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Spacious Duplex Investment
For Sale
Contact for pricing
Pending

4214 Lyman Ave, Toledo, OH 43612

Two-unit duplex in good condition with one updated upper unit and long-term tenants in place.

Property SizeContact for details
Days on Market121

Property Features for 4214 Lyman Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 2
Listing Agency: Danberry Realtors
Listed By: Joe Rigali · License #OH
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 12:38PM

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 Danberry Realtors

Investment Insights

Based on property information with market context.

This spacious duplex consists of two separate residential units and is reported to be in good condition. The upper unit has been updated with new floors, a kitchen backsplash, and fresh paint throughout. The property is described as very rentable, and both units are occupied by long-term tenants in good standing.

The sale includes two parcels. The bottom unit lease is listed as month to month, while the other unit is noted as having a long-term tenant.

Key Highlights

  • Duplex with two units in good condition
  • Updated upper unit with new floors, kitchen backsplash, and fresh paint throughout
  • Long‑term tenants in place in both units

Property Analytics

Current Use

Imagine Me Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Parking Lot & Garage Electrical Service

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

389
Businesses Nearby

Demographics for 43612, OH

29,718
Population
13,409
Households
2.2
Avg Household Size
35
Median Age
13%
College-Educated
90%
High-School Grad
11.5 sq mi
ZIP Area
2,584
Density / Sq Mi
$50,484
Median Household Income
$33,770
Median Earnings
$976
Median Rent
$89,700
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 - Two-unit duplex in good condition with one updated upper unit and long-term tenants in place.
Where is this duplex located?
The property is located at 4214 Lyman Ave Toledo, OH.
What are key features of this property?
This property features: Duplex with two units in good condition; Updated upper unit with new floors, kitchen backsplash, and fresh paint throughout; Long‑term tenants in place in both units
More about this property
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