36-Unit Apartment
New
For Sale
$2,500,000
318 Rae Court, Willard, OH 44890
COMMERCIAL - Willard, OH
Days on Market6
Property Features for 318 Rae Court
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From Mansfield take Springmill Rd through Plymouth, then take State Route 61 North and US-224 West to Rae Ct in Willard. Turn onto Rae Ct to reach the destination.
Subdivision
Huron
Standard status
Active
APN
510360010260200
Taxes and HOA fees
Tax Description
SEC 3 LOT 49
Tax Annual Amount
18161
Legal Description
SEC 3 LOT 49
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Building Details
Year built
1973
Roof type
Composition
Listing Agency:
Sluss Realty
(419) 529-3047
Listed By:
Deanna Fishbaugh
(567) 224-7104
Added: Jul 27
Changed: Jul 28
Last Checked: Aug 1 at 5:06PM
MLS# 20100135
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.
Apartment complex comprising 13 buildings and 36 units, with 35 one-bedroom, one-bath units and one two-bedroom, one-bath unit. Twelve of the units are currently being renovated, and the property has a waitlist for occupancy.
The buildings are set on spacious grounds with convenient parking. The property has a composition roof and is served by public sewer. Heating is provided by baseboard electric heating.
Built in 1973, this multifamily asset offers a defined unit mix and a staged renovation plan across the property’s 13-building layout.
The buildings are set on spacious grounds with convenient parking. The property has a composition roof and is served by public sewer. Heating is provided by baseboard electric heating.
Built in 1973, this multifamily asset offers a defined unit mix and a staged renovation plan across the property’s 13-building layout.
Key Highlights
- 36 units across 13 buildings
- 35 one‑bedroom, one‑bath units and 1 two‑bedroom, one‑bath unit
- 12 units currently being renovated with a waitlist for occupancy
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Explore this area
Business Placement
Demographics for 44890, OH
10,759
Population
4,705
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
84.7 sq mi
ZIP Area
127
Density / Sq Mi
$64,971
Median Household Income
$39,490
Median Earnings
$834
Median Rent
$136,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment complex with 36 units across 13 buildings, including one two-bedroom unit, with public sewer and baseboard electric heat.
Where is this apartment building located?
The property is located at 318 Rae Court Willard, OH.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 36 units across 13 buildings; 35 one‑bedroom, one‑bath units and 1 two‑bedroom, one‑bath unit; 12 units currently being renovated with a waitlist for occupancy
