Fully Leased Apartment
1114 N Superior Street Toledo, OH 43604
For Sale
$462,500
Eight-unit apartment building with updated units and high cap rate.
Lot Size0.21 Acres
Days on Market260
Property Features for 1114 N Superior Street
General Information
Standard status
Active
Lot size
0.21 Acres
Property subtype
Apartment
Building Details
Year Built
1927
Listing Agency:
Key Realty LTD
(419) 343-7680
Listed By:
Paula Francine Nowicki
(419) 343-7680
Source:
Kw
Added: Nov 11, 2025
Changed: Jul 6
Last Checked: Jul 28 at 1:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Key Realty LTD
Investment Insights
Based on property information with market context.
This fully leased, eight-unit apartment building presents a lucrative investment opportunity with a 10.76% cap rate. Six of the units have been beautifully updated, featuring new flooring throughout, new ceiling fans in all rooms, new kitchen counters, cabinets, sinks, and fixtures, as well as new bath fixtures. Some units also include new shower units. The entire building has been freshly painted, including ceilings, walls, and trims. A new boiler was installed in 2024, and a new electric panel and sub panel are planned for 2025. Each unit is equipped with a breaker box. The property is ideally located close to the Toledo Pickle Ball Club, Toledo Spirits, and the future Riverfront Park along the Maumee River. Situated in a historic district, the area has been listed on the National Register of Historic Places since 1978. This property also offers a great opportunity to buy-in at the early stages of the new Gateway Vistula Project.
Key Highlights
- Fully leased with a 10.76% CAP‑RATE, offering immediate income.
- Opportunity to invest early in the NEW Gateway Vistula Project.
- Six of eight units are beautifully updated with new flooring, ceiling fans, kitchens, bath fixtures, and fresh paint.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit apartment building with updated units and high cap rate.
Where is this apartment building located?
The property is located at 1114 N Superior Street Toledo, OH.
What is the asking price?
The asking price for this property is $462,500.
What are key features of this property?
This property features: Fully leased with a **10.76% CAP‑RATE**, offering immediate income.; Opportunity to invest early in the **NEW Gateway Vistula Project**.; Six of eight units are beautifully updated with new flooring, ceiling fans, kitchens, bath fixtures, and fresh paint.
