13103 Old Mudbrook Road Milan, OH $ 299,000
13103 Old Mudbrook Road
$ 299,000
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13103 Old Mudbrook Road

Milan, OH, 44846
$ 299,000
Bedrooms-- Baths0.0 Sq 3,930

Monthly Estimate*

$ 2,065

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Multi-Family Home for sale in Milan, OH

for $299,000. This 3,930 square foot home was built in 1920 on a lot size of 0.357.

INVESTORS TAKE NOTICE! 5-UNIT INCOME PROPERTY IN THE HIGHLY DESIRABLE EDISON SCHOOL DISTRICT!An excellent opportunity to acquire a 5-unit investment property in a peaceful rural setting within the sought-after Edison School District!INSTANT INCOME WITH VALUE-ADD POTENTIAL! Four of the five units are currently occupied, providing immediate rental income, while the vacant unit offers an opportunity for improvements and potential rent growth. With some cosmetic updates and strategic upgrades, there may be significant potential to increase rental income, build equity, and improve your overall return on investment.PROPERTY HIGHLIGHTS:*Five residential rental units*Four units currently occupied. No Section 8 tenants. *Three units are on month-to-month lease basis.*Desirable rural location in the Edison School District*Separate electric service for each unit*Shared water system and septic system*Septic system maintained by Franklin Sanitation*Opportunity to increase rental income through updates and improvements*Immediate income from existing tenantsUNIT CONFIGURATION:All 2 bd, 1 bathUnit A - Lower Rear: $650 Lease expires 2/28/2027Unit B - Lower: $1000Unit C - Upper: Vacant (Market Rent $1,100.00) Unit D - Upper: $1000 At-will since 7/31/2025Unit E - Lower: $950SHOWING INFORMATION: The vacant unit is available for showings. To respect the privacy of existing tenants and minimize unnecessary disruptions, occupied units will be made available for viewing upon receipt of a Letter of Intent (LOI).THE OPPORTUNITY- Purchase an income-producing property with existing cash flow, make strategic improvements over time, and potentially enjoy increased rental income and long-term appreciation.Experienced investors know the money is often made by recognizing potential before everyone else does!*To respect tenants privacy there are no interior photos of occupied units*

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Multi-Family Active

Price

$ 299,000

Property Type

Multi-Family

Taxes

$ 2,234

Style

5-15 Units

Lot Size

0.357

Year Built

1920

Town/City

Milan

County/Region

Erie

MLS | Web ID

20264281

Features
General
Sewer Septic Tank
Heating Electric
Possession At Closing
Garage Spaces 0.00
Architectural Style 2 Story
Extras Range Refrigerator
Year Built 1920
Age 0
Property Subtype 5-15 Units
Tax Year 2025
Auction No
Gross Income 0.00
County Erie
Net Operating Income 0.00
Operating Expense 0.00
Property Type Multiple Units
Subdivision Name Milan Township
Close Price 0.00
Status Active
City Milan
High School District Edison
MLS Area Milan
Lot Size Units Acres
Lot Size Square Feet 15551.00
Home Warranty Y/N 0
Availability Date 1800-01-01
Legal Description 4 LOT 13 E OF SANDUSKY NORWALK
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Interior
Basement Part
Heating System Baseboard
Electricity ON
3/4 Baths 0
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Exterior
Parking Features Off Street
Water Source Rural
Flood Plan Unknown
Exterior Construction Vinyl Siding
Substructure Basement
Lot Size Acres 0.3570
Waterfront Y/N No
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Internal Only
Street Number 1 13103
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* Excluded Features
List By
Tarina M. Sidoti

Listing Agent

Bhhs Professional Realty

Broker

(419) 706-2365

Phone

Affordability Calculator

$2,251
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,065
Monthly Property Taxes
$186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1272016 Elementary School
1271881 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2026$299,000 Listed Price

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13103 Old Mudbrook Road, Milan, OH, 44846 is a Multi-Family Home for sale at $299,000 with 3,930 sqft and a lot size of 0.357. 13103 Old Mudbrook Road has 0.0 baths and was built in 1920. The property's zip code is 44846 which is in Milan, OH