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    Richland County, OH Residential Income 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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    Historic Gothic Revival Investment Property
    Updated: May 23
    Historic Gothic Revival Investment Property

    159 N Walnut Street, Mansfield, OH 44902

    $349,000
    2,352 sqft 0.17 AC lot
    Historic 2‑story, cross‑shaped brick property built in 1865 and divided into 2 apartments (front and rear).
    About 2,000 SF with a 3‑bedroom/2‑bath front unit and a rear two‑story loft apartment with open living/kitchen and half bath.
    Early Gothic Revival features include pointed arch, multi‑paned original restored windows and restored interior woodwork.
    Upstairs front unit includes 16‑ft vaulted ceilings, a vaulted living room, and a skylighted study loft; laundry off the living room.
    Rear loft apartment has open living/kitchen with 3 skylights, plus a bedroom, closet, bath, and laundry in the loft area.
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    97-Unit Apartment Community
    97-Unit Apartment Community

    769 Sunset Blvd, Mansfield, OH 44907

    $7,500,000
    6.94 AC lot

    Sunset Blvd Apartments offers a 97-unit mix with in-unit washer/dryer hookups and private patios or balconies.

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    Versatile Duplex with Conversion Option
    Versatile Duplex with Conversion Option

    16 High School Avenue, Shelby, OH 44875

    $169,900
    3,287 sqft

    Two-unit duplex with flexible upstairs layout, offering rental income opportunities or conversion to a single-family home.

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    Historic 6-Unit Apartment Building
    Historic 6-Unit Apartment Building

    283 Park Avenue W, Mansfield, OH 44902

    $459,900
    0.51 AC lot

    Brick six-unit building with private parking, in-unit laundry, and 2025 roof and new A/C units.

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    Updated Triplex with Private Parking
    Updated Triplex with Private Parking

    30 Douglas Avenue, Mansfield, OH 44906

    $174,900
    0.15 AC lot

    Fully rented triplex with private parking and 2025 updates including new HVAC, flooring, paint, and appliances.

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    Two-Structure Mixed-Use Renovation Property
    Two-Structure Mixed-Use Renovation Property

    1298 Ashland Road, Mansfield, OH 44905

    $349,900
    1.54 AC lot

    Two buildings on 1.54 acres include new roofs, with one unit currently occupied under a month-to-month lease.

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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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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    239 Adams St, Mansfield, OH 44902

    $124,999
    0.12 AC lot

    Three-unit, all-electric building with two 1-bedroom units and an upstairs 2-bedroom unit, fully occupied.

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    Triplex Income Property with Car Shop
    Triplex Income Property with Car Shop

    3265 State Route 39, Shelby, OH 44875

    $274,900
    0.82 AC lot

    Three 2-bedroom, 1-bath units are currently rented, and the property operates as a custom car shop.

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    Mixed-Use Income Building
    Mixed-Use Income Building

    205 Spring St, Mansfield, OH 44902

    Contact for pricing
    2,531 sqft

    Commercial building with two upstairs 1-bed/1-bath rental units, previously a bar and grille.

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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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    Side-by-Side Duplex with In-Unit Laundry
    Side-by-Side Duplex with In-Unit Laundry

    42 S Gamble, Shelby, OH 44875

    $174,900

    Fully occupied side-by-side duplex with 3 bed/2 bath units, off-street parking, laundry hookups, and separate utility metering.

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    Historic Five-Building Mixed-Use Block
    Historic Five-Building Mixed-Use Block

    48 W Main St, Shelby, OH 44875

    Contact for pricing
    51,000 sqft

    Five historical downtown buildings offer multifamily conversion work, retail and shared office/cowork space, plus substantial parking.

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    Side-by-Side Duplex with Private Yard
    Side-by-Side Duplex with Private Yard

    33 Marvin Ave, Shelby, OH 44875

    $184,900

    Side-by-side duplex with two occupied 2BR/1BA units, each with laundry hookups and separately metered utilities.

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    Triplex With Covered Porches
    Triplex With Covered Porches

    377 Main Street, Mansfield, OH 44907

    $199,000

    Three-unit triplex includes covered front porches, rear gravel parking, and stove, refrigerator, and washer/dryer in Unit 377.

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    97-Unit Multifamily Apartment Community
    97-Unit Multifamily Apartment Community

    769 Sunset Blvd, Mansfield, OH 44907

    $7,500,000

    Well-maintained 97-unit multifamily building with one-, two-, and three-bedroom units and washer/dryer hookups.

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    Mixed-Use Building with Storefront
    Mixed-Use Building with Storefront

    38 Main Street, Shelby, OH 44875

    $129,900
    0.05 AC lot

    Mixed-use property with a storefront level and an upstairs 2-bedroom apartment, currently leased by a long-term tenant.

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    Side-by-Side Duplex Investment
    Side-by-Side Duplex Investment

    33 Marvin Ave, Shelby, OH 44875

    $184,900

    Side-by-side duplex with two occupied 2-bedroom, 1-bath units, each separately metered with laundry hookups.

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    Up-Down Duplex with Additional Lot
    Up-Down Duplex with Additional Lot

    172 Lexington Ave, Mansfield, OH 44907

    $137,500

    Well-maintained duplex with two rental units, plus an additional lot for off-street parking.

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    Well-Located Triplex Investment
    Well-Located Triplex Investment

    40 Second, Shelby, OH 44875

    $100,000

    Tenant-occupied triplex with new plumbing and two long-term tenants generating gross monthly rent.

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    Mixed-Use Multifamily & Retail Property
    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.

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    Two-Home Residential Income Property
    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.

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    Two-Unit Duplex With Garages
    Two-Unit Duplex With Garages

    519/521 Straub Road, Mansfield, OH 44904

    $259,900

    Well-maintained duplex with newer carpeting, separate utilities, and an individual garage for each unit.

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    Richland County, OH Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Richland County, OH, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 65,850 square feet of properties for sale, with an estimated market value of $21,615,899.

    Sale prices for residential income properties in Richland County, OH start at $54,900, averaging $655,027, and reaching up to $7,500,000 — 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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