318 Rae Court

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Active
$2,500,000
Est: $14,860/moGet pre-approved
24,004 sqft

318 Rae Court, Willard, OH 44890

Multi FamilyProperty Type
3.05 acresLot Size
1973Year Built
$104/sq ftPrice per sq ft

Description

Expand your investment portfolio with this 36-unit apartment complex comprised of 13 buildings. 12 units currently being renovated with a waitlist for occupancy. The property includes 35 one-bedroom, one-bath units and one two-bedroom, one-bath unit, providing a proven unit mix in a strong rental market. Spacious grounds, convenient parking, and a location near schools, parks, shopping, and major services contribute to long-term tenant appeal. This is a rare opportunity to acquire a large multifamily...Expand your investment portfolio with this 36-unit apartment complex comprised of 13 buildings. 12 units currently being renovated with a waitlist for occupancy. The property includes 35 one-bedroom, one-bath units and one two-bedroom, one-bath unit, providing a proven unit mix in a strong rental market. Spacious grounds, convenient parking, and a location near schools, parks, shopping, and major services contribute to long-term tenant appeal. This is a rare opportunity to acquire a large multifamily asset with immediate income potential and the opportunity to increase value through continued management and future improvements. Schedule your showing today!
76 days on Market
  • Listed by: Deanna Fishbaugh 567.224.7104 deannafishbaugh@gmail.com Brokerage DRE #0000190520 • Sluss Realty
Last updated: 07/28/2026 11:01 AM • Source: Mansfield AOR, MLS#: 20100135
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Amenities

  • Baseboard Heating

Location

Listing Courtesy of Sluss Realty
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$14,860 per month

30 year fixed, 7.03% Interest

Principal and Interest

$13,346

Property Taxes

$1,513

HOA Dues

$0

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Property Information for 318 Rae Court

Property Details

  • Taxes: $18,161 / year
  • MLS Type: Residential Income / Apartment
  • County: Huron County

Building Information

  • Year Built: 1973
  • Lot Size: 3.05 AC / 132,810 SF

Summary

Location and General Information
  • Carrier Route: R005
  • Directions: From Mansfield take Springmill Rd through Plymouth, then take State Route 61 North and US-224 West to Rae Ct in Willard. Turn onto Rae Ct to reach the destination.
  • Latitude: 41.044106
  • Longitude: -82.73065
Taxes and HOA
  • Parcel Number: 510360010260200
  • Tax Annual Amount: $18,160.82

Property

Lot Information
  • Lot Size Acres: 3.0489
Property and Assessments
  • Current Use: See Remarks
  • Living Area: 24004.0
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1973
Building Features
  • Number Of Buildings: 13
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Heating: Baseboard
  • Has Heating: Yes

Property History for 318 Rae Court

DateEvent & SourcePriceAppreciation
Jul 27, 2026

Listed (Active)

Mansfield AOR #20100135

$2,500,000—
DateEvent & SourcePrice
07/27/2026

Listed (Active)

Mansfield AOR #20100135

$2,500,000

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

Public records

318 Rae Court

Total Finished SqFt

1,891 SqFt

Above Grade Finished SqFt

1,891 SqFt

Stories

1

Lot Size

135,036 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1973

Schools near 318 Rae Court

This home is within Willard City School District.
Rating
School
Type
Grades
Distance
Central Elementary School
Public - PK to 5
Willard Middle School
Public - 5 to 8
Willard High School
Public - 9 to 12
St Francis Xavier School
Private - K to 6
Rating
School
Distance
Central Elementary School
PublicPK to 5

Willard Middle School
Public5 to 8

Willard High School
Public9 to 12

St Francis Xavier School
PrivateK to 6

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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More information about 318 Rae Court, Willard, OH 44890

318 Rae Court is a multi-family home for sale in Willard, OH 44890. This property was listed for sale on July 27, 2026 by Sluss Realty, it's currently listed at $2,500,000. This listing's school district is Willard City School District. Nearby schools include Central Elementary School, Willard Middle School and Willard High School. 318 Rae Court is a 0-bed, 0-bath, 24,004 sqft multi-family home built in 1973.

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 Sluss Realty

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Mansfield Board of REALTORS® MLS. 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. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Mansfield Board of REALTORS® MLS. All rights reserved.