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Two-Unit Residential Property
For Sale
$82,500

115 Lake Shore Avenue, Toledo, OH 43609

Separate one- and three-bedroom units provide distinct layouts with residential income potential.

Property Size1,811 SF
Days on Market199

Property Features for 115 Lake Shore Avenue

General Information

Standard status Active
Size 1,811 SF
Property subtype Duplex

Units

Unit Mix 1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Amenities

Baseboard
Ceiling Fan(s)
Electric
Window Unit(s)
Dryer
Refrigerator
Washer
Porch, Electricity Available, Water Available, Natural Gas Available, Shingles

Building Details

Building Size 1,811 SF
Year Built 1887
Stories 2
Listing Agency: Serenity Realty LLC
Listed By: Tabatha Brown
Source: Kw
Added: Feb 15 Changed: Aug 31 Last Checked: Sep 1 at 3:28PM

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 Serenity Realty LLC

Investment Insights

Based on property information with market context.

This two-unit residential property includes a front residence with 1 bedroom and 1 bathroom and a rear residence with 3 bedrooms and 1 bathroom. The units are arranged across upstairs and downstairs areas and include additional storage space. Interior features include baseboard and electric systems, ceiling fans, window units, a washer, dryer, and refrigerator. Built in 1887, the property also has a porch and shingle exterior elements.

Located at 115 Lake Shore Avenue in Toledo, Ohio, the property has water, electricity, and natural gas available. Its separate unit configuration supports an owner-occupant arrangement with another residence on site, consistent with the stated property layout.

Key Highlights

  • Front unit includes 1 bedroom and 1 bathroom
  • Rear unit includes 3 bedrooms and 1 bathroom
  • Upstairs and downstairs layout with additional storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby

Demographics for 43609, OH

20,519
Population
10,272
Households
2
Avg Household Size
34
Median Age
11%
College-Educated
79%
High-School Grad
4.8 sq mi
ZIP Area
4,275
Density / Sq Mi
$42,510
Median Household Income
$32,819
Median Earnings
$913
Median Rent
$58,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Separate one- and three-bedroom units provide distinct layouts with residential income potential.
Where is this duplex located?
The property is located at 115 Lake Shore Avenue Toledo, OH.
What is the asking price?
The asking price for this property is $82,500.
What are key features of this property?
This property features: Front unit includes 1 bedroom and 1 bathroom; Rear unit includes 3 bedrooms and 1 bathroom; Upstairs and downstairs layout with additional storage
More about this property
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