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Amherst, OH

Multifamily

Amherst, OH Multifamily Properties for Sale

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South Amherst, OH Elyria, OH Lorain, OH Picayune, MS Vermilion, OH Columbus, OH Beachwood, OH Oberlin, OH

Townhouse-Style Duplex on Acreage

Updated: Jun 18

Townhouse-Style Duplex on Acreage

48903-48905 N Ridge Road, Amherst, OH 44001

$369,900

3,384 sqft 2.03 AC lot

3384 SF townhouse‑style duplex on 2.03 acres in Brownhelm Township with Firelands Schools; Amherst address and NO RITA taxes.
Built in 2000: 2 side‑by‑side units inside a cedar structure; each unit has 3 bedrooms, 1.5 bathrooms, a laundry room, and 1‑car garage.
Separate living/income setup: all utilities are on separate meters, with each unit having its own furnace/AC (serviced June 2026).
Both units updated: plumbing, electrical, HVAC, double‑paned windows, and doors were new in 2000; both units remodeled in 2026 after tenants moved out.
Water/sewer: public water and dual 1000‑gallon NCI septic systems; septic tank details listed for the property.

This listing looks promising.

Here's a quick look at some key insights for

48903-48905 N Ridge Road, Amherst, OH 44001

View Property Analytics

Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$31K
Annual
Price @ 7% Cap

$443K
Above asking
Property Type

Duplex
Built 2000

View Property Analytics

Amherst Condo with Modern Updates

Updated: Oct 2, 2025

Amherst Condo with Modern Updates

133 Ambleside Way, Amherst, OH 44001

$320,000

0.04 AC lot

Low‑maintenance living with lawn care and snow removal included, plus community clubhouse and pool
Prime location near downtown Amherst's dining, shopping, and amenities
Stylish updates throughout, including stainless steel appliances, custom barn doors, and epoxy garage flooring
Spacious 3‑bedroom layout with flexible loft space and a third‑floor bedroom suitable for a guest suite or media room
Private stamped concrete patio with privacy fence, perfect for outdoor entertaining

Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 2 Active listings in Amherst, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Duplex Investment

Two-Unit Duplex Investment

140 School Street, Elyria, OH 44035

$174,900

0.21 AC lot

Cash-flowing duplex featuring two separate units with multiple bedrooms, full bathrooms, and dedicated outdoor and storage space.

Brick Ranch Duplex with Center Garage

Brick Ranch Duplex with Center Garage

605 West 36th Street, Lorain, OH 44052

$225,000

1,736 sqft 0.25 AC lot

Brick ranch duplex offers two matching 2-bedroom units with a center garage and in-unit laundry areas.

Prime Location Commercial Land

Prime Location Commercial Land

43033 North Ridge Road, Elyria, OH 44035

$100,000

High-traffic land ideal for storage, offices, retail, or apartments.

Mixed-Use Investment Property For Sale

Mixed-Use Investment Property For Sale

4645 Oberlin Ave, Lorain, OH

$469,000

7,466 sqft 1.85 AC lot

Mixed-use property featuring office, apartments, and warehouses.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Eastlake Marina District Land

Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000

5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

Residential Land in Mount Gilead

Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land available in Mount Gilead with lake amenities.

Residential Land in Mount Gilead

Residential Land in Mount Gilead

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land for sale with lake amenities in Mount Gilead.

Residential Lot in Vernon Township

Residential Lot in Vernon Township

10312 PERRY Highway, Meadville, PA 16335

$34,900

0.63 AC lot

0.63 acre residential lot with utilities in Vernon Township, PA.

Off-Market Properties in Amherst, OH

Consider similar Off-Market properties in Amherst, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

47550 Middle Rdg Rd, Unit 1

APARTMENT HOUSE (5+ UNITS)

47550 Middle Rdg Rd, Amherst, OH 44001-2600

Unit 1

Value Estimation by Request

4,160 sqft 0.83 AC lot

MOBILE HOME PARK, TRAILER PARK

114 Westwoods, Amherst, OH 44001-2047

Value Estimation by Request

2,972 sqft 20.87 AC lot

MOBILE HOME PARK, TRAILER PARK

224 Westwoods, Amherst, OH 44001-2049

Value Estimation by Request

1,582 sqft 31.12 AC lot

853 Cleveland Ave

APARTMENT HOUSE (5+ UNITS)

853 Cleveland Ave, Amherst, OH 44001-1629

Value Estimation by Request

2,989 sqft 0.23 AC lot

849 Cleveland Ave

APARTMENT HOUSE (5+ UNITS)

