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Fully Occupied Triplex
For Sale
$120,000

490 Grand, Galion, OH 44833

Residential Income, 2 Story, Galion, OH

Property SizeContact for details
Days on Market93

Property Features for 490 Grand

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1
High school Galion City School District
Elementary school district Galion City School District
Middle school district Galion City School District
High school district Galion City School District
Directions Harding Way to South on Orange. East on Grand. Bright Blue house on North side of street
Subdivision Crawford
Standard status Active
APN 19-0027683000

Taxes and HOA fees

Tax Description 53 1/2 X 186
Tax Annual Amount 651
Legal Description 53 1/2 X 186

Utilities

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

Building Details

Year built 1901
Number of units 3
Building materials Wood Siding
Architectural style Other
Listing Agency: Dream Huge Realty
Listed By: Adam Thornton
Added: Jul 15 Changed: Sep 16 Last Checked: Oct 15 at 8:06AM
MLS# 9074031

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 two-story triplex contains three separate residential units, all currently leased. The property was built in 1901 and features wood siding, forced-air and baseboard heating, natural gas service, and window-unit cooling. The room inventory includes three bathrooms and four bedrooms.

Located at 490 Grand in Galion, the property is served by public water and public sewer. Its established occupancy and three-unit configuration provide a straightforward multifamily ownership profile.

Key Highlights

  • Three‑unit triplex with all units currently leased
  • Two‑story building constructed in 1901
  • Wood siding exterior

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods Big Box & Wholesale Store

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

Demographics for 44833, OH

16,786
Population
8,278
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
91%
High-School Grad
90.4 sq mi
ZIP Area
186
Density / Sq Mi
$57,234
Median Household Income
$39,535
Median Earnings
$772
Median Rent
$127,700
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three leased units provide established occupancy across a two-story residential building.
Where is this triplex located?
The property is located at 490 Grand Galion, OH.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Three‑unit triplex with all units currently leased; Two‑story building constructed in 1901; Wood siding exterior
More about this property
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