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Garden Style Apartment Community
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1647 S Cove Blvd, Toledo, OH 43606

Saxon House Apartments offers 20 garden-style units with renovated major systems and on-site parking.

Property SizeContact for details
Days on Market143

Property Features for 1647 S Cove Blvd

General Information

Standard status Active
Total Parking Spaces 40
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 20

Building Details

Year Built 1963
Tenancy Multi
Listing Agency: Reichle | Klein Group
Listed By: Tony Plath · License #OH 0000277590
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 7:43AM

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.

Saxon House Apartments is a 1963-built, 20-unit garden style apartment community. The property has undergone extensive renovations, including replacement and updates of major capital items within the last 7 years: roof, parking lot, HVAC, and elevator. Parking for residents includes 14 underground spaces, 6 rear garage spaces, and 20 outdoor rear parking spots.

The community is situated directly off Monroe Street, a main Toledo corridor, providing access to I-75 and US-23/475. It is also less than 1 mile from Toledo Hospital.

Historically, since new ownership in 2013, the property has maintained a near consistent record of 100% occupancy, with multiple residents remaining for 10+ years.

Key Highlights

  • 20 garden‑style apartments, constructed in 1963
  • Historically near 100% occupancy with multiple residents having lived there 10+ years (post‑2013 ownership)
  • Renovations completed and major capex items replaced within last 7 years: roof, parking lot, HVAC, and elevator

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

20
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

789
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?
Apartment building - Saxon House Apartments offers 20 garden-style units with renovated major systems and on-site parking.
Where is this apartment building located?
The property is located at 1647 S Cove Blvd Toledo, OH.
What are key features of this property?
This property features: 20 garden‑style apartments, constructed in 1963; Historically near 100% occupancy with multiple residents having lived there 10+ years (post‑2013 ownership); Renovations completed and major capex items replaced within last 7 years: roof, parking lot, HVAC, and elevator
More about this property
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