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    Mansfield, OH Multifamily Properties for Sale

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    Mansfield Multi-Family Investment Opportunity
    Updated: Mar 10
    Mansfield Multi-Family Investment Opportunity

    49 -51 Lind Avenue, Mansfield, OH 44903

    $174,900
    2,100 sqft 0.10 AC lot
    Two‑unit multi‑family with both upper and lower units, each with separate entrances and utilities
    Each unit offers 3 bedrooms plus living room (LR), dining room (DR), and kitchen (Kit)
    Forced‑air natural gas heating; asphalt roof
    Public water and public sewer
    Off‑street parking for several vehicles
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    This listing looks promising.

    Here's a quick look at some key insights for

    49 -51 Lind Avenue, Mansfield, OH 44903

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $223K
      Above asking

    • Property Type

      Single Family Residence
      Built 1930
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    Duplex Property with Renovation Opportunity
    Updated: Jun 9
    Duplex Property with Renovation Opportunity

    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
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    Historic Six-Unit Brick Apartment Building
    Historic Six-Unit Brick Apartment Building

    283 Park Avenue W, Mansfield, OH 44902

    $459,900
    0.51 AC lot

    Historic six-unit brick building with central air, in-unit laundry, private outdoor space, and dedicated parking for tenants.

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    Updated Duplex with Separate Access
    Updated Duplex with Separate Access

    394 South Main Street, Mansfield, OH 44907

    $190,000
    2,360 sqft

    Modern finishes and major system improvements support flexible owner-occupant or rental use across two unit layouts.

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    Historic Gothic Revival Investment Property
    Historic Gothic Revival Investment Property

    159 N Walnut Street, Mansfield, OH 44902

    $349,000
    2,352 sqft 0.17 AC lot

    Fully occupied duplex in downtown Mansfield's Carrousel District.

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    Fully Rented Triplex with Updates
    Fully Rented Triplex with Updates

    30 Douglas Avenue, Mansfield, OH 44906

    $174,900
    0.15 AC lot

    Triplex with three renovated units, private rear parking, and updated heating and cooling systems.

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    All-Electric Three-Unit Multifamily Property
    All-Electric Three-Unit Multifamily Property

    239 Adams St, Mansfield, OH 44902

    $124,999
    0.12 AC lot

    Upgraded, all-electric triplex features two 1-bedroom units and an upper 2-bedroom unit.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    596 Bigelow Road, Mansfield, OH 44907

    $450,000

    Seven 1-bedroom units in Mansfield with a newer roof and newly replaced boiler, plus coin-operated basement laundry.

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    Seven-Unit Apartment Building
    Seven-Unit Apartment Building

    596 Bigelow Rd, Mansfield, OH 44907

    $450,000
    0.48 AC lot

    Seven 1-bedroom units with coin-operated basement laundry and recent roof and boiler updates.

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    Triplex with Two Covered Porches
    Triplex with Two Covered Porches

    377 Main Street, Mansfield, OH 44907

    $199,000

    Three-unit triplex with in-unit kitchens and shared parking, offering flexibility for investors or owner-occupants.

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    Mansfield Triplex: Investor Opportunity
    Mansfield Triplex: Investor Opportunity

    710 Lexington Avenue, Mansfield, OH 44907

    $199,900

    Triplex in Mansfield, Ohio, generating $2,125 monthly income.

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    Well-Maintained Duplex with Garages
    Well-Maintained Duplex with Garages

    519521 Straub Road, Mansfield, OH 44805

    $259,900
    0.25 AC lot

    Duplex in a wooded setting, separate utilities, fenced yards.

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    Well-Maintained Duplex with Extra Lot
    Well-Maintained Duplex with Extra Lot

    172 Lexington Ave, Mansfield, OH 44907

    $137,500

    Up/down duplex with additional lot and off-street parking.

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    Updated Duplex in Lexington Schools
    Updated Duplex in Lexington Schools

    1702 Middle Bellville Rd, Mansfield, OH 44906

    $325,000

    Updated duplex with rental history and private backyards.

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    Two-Unit Mixed-Use Building
    Two-Unit Mixed-Use Building

    205 Spring Street, Mansfield, OH 44902

    $54,900
    0.62 AC lot

    Mixed-use building with two 1-bed/1-bath rental units above and recent mechanical and unit updates.

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    Updated Duplex with Separate Access
    Updated Duplex with Separate Access

    394 S Main Street, Mansfield, OH 44907

    $190,000
    0.14 AC lot

    Two-unit duplex with modern interior finishes, updated systems, and separate access for flexible living or occupancy.

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    Mansfield, OH Multi-Family Duplex
    Mansfield, OH Multi-Family Duplex

    244 Trimble Rd, Mansfield, OH 44906

    $295,000

    Large duplex with a great rental history in Mansfield, Ohio.

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    Large Duplex with Rental History
    Large Duplex with Rental History

    242 Trimble Rd, Mansfield, OH 44906

    $295,000

    Side-by-side duplex with a strong rental history in Mansfield.

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    Mansfield Duplex with Rental History
    Mansfield Duplex with Rental History

    216 Trimble Rd, Mansfield, OH 44906

    $295,000

    Large side-by-side duplex with a strong rental history.

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    Mixed-Use Multi-Family Opportunity
    Mixed-Use Multi-Family Opportunity

    245 Fourth Street, Mansfield, OH 44903

    $79,900
    0.24 AC lot

    Mixed-use property with recent system updates, offering a foundation for completing interior and exterior improvements.

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    Multi-Family Home in Mansfield, OH
    Multi-Family Home in Mansfield, OH

    524 Lida, Mansfield, OH 44903

    $87,900

    Multi-family property with income potential in a convenient location.

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    Mansfield Multi-Family Investment Opportunity
    Mansfield Multi-Family Investment Opportunity

    49 -51 Lind Avenue, Mansfield, OH 44903

    $174,900

    Two-unit property near downtown and OhioHealth Mansfield Hospital.

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    All-Brick Duplex with Private Basements
    All-Brick Duplex with Private Basements

    493 Logan Rd., Mansfield, OH 44907

    $304,000

    Each unit offers three bedrooms, private basement space, garage parking, and tenant-paid separate utilities.

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    Downtown Triplex Income Property
    Downtown Triplex Income Property

    152 -156 Third Street, Mansfield, OH 44902

    Contact for pricing

    Triplex configured with three furnaces and water heaters, with potential to add a fourth unit.

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    Mansfield, OH Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Mansfield, OH, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 6,812 square feet of properties for sale, with an estimated market value of $713,900.

    Sale prices for multifamily properties in Mansfield, OH start at $174,900, averaging $237,966, and reaching up to $349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 15
    Triplexes 6
    Apartment buildings 4
    Quadplexes 1
    Small apartment buildings 1

    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
    Mansfield $220.1K
    Ashland $259.9K

    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.

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    Most Searched ZIP Codes in Mansfield, OH

    • 44907
    • 44903
    • 44902
    • 44906
    • 44805
    • 44905

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