Value-Add 14-Unit Apartment
For Sale
Contact for pricing
Pending
4910 Lewis Ave, Toledo, OH 43612
Well-maintained 14-unit complex is 100% occupied with rents below the market rate.
Property SizeContact for details
Days on Market122
Property Features for 4910 Lewis Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
14
Listing Agency:
Colliers - Chicago Downtown, Illinois
Listed By:
Tyler Hague, LEED AP · License #471009171
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 10 at 6:59AM
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 Colliers - Chicago Downtown, Illinois
Investment Insights
Based on property information with market context.
Colliers Midwestern Multifamily team presents the opportunity to acquire a well-maintained, value-add 14-unit multifamily asset at 4910 Lewis Ave in Toledo, OH. The complex is currently 100% occupied and features a diverse unit mix. Current ownership has maintained strong long-term occupancy while keeping rents below the market-rate.
Lewis Ave is described as being just minutes north of Downtown Toledo and positioned near major economic drivers, including General Motors, Chrysler, and Hometown Foods Manufacturing Facilities—among the largest employers in the area. The surrounding business and development momentum referenced in the offering supports the property’s ongoing tenant demand.
Lewis Ave is described as being just minutes north of Downtown Toledo and positioned near major economic drivers, including General Motors, Chrysler, and Hometown Foods Manufacturing Facilities—among the largest employers in the area. The surrounding business and development momentum referenced in the offering supports the property’s ongoing tenant demand.
Key Highlights
- Well‑maintained 14‑unit multifamily complex in Toledo, OH
- 100% occupied with current occupancy maintained by long‑term ownership
- Rents are below market rate, offering potential rental upside
Property Analytics
Current Use
Lease Details
14
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 14-unit complex is 100% occupied with rents below the market rate.
Where is this apartment building located?
The property is located at 4910 Lewis Ave Toledo, OH.
What are key features of this property?
This property features: Well‑maintained 14‑unit multifamily complex in Toledo, OH; 100% occupied with current occupancy maintained by long‑term ownership; Rents are below market rate, offering potential rental upside
