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    Shelby, OH Multifamily Properties for Sale

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    Crestline, OH Ontario, OH Mansfield, OH
    6 results
    Shelby Commercial Property with Income
    $279,900
    5,268 SF

    Shelby Commercial Property with Income

    3265 State Route 39, Shelby, OH 44875

    Commercial property with income potential and business opportunities in Shelby.

    • Substantial Rental Income: $27,000 projected for 2025.
    • Multiple Rental Units: Features three 2‑bed/1‑bath units, all currently rented.
    • Income‑Generating Potential: Opportunity to start earning from day one, offsetting mortgage costs.
    • Flexible Usage: Potential for a 4th unit to live in or rent out.
    • High Traffic Location: Over 5000 cars pass by daily, ideal for business visibility.
    Updated: Mar 30
    View details
    Spacious Duplex in Shelby, OH
    $169,900
    3,287 SF

    Spacious Duplex in Shelby, OH

    16 High School Avenue, Shelby, OH 44875

    Versatile duplex perfect for investors or multi-generational living.

    • Versatile duplex ideal for investors, multi‑generational living, or rental income.
    • Boasts a total of 3287 square feet of living space.
    • Downstairs unit features 3 bedrooms and 2 full bathrooms with dedicated laundry area.
    • Upstairs unit offers 1 bedroom (potentially 2) with living room, kitchen, and full bath.
    • Potential to convert back into a single‑family home.
    Updated: Mar 27
    View details
    Shelby, OH Four-Unit Apartment
    $419,900

    Shelby, OH Four-Unit Apartment

    Fully occupied four-unit brick apartment complex in Shelby, Ohio.

    60 Grand Boulevard, Shelby, OH 44875
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    Shelby Mixed-Use Investment Opportunity
    $129,900
    2,185 SF

    Shelby Mixed-Use Investment Opportunity

    Mixed-use commercial building with storefront and apartment in Shelby.

    38 E Main Street, Shelby, OH 44875
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    Shelby Duplex Investment Opportunity
    $110,000

    Shelby Duplex Investment Opportunity

    Well-maintained duplex in Shelby, offering cash flow and upside.

    100 1/2 Broadway Street, Shelby, OH 44875
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    Shelby Triplex Investment Opportunity
    $130,000

    Shelby Triplex Investment Opportunity

    Three-unit property in Shelby, great investment potential.

    100 Broadway Street, Shelby, OH 44875
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 6 Active listings in Shelby, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Mansfield Duplex with Rental History
    $295,000

    Mansfield Duplex with Rental History

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

    216 Trimble Rd, Mansfield, OH 44906
    View details
    Multi-Family Home in Mansfield, OH
    $87,900

    Multi-Family Home in Mansfield, OH

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

    524 Lida, Mansfield, OH 44903
    View details
    Mixed-Use Property with Income Potential
    $140,000

    Mixed-Use Property with Income Potential

    Mixed-use property featuring a laundromat and two apartments.

    25 E Main Street, Plymouth, OH 44865
    View details
    Crestline Village Trailer Park Investment
    $499,999
    4.82 Acres

    Crestline Village Trailer Park Investment

    Licensed 25-pad trailer park in Crestline Village, Ohio.

    211 Reindl Drive, Crestline, OH 44827
    View details

    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.

    Residential Land in Mount Gilead
    Contact for pricing
    0.40 Acres

    Residential Land in Mount Gilead

    Land available in Mount Gilead with lake amenities.

    7326 State Route 19, Mount Gilead, OH 43338
    View details
    Grove City Land Opportunity
    $182,000
    0.83 Acres

    Grove City Land Opportunity

    Land available in Grove City, suitable for residential or commercial.

    2120 Edwards Road, Grove City, OH 43123
    View details
    Eastlake Marina District Land
    $765,000
    5.66 Acres

    Eastlake Marina District Land

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

    35783 Lake Shore Boulevard, Eastlake, OH 44095
    View details
    Wintersville Land For New Development
    $98,000
    3.92 Acres

    Wintersville Land For New Development

    Nearly 4 acres ideal for housing or commercial development.

    601 County Road 34, Wintersville, OH 43953
    View details

    Off-Market Properties in Shelby, OH

    Consider similar Off-Market properties in Shelby, 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.

    6787 Baker 47
    CAMPGROUND, RV PARK
    Lot: 21.95 Acres
    Value Estimation by Request

    6787 Baker 47, Shelby, OH 44875-9103

    View details
    60 Grand Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,277 SF Lot: 0.63 Acres

    60 Grand Blvd, Shelby, OH 44875-1371

    View details
    5624 State Rte 61st N
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.59 Acres
    Value Estimation by Request

    5624 State Rte 61st N, Shelby, OH 44875

    View details
    30-32 Smiley
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,320 SF Lot: 0.11 Acres
    Value Estimation by Request

    30-32 Smiley, Shelby, OH 44875

    View details
    8 Morningside Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,400 SF
    Value Estimation by Request

    8 Morningside Dr, Shelby, OH 44875-1660

    View details

    Shelby, OH Multifamily Properties Investment Opportunities Market Analysis

    Explore 11 multifamily properties for sale in Shelby, OH, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 10,740 square feet of properties for sale, with an estimated market value of $579,700.

    Sale prices for multifamily properties in Shelby, OH start at $129,900, averaging $193,233, and reaching up to $279,900 — 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

    Duplexes 2
    Triplexes 2
    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +4.4%
    Median Household Income $60,669
    College Educated 20.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    44875 $206.6K

    Taxes & Financing

    Tax Rate (average for all types) 5.76%
    Property Tax per SF $82.27 per sq ft
    Average Loan-to-Value 65.0%

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