD - 1511
Middle school district Wellsville LSD - 1511
High school district Wellsville LSD - 1511
Directions Exit to Wellsville then trave; to Clark Ave
Standard status Active
APN 8401743000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 47 48 & 49 NICH 168.7
Tax Annual Amount 3007
Legal Description 47 48 & 49 NICH 168.7

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1957
Listing Agency: Keller Williams Chervenic Rlty · Keller Williams Realty
Listed By: Demetrius Ison · License #2024001870
Added: Apr 30 Changed: Aug 20 Last Checked: Aug 23 at 4:06AM
MLS# 5205857

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.

Investment Insights

Based on property information with market context.

This 1957 brick apartment building contains seven units under one roof: six studio apartments and one one-bedroom unit. Several units are occupied, while the property also includes a mobile home at the rear that generates lot rent. The building has forced-air heating with natural gas and wall-unit cooling, along with public water and public sewer service.

Set on 0.11 acres in Wellsville, the property provides a compact multifamily configuration with a defined unit mix and an additional mobile home site. Landlord-paid utilities include trash, water, electric, and gas. The brick exterior, established apartment layout, and combination of residential units with rear-site income create a straightforward multifamily asset.

Key Highlights

  • Seven total units: six studios and one one‑bedroom apartment
  • Brick apartment building constructed in 1957
  • Rear mobile home site generating lot rent

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Restaurant Storage Facility Daycare Center Auto Repair Shop

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 43968, OH

6,546
Population
3,184
Households
2.1
Avg Household Size
45
Median Age
12%
College-Educated
91%
High-School Grad
33.9 sq mi
ZIP Area
193
Density / Sq Mi
$62,172
Median Household Income
$40,675
Median Earnings
$784
Median Rent
$96,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Includes six studios, one one-bedroom unit, and a rear mobile home site producing lot rent.
Where is this apartment building located?
The property is located at 1901 Clark Avenue Wellsville, OH.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Seven total units: six studios and one one‑bedroom apartment; Brick apartment building constructed in 1957; Rear mobile home site generating lot rent
More about this property
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