$150,000

1502 State Route 113 E Unit 2 Milan, OH 44846

Estimated payment $929/month

-- Bed
-- Bath
1,260 Sq Ft
$119 Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Wood Siding
  • Edison Elementary School (Formerly Milan Elementary) Rated 10
  • Forced Air Heating System

About This Home

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!

Listing Agent

Frank Van Dresser

RE/MAX Quality Realty - Norwal License #2001016429 Listed on: 05/28/2026

RE/MAX Quality Realty - Norwal

Co-Listing Agent

Default zSystem

zSystem Default

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1920

Lot Details

  • 32,670 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5000314000

Community Details

Overview

  • 2 Units
  • Milan Township Sec 4 Subdivision

Building Details

  • Gross Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1920

Lot Details

0.75 Acres

Parking

1

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.75
  • Total Gross Income: 17400
  • MLS Status: Active
  • Subdivision Name: Milan Township Sec 4
  • Directions: From US-250 Turn onto OH-113 E/State Rte 113 E 1502 State Rte 113 E Milan, OH 44846
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Unit Levels: One
  • Living Area: 1260
  • Year Built: 1920
  • Master Plan Zoning: SFR 510
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Basement YN: Yes

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Attached Garage: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 32670
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5000314000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1406.12

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2026 05/28/26 For Sale $150,000 -- $119 / Sq Ft
Source: Firelands Association of REALTORS®

Source: Firelands Association of REALTORS®

MLS Number: 20261901

Ohio Erie County Milan 44846

1502 State Route 113 E Unit 2, Milan, OH

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Frank Van Dresser
Listing Agent
Frank Van Dresser
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RE/MAX Quality Realty - Norwal
(419) 502-5016
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