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Multifamily Property With Garage
For Sale
$86,900
Pending

1404 Colburn St, Toledo, OH 43609

Multi-unit property with one occupied unit, vacant units, and lower-level areas requiring light remodeling.

Property Size4,791 SF
Days on Market65

Property Features for 1404 Colburn St

General Information

Standard status Pending
Size 4,791 SF
Property subtype Residential Income
Listing Agency: LPG Realty
Listed By: Austin James Cleghorn
Source: Exprealty
Added: Jun 18 Changed: Aug 20 Last Checked: Aug 21 at 12:45PM

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 LPG Realty

Investment Insights

Based on property information with market context.

This 4,791-square-foot multifamily property includes multiple residential units, a three-car garage, and lower units that require light remodeling. One unit is occupied, while the remaining units are vacant and available for renovation. The property is being sold as-is, allowing the next owner to address the existing condition and complete improvements according to their plans.

Located at 1404 Colburn St in Toledo, Ohio, the property also includes an extra-large lot with room for additional parking. The combination of existing garage space, open lot area, and vacant units provides a straightforward physical framework for a renovation-focused multifamily project.

Key Highlights

  • 4,791‑square‑foot multifamily property
  • Multiple residential units with one currently occupied
  • Remaining units are vacant

Property Analytics

Current Use

Multifamily properties

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.

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby

Demographics for 43609, OH

20,519
Population
10,272
Households
2
Avg Household Size
34
Median Age
11%
College-Educated
79%
High-School Grad
4.8 sq mi
ZIP Area
4,275
Density / Sq Mi
$42,510
Median Household Income
$32,819
Median Earnings
$913
Median Rent
$58,700
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?
Multifamily property - Multi-unit property with one occupied unit, vacant units, and lower-level areas requiring light remodeling.
Where is this multifamily property located?
The property is located at 1404 Colburn St Toledo, OH.
What is the asking price?
The asking price for this property is $86,900.
What are key features of this property?
This property features: 4,791‑square‑foot multifamily property; Multiple residential units with one currently occupied; Remaining units are vacant
More about this property
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