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Three-Unit Rental Property
New
For Sale
$130,000

416-418 Carroll St., Ashland, OH 44805

Residential Income, 1.5 Story, Ashland, OH

Property SizeContact for details
Days on Market1

Property Features for 416-418 Carroll St.

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RS-Residential Districts
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4
High school Ashland City
Elementary school district Ashland City
Middle school district Ashland City
High school district Ashland City
Directions Main St to Left on Pleasant St., left on Carroll, property on the right, parking in the rear.
Subdivision Ashland
Standard status Active
APN P43-043-A-0131-00

Taxes and HOA fees

Tax Description R+43A LOT 409 & 408 pt
Tax Annual Amount 811
Legal Description R+43A LOT 409 & 408 pt

Utilities

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

Building Details

Year built 1901
Number of units 3
Building materials Vinyl Siding, Wood Siding
Architectural style Other
Listing Agency: Coldwell Banker Ward Real Estate · Coldwell Banker Real Estate
Listed By: Team Patton
Added: Sep 17 Last Checked: Sep 17 at 9:06PM
MLS# 20100861

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 three-unit residential property includes one-bedroom, one-bath units at 416 and 418, plus an upstairs two-bedroom, one-bath unit at 416 1/2. All units are occupied. Each residence has its own furnace and electric water heater, while the 416 and 418 units also include washers and dryers. Appliances and mechanical systems have been updated at various times, including furnaces, water heaters, refrigerators, washers, and dryers. The building has partial metal roofing, vinyl and wood siding, and was constructed in 1901.

Located at 416-418 Carroll St. in Ashland, the property includes off-street parking and is served by public water and public sewer. The sewer line was professionally cleaned and inspected by video. Zoning is RS-Residential Districts.

Key Highlights

  • Three occupied rental units: two 1‑bedroom units and one 2‑bedroom unit
  • 416‑418 Carroll St., Ashland, OH 44805
  • Separate furnace and electric water heater for each unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Pharmacy Accounting Firm Catering Service Garden Center

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

662
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
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?
Triplex - Occupied residential income property with separate utility systems, off-street parking, and public water and sewer.
Where is this triplex located?
The property is located at 416-418 Carroll St. Ashland, OH.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Three occupied rental units: two 1‑bedroom units and one 2‑bedroom unit; 416‑418 Carroll St., Ashland, OH 44805; Separate furnace and electric water heater for each unit
More about this property
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