Sold
Last Sold Price
1,260 sqft
1502 State Rte 113 East, Unit 2, Milan, OH 44846
Multi FamilyProperty Type
0.75 acresLot Size
1920Year Built
$103/sq ftPrice per sq ft
1 carParking Spaces

Description

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....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!
  • Listed by: Frank Van Dresser 419.660.1907 fvdteam@gmail.com Brokerage DRE #0001404728 • RE/MAX Quality Realty - Norwalk
Listing closed: 06/26/2026 12:00 AM • Source: Firelands Association of REALTORS, MLS#: 20261901

Location

Listing Courtesy of RE/MAX Quality Realty - Norwalk

Sold By RE/MAX Quality Realty - Norwalk

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$672 per month

30 year fixed, 6.71% Interest

Principal and Interest

$672

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HOA Dues

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Property Information for 1502 State Rte 113 East, Unit 2

Property Details
  • MLS Type: Residential Income / Multi Family
  • County: Erie County
  • Architectural Style: 1 Story
  • Subdivision Name: Milan Township Sec 4
  • Zoning: SFR 510
  • Zoning Description: SFR 510
Building Information
  • Year Built: 1920
  • Lot Size: 0.75 AC / 32,670 SF
Summary
Location and General Information
  • Carrier Route: R093
  • Directions: From US-250 Turn onto OH-113 E/State Rte 113 E 1502 State Rte 113 E Milan, OH 44846
  • Latitude: 41.298802
  • Longitude: -82.594436
  • Township: Milan
  • Unit Number: 2
Taxes and HOA
  • Parcel Number: 5000314000
Parking
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
Property
Lot Information
  • Lot Size Acres: 0.75
  • Lot Size Square Feet: 32670.0
Property and Assessments
  • Building Area Total: 1260.0
  • Living Area: 1260.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1920
Building Features
  • Construction Materials: Wood Siding
  • Roof: Metal
Utilities
  • Sewer: Septic Tank
  • Water Source: Well, Private
Interior and Exterior Features
Interior Features
  • Basement: Partial
  • Has Basement: Yes
  • Heating: Natural Gas, Forced Air
  • Has Heating: Yes
  • Has Spa: No
Multi Family
Income & Expenses
  • Gross Income: $17,400

Property History for 1502 State Rte 113 East, Unit 2

DateEvent & SourcePriceAppreciation
Jun 26, 2026

Sold

Firelands Association of REALTORS #20261901

$130,000
Jun 25, 2026

Contract Signed

Firelands Association of REALTORS #20261901

Jun 10, 2026

Contract Out

Firelands Association of REALTORS #20261901

DateEvent & SourcePrice
06/26/2026

Sold

Firelands Association of REALTORS #20261901

$130,000
06/25/2026

Contract Signed

Firelands Association of REALTORS #20261901

06/10/2026

Contract Out

Firelands Association of REALTORS #20261901

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1502 State Rte 113 East, Unit 2

This home is within Edison Local (Formerly Berlin-Milan) School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Edison High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1502 State Rte 113 East, Unit 2, Milan, OH 44846
$130,000
1,260
32,670
$135,000
3
1
1,752
22,216
$100,000
2,520
25,352
$163,000
4
1.5
3,032
69,260
4
2
1,680
30,928
$155,500
4
2,000
30,928

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Quality Realty - Norwalk

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Firelands Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Firelands Association of REALTORS®. All Rights Reserved.