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Two-Bedroom Multifamily Property
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2420 Eastgate Road, Toledo, OH 43614

Multifamily building with eight two-bedroom units, enclosed patios, basement storage, and detached garages.

Property SizeContact for details
Days on Market122

Property Features for 2420 Eastgate Road

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Reichle | Klein Group
Listed By: Maria King · License #OH 2017001655
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 3:18PM

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.

This multifamily property consists of eight two-bedroom, 1.5-bath units. Each unit features an enclosed patio, with additional large storage units located in the basement. Detached garages are also included with the property.

Capital improvements reported include all-new windows in 2014, five new furnaces/AC units in 2015, and all-new hot-water tanks in 2016. Two units have been newly remodeled.

The building configuration is geared toward residential income use, with on-site storage and parking support provided through the basement storage and detached garages.

Key Highlights

  • Multifamily building with 8 two‑bedroom units and 1.5‑bath units
  • Enclosed patios with each unit
  • Basement includes large storage units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic

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

262
Businesses Nearby

Demographics for 43614, OH

29,866
Population
14,651
Households
2
Avg Household Size
42
Median Age
32%
College-Educated
94%
High-School Grad
9.0 sq mi
ZIP Area
3,318
Density / Sq Mi
$57,253
Median Household Income
$38,463
Median Earnings
$887
Median Rent
$160,600
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 - Multifamily building with eight two-bedroom units, enclosed patios, basement storage, and detached garages.
Where is this apartment building located?
The property is located at 2420 Eastgate Road Toledo, OH.
What are key features of this property?
This property features: Multifamily building with 8 two‑bedroom units and 1.5‑bath units; Enclosed patios with each unit; Basement includes large storage units
More about this property
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