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Newly Renovated Apartment Community
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4005 Hill Avenue, Toledo, OH 43607

Renovated 123-unit apartment community featuring wood plank laminate flooring, cherry cabinets, and stainless-steel appliances.

Property SizeContact for details
Lot Size8.50 Acres
Days on Market122

Property Features for 4005 Hill Avenue

General Information

Standard status Active
Lot size 8.50 Acres
Property subtype Multifamily, Retail

Additional Details

Multifamily Units 123
Listing Agency: Reichle | Klein Group
Listed By: Tony Plath · License #OH 0000277590
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 3:04AM

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 Reichle | Klein Group

Investment Insights

Based on property information with market context.

Ottawa Landings is a newly renovated apartment community with 123 units on approximately 8.5 acres. The property is being offered for sale by the developer who renovated it and is known for sound construction and attention to detail. The community includes design features not available in most competing properties, with each unit offering distinctive wood plank laminate flooring, cherry cabinets, stainless-steel appliances, and modern fixtures.

Ottawa Landings is located at 4005 Hill Avenue in Toledo, Ohio, and is noted as the only location the developer has in Toledo. The developer is associated with 12 properties and a larger portfolio of more than 1,300 units, which positioned this outlier property for market.

As presented, the renovations are focused on unit finishes and overall residential appeal, creating a cohesive community with consistent, upgraded in-unit packages across all 123 units.

Key Highlights

  • Renovated 123‑unit apartment community, one of 12 properties owned by the developer
  • Set on 8.5 acres of land
  • Each unit features wood plank laminate flooring and cherry cabinets

Property Analytics

Current Use

Ottawa Landings Apartments Apartment Complex

Suggested Use

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

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

123
Residential units

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby

Demographics for 43607, OH

20,494
Population
10,568
Households
1.9
Avg Household Size
34
Median Age
22%
College-Educated
89%
High-School Grad
7.2 sq mi
ZIP Area
2,846
Density / Sq Mi
$37,442
Median Household Income
$23,208
Median Earnings
$881
Median Rent
$73,300
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?
Apartment building - Renovated 123-unit apartment community featuring wood plank laminate flooring, cherry cabinets, and stainless-steel appliances.
Where is this apartment building located?
The property is located at 4005 Hill Avenue Toledo, OH.
What are key features of this property?
This property features: Renovated 123‑unit apartment community, one of 12 properties owned by the developer; Set on 8.5 acres of land; Each unit features wood plank laminate flooring and cherry cabinets
More about this property
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