Multifamily

Spencerville, OH Multifamily Properties for Sale

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Lima, OH Delphos, OH Mendon, OH Elida, OH Rockford, OH Van Wert, OH Saint Marys, OH Wapakoneta, OH
Brick Duplex with Off-Street Parking
Updated: May 7
Brick Duplex with Off-Street Parking

547 N Broadway Street, Spencerville, OH 45887

$450,000
2,842 sqft
2,842 SF duplex in a two‑story brick building
Each unit includes washer and dryer hookups
Paved off‑street parking area
Natural gas and forced‑air heating with central air
Separate cooling meters for the units
View details
3-Unit Rental Property with Garage
Updated: Oct 26
3-Unit Rental Property with Garage

305 N Broadway Street, Spencerville, OH 45887

$199,000
Three‑unit rental configuration with four bedrooms and three full bathrooms
1,283‑square‑foot first floor and 909‑square‑foot upper level
Industrial zoning
Detached frame garage measuring 360 square feet
281‑square‑foot open masonry porch, multiple wood decks, and two enclosed porches
View details
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2 active listings match your search: Multifamily for sale in Spencerville, OH. Based on your search, we've also compiled 31 Potential Opportunities for your consideration: 4 properties in nearby cities and 27 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

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

19-Unit Apartment Building
19-Unit Apartment Building

5319 S Dixie Highway, Cridersville, OH 45806

$995,000
19 units  9,032 sqft  Built 1921 / renov 1994

A mix of furnished and long-term units offers two rental configurations within the same property.

Window A/C  Electric heat
View details
19-Unit Apartment Building
19-Unit Apartment Building

5319 S Dixie Highway, Cridersville, OH 45806

$995,000
19 units  9,032 sqft  Built 1921 / renov 1994

Commercial zoning supports a property with both furnished and long-term residential units.

View details
Two-Unit Duplex with Garages
Two-Unit Duplex with Garages

230-234 N Woodlawn Avenue, Lima, OH 45805

$110,000
2 units

Tenant-occupied residential income property with private garages, off-street parking, and spacious three-bedroom layouts.

2 spaces  2 x 3BR/1BA
View details
Two-Unit Duplex
Two-Unit Duplex

1219 W Spring St, Lima, OH 45805

$135,000
2 units

Two-level residential income property with separate units arranged on the first and upper floors.

View details

Off-Market Properties in Spencerville, OH

Consider similar Off-Market properties in Spencerville, 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.

120 Broadway St
APARTMENT HOUSE (5+ UNITS)

120 Broadway St, Spencerville, OH 45887-2203

Estimated value:
$65,000
3,120 sqft 0.04 AC lot
View details
426 Charles St
MOBILE HOME PARK, TRAILER PARK

426 Charles St, Spencerville, OH 45887-1116

Estimated value:
$250,000
1,703 sqft 0.97 AC lot
View details
211 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

211 Wurster Dr, Spencerville, OH 45887-1353

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
204 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

204 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$270,000
1,880 sqft 0.18 AC lot
View details
232 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

232 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
228 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

228 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
208 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

208 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
236 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

236 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$285,000
2,100 sqft 0.19 AC lot
View details
235 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

235 Wurster Dr, Spencerville, OH 45887-1354

Estimated value:
$240,000
1,600 sqft 0.18 AC lot
View details
200 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

200 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$285,000
2,100 sqft 0.17 AC lot
View details
231 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

231 Wurster Dr, Spencerville, OH 45887-1354

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
216 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

216 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
227 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

227 Wurster Dr, Spencerville, OH 45887-1354

Estimated value:
$240,000
1,600 sqft 0.18 AC lot
View details
207 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

207 Wurster Dr, Spencerville, OH 45887-1353

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
224 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

224 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
212 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

212 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
220 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

220 Wurster Dr, Spencerville, OH 45887-1352

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
215 Wurster Dr
APARTMENT HOUSE (5+ UNITS)

215 Wurster Dr, Spencerville, OH 45887-1353

Estimated value:
$240,000
1,600 sqft 0.17 AC lot
View details
Pearl St
APARTMENT HOUSE (5+ UNITS)

Pearl St, Spencerville, OH 45887

Estimated value:
$250,000
0.19 AC lot
View details
610 College St
APARTMENT HOUSE (5+ UNITS)

610 College St, Spencerville, OH 45887-1350

Estimated value:
$245,000
1,594 sqft 0.22 AC lot
View details
600 College St
APARTMENT HOUSE (5+ UNITS)

600 College St, Spencerville, OH 45887-1349

Estimated value:
$70,000
589 sqft 0.20 AC lot
View details
605 College St
APARTMENT HOUSE (5+ UNITS)

605 College St, Spencerville, OH 45887-1351

Estimated value:
$315,000
2,548 sqft 0.28 AC lot
View details

Spencerville, OH Multifamily Properties Market Trends and Statistics

Explore 29 multifamily properties for sale in Spencerville, OH on our real estate platform. These investment opportunities span a total of 2,842 square feet of properties for sale, with an estimated market value of $649,000.

Sale prices for multifamily properties in Spencerville, OH start at $199,000, averaging $324,500, and reaching up to $450,000 — 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 1

Demographics Overview

Population 4,335
Population Growth (5Y) +0.9%
Median Household Income $62,838
College Educated 15.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
45887 $450K

Taxes & Financing

Tax Rate (average for all types) 4.03%
Property Tax per SF $60.56 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Allen County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Allen County

Retail

Office

Residential Income

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