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Spacious Townhouse with Move-In Ready Unit
For Sale
$89,900

132 Elgin Avenue, Toledo, OH 43605

Townhouse with tenant-occupied and move-in ready units near amenities.

Property Size2,384 SF
Lot Size0.09 Acres
Days on Market312

Property Features for 132 Elgin Avenue

General Information

Standard status Active
Size 2,384 SF
Lot size 0.09 Acres
Property subtype Duplex

Amenities

Natural Gas
Forced Air
Dishwasher
Water Heater
Gas Range Connection
Refrigerator
Porch, Sewer Connected, Electricity Available, Natural Gas Available, Water Connected, Flat

Building Details

Building Size 2,384 SF
Year Built 1907
Stories 2
Listing Agency: iLink Real Estate Company
Listed By: Anna M. Mills
Source: Kw
Added: Oct 15, 2025 Changed: Aug 12 Last Checked: Aug 22 at 12:59PM

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 iLink Real Estate Company

Investment Insights

Based on property information with market context.

This spacious townhouse features two units, each with 3 bedrooms, formal living and dining rooms, and ample kitchen cabinet and counter space. The second floor of each unit includes 3 bedrooms, a bathroom, and walk-in closets. Each unit also has first-floor laundry. Double French doors lead to a personal deck and extra parking on the alley. One side is currently tenant-occupied with month-to-month tenants paying $750. The other side is move-in or rent-ready. The property includes two gas forced air furnaces and two gas water heaters. Tenants are responsible for gas and electric utilities. Updated electric breaker boxes and energy-efficient windows are present. The property is located within walking distance of restaurants, museums, expressways, and parks.

Key Highlights

  • Move‑in or rent‑ready condition.
  • Income potential from existing tenants ($750/month).
  • Walking distance to restaurants, museums, expressways, and parks.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center Nail Salon Building Supply Skin Care Clinic Electrical Service Hair 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.

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby

Demographics for 43605, OH

25,007
Population
11,985
Households
2.1
Avg Household Size
34
Median Age
9%
College-Educated
79%
High-School Grad
7.2 sq mi
ZIP Area
3,473
Density / Sq Mi
$36,389
Median Household Income
$27,210
Median Earnings
$847
Median Rent
$46,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Townhouse with tenant-occupied and move-in ready units near amenities.
Where is this duplex located?
The property is located at 132 Elgin Avenue Toledo, OH.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Move‑in or rent‑ready condition.; Income potential from existing tenants ($750/month).; Walking distance to restaurants, museums, expressways, and parks.
More about this property
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