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1502-1504 State Route 113 # 2 Milan, OH $ 150,000
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1502-1504 State Route 113 # 2
$ 150,000
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1502-1504 State Route 113 # 2

Milan, OH, 44846
$ 150,000
Baths0.0 Sq 1,260

Monthly Estimate*

$ 924

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Studio

Multi-Family Home for sale in Milan, OH

for $150,000. This 1,260 square foot home was built in 1920 on a lot size of 0.75.

Investor special in Milan featuring two homes on one lot! Unit 1502 offers 2 bedrooms, 1 full bath, and approximately 590 square feet. Unit 1504 features 2 bedrooms, 1 full bath, and approximately 670 square feet, plus appliances that will stay with the property. Excellent income-producing opportunity with separate living spaces ideal for rental properties or owner-occupancy with additional income potential. Unit 1502 was previously rented for $700/month, and Unit 1504 was previously rented for $750/month. Great opportunity to expand your investment portfolio!

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Multi-Family Active

Price

$ 150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,406

Style

Multiple Units

Lot Size

0.75

Year Built

1920

Town/City

Milan

County/Region

Erie

MLS | Web ID

20261901
Features
General
Sewer Septic Tank
Heating Gas
Possession TBD
Garage Spaces 1.00
Architectural Style 1 Story
Year Built 1920
Age 0
Unit Number 2
Property Subtype Multiple Units
Tax Year 0
Auction No
Gross Income 17400.00
County Erie
Net Operating Income 0.00
Operating Expense 0.00
Property Type Multiple Units
Subdivision Name Milan Township Sec 4
Close Price 0.00
Status Active
Directions From US-250 Turn onto OH-113 E/State Rte 113 E 1502 State Rte 113 E Milan OH 44846
City Milan
Zoning Description SFR 510
MLS Area Milan
Lot Size Units Acres
Lot Size Square Feet 32670.00
Home Warranty Y/N 0
Availability Date 1800-01-01
Legal Description 22-5-4 LOT 1 SUB 4 NE PT .75A
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Interior
Basement Part
Heating System Forced Air
Electricity ON
3/4 Baths 0
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Exterior
Parking Features Detached Garage
Water Source Well
Flood Plan Unknown
Exterior Construction Wood
Substructure Basement
Lot Size Acres 0.7500
Waterfront Y/N No
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Internal Only
Street Number 1 1502
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* Excluded Features
List By
Frank Van Dresser, Jr.

Listing Agent

Re/Max Quality Realty - Norwal

Broker

(419) 660-1907

Phone

Affordability Calculator

$1,041
Per Month
89%
11%
0%
Monthly Principal & Interest
$924
Monthly Property Taxes
$117
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1272019 Elementary School
1271802 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/28/2026$150,000 Listed Price

Map

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1502-1504 State Route 113 # 2, Milan, OH, 44846 is a Multi-Family Home for sale at $150,000 with 1,260 sqft and a lot size of 0.75. 1502-1504 State Route 113 # 2 is a studio with 0.0 baths and was built in 1920. The property's zip code is 44846 which is in Milan, OH

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