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    Toledo, OH Apartment Buildings for Sale

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    High-Rise Multifamily Investment Opportunity
    Updated: Feb 19
    High-Rise Multifamily Investment Opportunity

    245 N Summit St, Toledo, OH 43604

    $14,500,000
    146,352 sqft
    Attractive acquisition basis relative to comparable Midwest properties, offering stronger yields and return potential.
    Upside potential through continued lease‑up, rent growth, and future expansion within the existing building.
    Stable in‑place income supported by a diverse and resilient Toledo employment base.
    Downtown Toledo benefiting from significant public and private reinvestment, enhancing livability and walkability.
    Toledo's affordability compared to larger Midwest metros drives strong workforce housing demand.
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    This listing looks promising.

    Here's a quick look at some key insights for

    245 N Summit St, Toledo, OH 43604

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $1.23M
      Annual

    • Price @ 7% Cap

      $17.62M
      Above asking

    • Property Type

      City, Municipal, Town, Village Owned (Exempt)
      Built 1912
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    Apartment Building with Parking Lot
    Updated: May 4
    Apartment Building with Parking Lot

    5311 N. Detroit, Toledo, OH 43612

    $1,200,000
    13,464 sqft
    Apartment building built in 1970
    Located close to downtown Toledo
    Access to multiple major freeways and employment centers
    Parking lot provides space for residents and visitors
    Permitted use schedule available (see attached)
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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    317 N Superior St, Toledo, OH 43604

    $900,000
    36,000 sqft

    Mixed-use building with first-floor retail and approved plans for 19 apartments above.

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    Downtown Multifamily Income Property
    Downtown Multifamily Income Property

    2574 Monroe St, Toledo, OH 43620

    $499,000
    10,240 sqft

    Well-maintained multifamily complex located in downtown Toledo, directly across from The Toledo Art Museum.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Twelve-Unit Multifamily Investment Opportunity
    Twelve-Unit Multifamily Investment Opportunity

    801/811 Hilltop Lane, Toledo, OH 43615

    $989,000
    0.75 AC lot

    Two six-unit buildings with strong rental income and recent updates.

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    Fully Leased Apartment Building
    Fully Leased Apartment Building

    1114 N Superior Street, Toledo, OH 43604

    $462,500
    0.21 AC lot

    Eight-unit apartment building with updated units and high cap rate.

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    Multifamily Property with 12 Units
    Multifamily Property with 12 Units

    336 Batavia St, Toledo, OH 43620

    $499,000
    11,396 sqft

    Multifamily property featuring 12 units, totaling 11396 square feet.

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    Warehouse/Office Redevelopment Opportunity
    Warehouse/Office Redevelopment Opportunity

    126 & 134 N Ontario St, Toledo, OH 43604

    $875,000
    35,236 sqft

    35,236 SF mixed-use building suitable for redevelopment.

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    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    2853 Lagrange Street, Toledo, OH 43608

    $139,900

    Mixed-use property with a former bar space on the main level and a 12-room, two-bath apartment upstairs.

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    28-Unit Apartment Building Auction
    28-Unit Apartment Building Auction

    1303 S Cove Blvd, Toledo, OH 43606

    Contact for pricing
    14,877 sqft

    28-unit apartment building in desirable location near park and university.

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    Updated Condo with Garage Bays
    Updated Condo with Garage Bays

    Toledo, OH 43606

    $188,500

    Move-in ready 3-bed, 2-bath condo with updated kitchen.

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    Corner Building with Apartments
    Corner Building with Apartments

    3201 Warsaw Street, Toledo, OH 43608

    $49,900
    0.08 AC lot

    Commercial building with apartments and former storefront for sale.

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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    1351 Felt Street, Toledo, OH 43605

    Contact for pricing

    Eight-unit multifamily building with rear surface parking for eight spaces; seven units currently leased.

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    Ottawa Hills Condo with Natural Light
    Ottawa Hills Condo with Natural Light

    Toledo, OH 43606

    $119,000

    Spacious upper-level condo with oversized windows and ample storage.

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    Updated Condo Near University of Toledo
    Updated Condo Near University of Toledo

    4515 W Bancroft Street, Toledo, OH 43615

    $113,000

    Cozy 3-bedroom condo near University of Toledo, tenant-occupied.

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    Westgate Condo with Prime Location
    Westgate Condo with Prime Location

    3010 W Central Avenue, Toledo, OH 43606

    $94,000

    Desirable 2-bed, 2-bath condo with parking and amenities.

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    14-Unit Multifamily Portfolio
    14-Unit Multifamily Portfolio

    765 Howland Ave, Toledo, OH 43605

    Contact for pricing

    Two professionally maintained income-producing apartment buildings total 14 units in Toledo.

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    Historic Condo with Natural Light
    Historic Condo with Natural Light

    2200 Scottwood Avenue, Toledo, OH 43620

    $97,500

    Charming 2 bed, 1.5 bath condo near Toledo Museum.

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    Value-Add Multifamily Investment Opportunity
    Value-Add Multifamily Investment Opportunity

    1002 Prouty Ave, Toledo, OH 43609

    Contact for pricing

    Multifamily property suitable for investors or handy buyers.

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    15-Unit Apartment Building with Laundry
    15-Unit Apartment Building with Laundry

    3025 Glanzman Rd, Toledo, OH 43614

    Contact for pricing

    15 spacious 1 bed/1 bath units with 100% occupancy, below-market rents, and on-site laundry.

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    24-Unit Apartment Community
    24-Unit Apartment Community

    2010 Arlington Ave, Toledo, OH 43609

    Contact for pricing

    Arlington Arms is a 24-unit apartment community built in 1968.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Toledo, OH, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

    Off-Market Properties in Toledo, OH

    Consider similar Off-Market properties in Toledo, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1202 Nevada St
    APARTMENT HOUSE (5+ UNITS)

    1202 Nevada St, Toledo, OH 43605-2772

    Value Estimation by Request
    6,912 sqft 0.08 AC lot
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    5427 Glenridge Dr
    APARTMENT HOUSE (5+ UNITS)

    5427 Glenridge Dr, Toledo, OH 43614-1609

    Value Estimation by Request
    4,288 sqft 0.27 AC lot
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    811 Hilltop Ln
    APARTMENT HOUSE (5+ UNITS)

    811 Hilltop Ln, Toledo, OH 43615-8225

    Value Estimation by Request
    5,936 sqft 0.40 AC lot
    View details

    Toledo, OH Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Toledo, OH, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 252,688 square feet of properties for sale, with an estimated market value of $18,473,000.

    Sale prices for two-family homes in Toledo, OH start at $499,000, averaging $3,078,833, and reaching up to $14,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 299K
    Population Growth (5Y) -1.9%
    Median Household Income $52,956
    College Educated 15.8%

    High-Yield Neighborhoods for Investment

    Identify Toledo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    43608 $49.9K
    43606 $146.5K
    43605 $154K
    43620 $298.3K
    43615 $551K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Toledo fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Toledo, OH

    • 43606
    • 43604
    • 43615
    • 43620
    • 43608
    • 43609
    • 43611

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