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4-Unit Multifamily Building
For Sale
$185,000
Pending

9 5-7 & 9-11 Franklin Ave, Shelby, OH 44875

Residential Income, 2 Story, Shelby, OH

Property SizeContact for details
Days on Market55

Property Features for 9 5-7 & 9-11 Franklin Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 8, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 10, Bedroom 12, Bathroom 4, Bedroom 11, Bathroom 2, Bedroom 2, Bedroom 9, Bedroom 7, Bedroom 6, Bedroom 1, Bedroom 3
High school Shelby City Schools
Elementary school district Shelby City Schools
Middle school district Shelby City Schools
High school district Shelby City Schools
Directions Springmill Rd to Franklin Ave
Subdivision Richland
Standard status Pending
APN 0460812809000

Taxes and HOA fees

Tax Description 1509 12 FT WS
Tax Annual Amount 2866
Legal Description 1509 12 FT WS

Utilities

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

Building Details

Year built 1920
Floors in Building 2
Number of units 4
Building materials Vinyl Siding
Architectural style Other
Listing Agency: Jemm Property Management & Realty
Listed By: Jennifer Stoops
Added: Aug 22 Changed: Oct 6 Last Checked: Oct 15 at 9:06AM
MLS# 20100511

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 four-unit multifamily property was built in 1920 and has vinyl siding. Each residence includes three bedrooms and one bathroom. The property has natural gas, forced-air heating, and separate utilities for the units.

Located at 9 5-7 & 9-11 Franklin Ave in Shelby, Ohio, the building is served by public water and public sewer.

Key Highlights

  • Four residential units, each with 3 bedrooms and 1 bathroom
  • Separate utilities for the units
  • Built in 1920 with vinyl siding

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Hair Salon

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby

Demographics for 44875, OH

13,900
Population
6,211
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
93%
High-School Grad
81.5 sq mi
ZIP Area
171
Density / Sq Mi
$60,669
Median Household Income
$35,774
Median Earnings
$727
Median Rent
$146,500
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?
Quadplex - Separate utility service is provided for each of the four residences.
Where is this quadplex located?
The property is located at 9 5-7 & 9-11 Franklin Ave Shelby, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Four residential units, each with 3 bedrooms and 1 bathroom; Separate utilities for the units; Built in 1920 with vinyl siding
More about this property
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