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Twinplex Investment Opportunity
For Sale
$80,000

3121 Chase Street, Toledo, OH 43611

Twinplex with rental income potential, suitable for investors.

Property Size1,196 SF
Lot Size0.15 Acres
Days on Market805

Property Features for 3121 Chase Street

General Information

Standard status Active
Size 1,196 SF
Lot size 0.15 Acres
Property subtype Apartment

Amenities

Window Unit(s)
Electric
Radiant
Water Heater
Refrigerator
Electricity Connected, Water Available, Shingles

Building Details

Building Size 1,196 SF
Year Built 1969
Stories 1
Listing Agency: Serenity Realty LLC
Listed By: Whitney Barlow
Source: Kw
Added: Jul 24, 2024 Changed: Sep 23 Last Checked: Oct 5 at 3:43PM

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 twinplex presents an investment opportunity with a reliable tenant in the front unit. The back unit was previously used as a group home, offering potential for diverse rental income. This property can be purchased individually or as part of a package with other properties for portfolio expansion.

Key Highlights

  • Twinplex offers potential for diverse rental income.
  • Currently rented to a reliable tenant in the front unit.
  • Back unit previously used for a group home.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply HVAC Service Pharmacy

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

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 43611, OH

18,505
Population
8,854
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
2,535
Density / Sq Mi
$58,135
Median Household Income
$36,185
Median Earnings
$832
Median Rent
$117,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Twinplex with rental income potential, suitable for investors.
Where is this duplex located?
The property is located at 3121 Chase Street Toledo, OH.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Twinplex offers potential for diverse rental income.; Currently rented to a reliable tenant in the front unit.; Back unit previously used for a group home.
More about this property
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