849 Cleveland Ave, Amherst, OH 44001-1629

Value Estimation by Request

2,387 sqft 0.22 AC lot

APARTMENT HOUSE (5+ UNITS)

205 Henry St, Amherst, OH 44001-2424

Value Estimation by Request

1,740 sqft 0.35 AC lot

435 Ww St, Unit 2

APARTMENT HOUSE (5+ UNITS)

435 Ww St, Amherst, OH 44001-2266

Unit 2

Value Estimation by Request

2,396 sqft 0.17 AC lot

103 Brookside Dr, Unit A3

APARTMENT HOUSE (5+ UNITS)

103 Brookside Dr, Amherst, OH 44001-1402

Unit A3

Value Estimation by Request

288 sqft 3.20 AC lot

378 Main St, Unit 4

APARTMENT HOUSE (5+ UNITS)

378 Main St, Amherst, OH 44001-2149

Unit 4

Value Estimation by Request

2,661 sqft 0.12 AC lot

APARTMENT HOUSE (5+ UNITS)

850 Elyria Ave, Amherst, OH 44001-2736

Value Estimation by Request

2,042 sqft 0.81 AC lot

134 Caesars Cir

MOBILE HOME PARK, TRAILER PARK

134 Caesars Cir, Amherst, OH 44001-3511

Value Estimation by Request

1,040 sqft 21.29 AC lot

51900 Portman Rd

CAMPGROUND, RV PARK

51900 Portman Rd, Amherst, OH 44001-9692

Value Estimation by Request

1,380 sqft 22.77 AC lot

404 Leavitt Rd, Unit C1

APARTMENT HOUSE (5+ UNITS)

404 Leavitt Rd, Amherst, OH 44001-1159

Unit C1

Value Estimation by Request

3,922 sqft 0.65 AC lot

404 Leavitt Rd, Unit B1

APARTMENT HOUSE (5+ UNITS)

404 Leavitt Rd, Amherst, OH 44001-1160

Unit B1

Value Estimation by Request

3,922 sqft 0.74 AC lot

47534 Middle Rdg Rd, Unit A1

APARTMENT HOUSE (5+ UNITS)

47534 Middle Rdg Rd, Amherst, OH 44001-2622

Unit A1

$535,000

Estimated value

4,620 sqft 10.25 AC lot

47510 Middle Rdg Rd, Unit E17

APARTMENT HOUSE (5+ UNITS)

47510 Middle Rdg Rd, Amherst, OH 44001-2617

Unit E17

$975,000

Estimated value

6,468 sqft 3.85 AC lot

165 Lincoln St, Unit A

APARTMENT HOUSE (5+ UNITS)

165 Lincoln St, Amherst, OH 44001-1562

Unit A

$740,000

Estimated value

5,198 sqft 0.87 AC lot

404 Leavitt Rd, Unit A1

APARTMENT HOUSE (5+ UNITS)

404 Leavitt Rd, Amherst, OH 44001-1161

Unit A1

Value Estimation by Request

3,922 sqft 0.69 AC lot

CAMPGROUND, RV PARK

Crosse Rd, Amherst, OH 44001

Value Estimation by Request

56.10 AC lot

157 Cleveland Ave

APARTMENT HOUSE (5+ UNITS)

157 Cleveland Ave, Amherst, OH 44001-1617

Value Estimation by Request

3,427 sqft 0.29 AC lot

214 Amherst Mobile Homes

MOBILE HOME PARK, TRAILER PARK

214 Amherst Mobile Homes, Amherst, OH 44001-2836

Value Estimation by Request

1,008 sqft 25.14 AC lot

820 Park Ave, Unit 2

APARTMENT HOUSE (5+ UNITS)

820 Park Ave, Amherst, OH 44001-2461

Unit 2

Value Estimation by Request

1,875 sqft 0.21 AC lot

Amherst, OH Multifamily Properties Market Trends and Statistics

Explore 24 multifamily properties for sale in Amherst, OH on our real estate platform. These investment opportunities span a total of 3,384 square feet of properties for sale, with an estimated market value of $369,900.

Sale prices for multifamily properties in Amherst, OH start at $369,900, averaging $369,900, and reaching up to $369,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 21K

Population Growth (5Y) +0.0%

Median Household Income $91,050

College Educated 40.1%

High-Yield Neighborhoods for Investment

Identify Amherst submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
44001	$320K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lorain County

New Delisted

Total CRE Inventory on Market (SF)

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