Mansfield, OH Multifamily Properties for Sale

List

Map

Fayetteville, OH Ontario, OH Shelby, OH Bellville, OH Centerburg, OH Ashland, OH Crestline, OH Lucas, OH

Found 42 multifamily properties for sale in Mansfield, OH, averaging $79/sq ft. Use valuation data to compare deals faster.

Sort:

Updated: Apr 24

Historic Six-Unit Apartment Building with Central Air

283 Park Avenue W, Mansfield, OH 44902

$459,900

0.51 AC lot

Historic 6‑unit brick apartment building built in 1900
Central air and natural gas forced‑air heating
In‑unit laundry with washer/dryer included
Private back decks and front balconies for residents
Updates: flat rubber roof (2025), A/C for all units (2025), vinyl flooring updates (2022)

View details

Updated: Jun 9

Two-Structure Mixed-Use Renovation Property

1298 Ashland Road, Mansfield, OH 44905

$349,900

1.54 AC lot

Two commercial lots totaling 1.54 acres at 1298 & 1304 Ashland Rd in the Madison school district
New roofs installed on both properties
1298 Ashland Rd: 2‑unit building with rear unit on MTM lease; rear unit has 2 beds, 1 full bath
1298 Ashland Rd: front unit includes reception area, utility room, 2 baths, and multiple office spaces; access to basement and attic
1304 Ashland Rd: single‑family house with 3 beds and 1 bath, ready for rehabilitation

View details

3-Unit Multifamily Property

239 Adams St, Mansfield, OH 44902

$124,999

0.12 AC lot

Fully occupied all-electric building with updated mechanical and roofing improvements.

View details

See what stands out in Richland County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Updated 5-Unit Apartment Building

103 Marion Ave, Mansfield, OH 44903

$220,000

4,660 sqft

Five apartments with varied layouts, laundry hookups in multiple units, a fenced backyard, and a detached garage.

View details

Updated 5-Unit Apartment Building

103 Marion Ave, Mansfield, OH 44906

$220,000

Residential income property with varied unit layouts, laundry hookups, a fenced yard, and a detached garage.

View details

Duplex with Six Bedrooms

424 - 426 W Fifth Street, Mansfield, OH 44902

$1,457,000

Duplex built in 1920 with six bedrooms, two bathrooms, and forced-air natural gas heat.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Two-Unit Duplex with Detached Garage

123 -123 1/2 E Main Street, Lexington, OH 44904

$169,900

Separate living areas support rental use or multigenerational occupancy.

View details

Triplex with Covered Porches

377 S Main St, Mansfield, OH 44902

$199,000

2,688 sqft

Three residential units combine varied layouts, included appliances, covered porches, and shared parking across the property.

View details

Three-Unit Residential Property

51 Ausdale Ave, Mansfield, OH 44906

$109,000

Three apartments offer separate electric metering within a practical two-level layout.

View details

Triplex with Covered Porches

377 Main Street, Mansfield, OH 44907

$199,000

Triplex in Mansfield with vinyl siding, forced-air heat, and wall A/C units, plus covered porches and shared parking.

View details

Two-Story Duplex with Garages

519521 Straub Rd W, Mansfield, OH 44904

$259,900

2,240 sqft

Side-by-side units offer separate utilities in a wooded residential setting.

View details

Duplex with Separate Entrances and Utilities

49 -51 Lind Avenue, Mansfield, OH 44903

$169,900

Two-unit duplex offering separate entrances and utilities, plus off-street parking for several vehicles.

View details

Mixed-Use Multifamily & Retail Property

245 Fourth Street, Mansfield, OH 44903

$79,900

0.24 AC lot

Mixed-use property with recent updates including roof, plumbing, water heaters, and electrical improvements.

View details

Duplex with Detached Garage

123 E Main Street, Lexington, OH 44904

$169,900

Separate upper and lower residences include kitchens, full bathrooms, and distinct living areas.

View details

Side-by-Side Duplex

242 Trimble Rd, Mansfield, OH 44906

$295,000

Side-by-side duplex built in 1969 with 5 bedrooms and 3 bathrooms and public water and sewer.

View details

Duplex with Private Decks

1702 Middle Bellville Rd, Mansfield, OH 44906

$325,000

Updated duplex with private decks, vinyl siding, electric baseboard heat, and window AC in Lexington Schools.

View details

10-Unit Apartment Building

327 N TRIMBLE RD, Mansfield, OH 44906

Contact for pricing

3,240 sqft

Apartment property with ten units, constructed in 1978.

View details

Two-Home Duplex Property

922 Springmill Street, Mansfield, OH 44906

$109,900

Two separate residences share one parcel, with updated finishes, private outdoor space, and ample gravel parking.

View details

Three-Unit Apartment Building

51 Ausdale Ave, Mansfield, OH 44906

$109,000

All-electric multifamily property with separately metered apartments and a two-level layout.

View details

Large Side-by-Side Duplex

244 Trimble Rd, Mansfield, OH 44906

$295,000

Large side-by-side duplex built in 1969 with public water and public sewer.

View details

Two-Home Residential Income Property

383 Stewart Road N, Mansfield, OH 44905

Contact for pricing

2,220 sqft 0.50 AC lot

Cape Cod main home plus a remodeled cabin on a half-acre lot, each with dedicated living space.

View details

Side-by-Side Duplex with Four Bedrooms

216 Trimble Rd, Mansfield, OH 44906

$295,000

Side-by-side duplex built in 1969 with public water and public sewer service.

View details

Two-Unit Duplex with Garages

519 Straub Rd W, Mansfield, OH 44904

$259,900

Two-story property with separate utilities, private fenced yards, and garage access for each residence.

View details

Two-Unit Duplex with Garages

519521 Straub Road, Mansfield, OH 44904

$259,900

Side-by-side apartments feature separate utilities and a wooded setting.

View details

Mansfield, OH Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Mansfield, OH, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 15,048 square feet of properties for sale, with an estimated market value of $6,334,699.

Sale prices for multifamily properties in Mansfield, OH start at $79,900, averaging $263,945, and reaching up to $1,457,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 94K

Population Growth (5Y) +6.6%

Median Household Income $55,418

College Educated 16.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
44903	$139.4K
44906	$219.7K
44904	$259.9K
44905	$349.9K
44902	$560.2K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Richland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Mansfield fall within the 100,000+ square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings