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Four-Unit Apartment Building
For Sale
$425,000

2139 Evergreen Road, Ottawa Hills, OH 43606

Four spacious apartment units in Ottawa Hills with convenient access to Central Avenue and Secor Road.

Property Size7,120 SF
Days on Market113

Property Features for 2139 Evergreen Road

General Information

Standard status Active
Size 7,120 SF
Property subtype Multifamily

Additional Details

Multifamily Units 4

Building Details

Building Size 7,120 SF
Year Built 1953
Tenancy Multi
Listed By: Doug Wright, CCIM · License #OH #BRKA.2001001738
Source: Svn
Added: May 16 Changed: Sep 4 Last Checked: Aug 8 at 4:09AM

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 Doug Wright, CCIM

Investment Insights

Based on property information with market context.

This for-sale four-unit apartment building includes four spacious apartment units. The property is described as well maintained, with numerous recent updates to enhance the building.

The asset is located in the Village of Ottawa Hills with convenient access to major thoroughfares including Central Avenue and Secor Road. It is less than one mile west of the University of Toledo and just over a mile from the Inverness Club and Welltower, Inc.

The property is offered as a residential income asset in an established neighborhood setting with nearby residential and employment anchors.

Key Highlights

  • 4‑unit apartment building in the Village of Ottawa Hills
  • Year built: 1953
  • Convenient access to Central Avenue and Secor Road

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 43606, OH

25,671
Population
11,700
Households
2.2
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
3,949
Density / Sq Mi
$60,308
Median Household Income
$32,997
Median Earnings
$938
Median Rent
$165,600
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?
Quadplex - Four spacious apartment units in Ottawa Hills with convenient access to Central Avenue and Secor Road.
Where is this quadplex located?
The property is located at 2139 Evergreen Road Ottawa Hills, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4‑unit apartment building in the Village of Ottawa Hills; Year built: 1953; Convenient access to Central Avenue and Secor Road
More about this property
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