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Duplex with Natural Gas Heating
For Sale
$67,500
Pending

408 Park St, Ashland, OH 44805

MULTI_FAMILY - Ashland, OH

Property Size1,912 SF
Lot Size0.07 Acres
Days on Market94

Property Features for 408 Park St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RS-Residential Districts
Bedrooms 2
Bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Subdivision City/Village
Elementary school district Ashland City
Middle school district Ashland City
High school district Ashland City
Directions Claremont Ave - Left on Washington - Right on Park - House on the Right
Standard status Pending
APN P44-045-0-0020-00
Size 1,912 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description R=45 Lot 405
Legal Description R=45 Lot 405

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: Coldwell Banker Ward Real Estate · Coldwell Banker Real Estate
Listed By: Mike Parker
Added: May 4 Changed: Aug 2 Last Checked: Aug 5 at 9:06PM
MLS# 231020

Copyright © 2026 Ashland Board 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 duplex at 408 Park St, Ashland, OH 44805 sits on a 0.07-acre lot and was built in 1920. The property includes a total of 1,912 SF and features forced-air heating with natural gas, along with a shingle roof. Public water and public sewer service are in place to support day-to-day operations. Interior layout includes two bedrooms and two bathrooms, with “Bedroom 1,” “Bedroom 2,” “Bathroom 1,” and “Bathroom 2” listed in the available room information.

The property is positioned between downtown Ashland and Ashland University, providing proximity to both local amenities and campus demand.

Zoned RS-Residential Districts, this duplex is a straightforward option for buyers seeking a residential income property configuration.

Key Highlights

  • 0.07‑acre lot with a 1,912 SF duplex
  • Built in 1920 with a shingle roof
  • Forced‑air heating with natural gas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Catering Service Acupuncture Garden Center Electrical Service

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

916
Businesses Nearby

Demographics for 44805, OH

31,238
Population
13,248
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
92%
High-School Grad
151.1 sq mi
ZIP Area
207
Density / Sq Mi
$62,058
Median Household Income
$35,122
Median Earnings
$835
Median Rent
$165,000
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?
Duplex - Duplex zoned RS and served by public water and public sewer, with forced-air natural gas heat and a shingle roof.
Where is this duplex located?
The property is located at 408 Park St Ashland, OH.
What is the asking price?
The asking price for this property is $67,500.
What are key features of this property?
This property features: 0.07‑acre lot with a 1,912 SF duplex; Built in 1920 with a shingle roof; Forced‑air heating with natural gas
More about this property
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