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12-Unit Multifamily Apartment Building

5148 MILAN Avenue Norwalk, OH 44857

5148 MILAN Avenue, Norwalk, OH, 44857
$499,000
For Sale
$499,000

Twelve apartments, mostly one-bedroom units, with in-unit ranges and refrigerators, plus two-zone boiler heating and hot water tanks.

Days on Market466

Property Features for 5148 MILAN Avenue

General Information

Standard status
Active
Property subtype
General Commercial

Building Details

Year Built
1970
Listing agency RE/MAX Quality Realty
Listed by Sandus
Source Xome
Added: Apr 13, 2025 Updated: Jul 22 at 2:57AM Checked: Jul 22 at 2:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Quality Realty


Investment Insights

Based on property information with market context.

This 12-unit apartment building features a mix of mostly one-bedroom units and a few efficient apartments. Each unit is equipped with its own range and refrigerator, with 12 of each provided. The building also includes two-zone boiler heating and dual 250-gallon hot water tanks.

The property is located near shopping and everyday conveniences, and the remarks note that many long-term tenants are already in place.

From an operating standpoint, the unit amenities and heating/hot water systems are already established, supporting a stabilized rental setup as presented in the listing.

Key Highlights

  • 12‑unit apartment building (mostly 1‑bedroom units) in Norwalk, OH
  • Each unit includes its own range and refrigerator (12 of each)
  • Two‑zone boiler heating system

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Hair Salon Big Box & Wholesale Store Furniture & Home Goods Plumbing Service Building Supply Skin Care Clinic Spa & Massage Center Nail Salon Dental Office

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Twelve apartments, mostly one-bedroom units, with in-unit ranges and refrigerators, plus two-zone boiler heating and hot water tanks.
Where is this apartment building located?
The property is located at 5148 MILAN Avenue Norwalk, OH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 12‑unit apartment building (mostly 1‑bedroom units) in Norwalk, OH; Each unit includes its own range and refrigerator (12 of each); Two‑zone boiler heating system
Contact an agent
More about this property
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