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Multifamily Property with Parking
For Sale
$1,800,000

23 Grand Avenue, Norwalk, OH 44857

Apartment, Norwalk, OH

Property SizeContact for details
Lot Size2.07 Acres
Days on Market48

Property Features for 23 Grand Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions From US-250 (Milan Ave), head west on Whittlesey Ave, turn right onto Grand Ave; property is on the left.
Subdivision Huron
Standard status Active
APN 330340020230000
Lot size 2.07 Acres

Taxes and HOA fees

Tax Description SEC 3 LOT 25 PT
Tax Annual Amount 11110
Legal Description SEC 3 LOT 25 PT

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)

Amenities

on-site parking

Building Details

Year built 1973
Roof type Composition
Listing Agency: Sluss Realty
Listed By: Deanna Fishbaugh
Added: Jul 27 Changed: Sep 3 Last Checked: Sep 12 at 2:06AM
MLS# 20100134

Copyright © 2026 Mansfield Association of Realtors. 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 multifamily property at 23 Grand Avenue includes multiple apartment units and on-site parking on a 2.07-acre parcel. The building was constructed in 1973 and features baseboard and electric heating, composition roofing, and public sewer service.

The property is situated in Norwalk near downtown amenities and major travel corridors. Its existing apartment configuration supports continued operation, while the available financial information, rent roll, and additional property details can support further evaluation.

Key Highlights

  • Multiple apartment units with on‑site parking
  • 2.07‑acre multifamily site at 23 Grand Avenue
  • 1973 construction with composition roofing

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Real Estate Agency Spa & Massage Center Big Box & Wholesale Store Hair Salon 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

310
Businesses Nearby

Demographics for 44857, OH

23,619
Population
10,579
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
93%
High-School Grad
81.6 sq mi
ZIP Area
289
Density / Sq Mi
$62,227
Median Household Income
$42,100
Median Earnings
$795
Median Rent
$170,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Apartment units occupy a 2.07-acre site near downtown amenities and major travel corridors.
Where is this multifamily property located?
The property is located at 23 Grand Avenue Norwalk, OH.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Multiple apartment units with on‑site parking; 2.07‑acre multifamily site at 23 Grand Avenue; 1973 construction with composition roofing
More about this property
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