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Fully Leased Triplex With Three Units
For Sale
$120,000

490 Grand, Galion, OH 44833

MULTI_FAMILY - Galion, OH

Property SizeContact for details
Days on Market47

Property Features for 490 Grand

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 2
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 Forced Air, Baseboard, Natural Gas
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: Aug 4 Last Checked: Aug 30 at 2:06PM
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 fully occupied triplex offers three separate residential units, each currently leased. The layout includes multiple bedrooms and bathrooms across the three units, providing distinct living spaces within one building. Construction is wood siding, and the building was built in 1901.

Comfort systems include natural gas forced-air heating and baseboard heat. Cooling is provided via window unit(s). Water service is public, and the property is served by public sewer.

The property is located at 490 Grand Street in Galion, Ohio, near downtown and close to schools, parks, shopping, and major roadways, supporting convenient day-to-day access for tenants.

Key Highlights

  • Three‑unit triplex with all units currently leased and fully occupied
  • Built in 1901
  • Wood siding exterior

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

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

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 - Fully occupied triplex with three leased units, natural gas forced-air heat, and window cooling served by public water and sewer.
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 and fully occupied; Built in 1901; Wood siding exterior
More about this property
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