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Brick Apartment Buildings with Coin Laundry
For Sale
$995,000

1384 N Cove Blvd, Toledo, OH 43606

Varied apartment layouts with basement laundry and select unit updates support practical multifamily operations.

Property Size12,000 SF
Price / SF$82.92
Days on Market38

Property Features for 1384 N Cove Blvd

General Information

Standard status Active
Size 12,000 SF
Property subtype Commercial

Additional Details

Multifamily Units 19

Amenities

coin laundry

Building Details

Year Built 1951
Buildings 4
Construction brick
Listing Agency: Coldwell Banker Haynes
Listed By: Michael Beier (mick@mickshometeam.com)
Source: Harmonyrealtygroupllc
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 30 at 5:30PM

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 Coldwell Banker Haynes

Investment Insights

Based on property information with market context.

Built in 1951, this apartment property includes Nineteen (19) units distributed among 4 all-brick buildings. Unit layouts vary across the buildings, with original hardwood preserved where possible and newer LVP installed in most apartments. Basement coin laundry serves the property. Interior features include boiler heat, gas service, radiant heating, electric ranges, and refrigerators. One building has a newer boiler and hot water system, while four units feature updated fiberglass showers and one apartment has a brand new remodeled kitchen.

The property is located at 1384 N Cove Boulevard in Toledo, near Toledo Hospital and Willys Industrial Park. Connected utilities include sewer, natural gas, electricity, water, and cable, with underground utilities also present.

Key Highlights

  • Nineteen (19) units across 4 buildings
  • All brick buildings with varied unit types
  • Basement coin laundry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center 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.

Lease Details

19
Residential units

Location Intelligence

Trade Area within ½ mile

147
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 - Varied apartment layouts with basement laundry and select unit updates support practical multifamily operations.
Where is this apartment building located?
The property is located at 1384 N Cove Blvd Toledo, OH.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Nineteen (19) units across 4 buildings; All brick buildings with varied unit types; Basement coin laundry
More about this property
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