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Three-Building Residential Income Property
For Sale
Contact for pricing
Pending

159 167 175 Thomas Drive, Fremont, OH 43420

Portfolio includes three apartment buildings with private patios, garage parking, adjacent storage, and an owner outbuilding.

Property SizeContact for details
Days on Market147

Property Features for 159 167 175 Thomas Drive

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 9

Amenities

private patios
storage units
garage parking
Listing Agency: Coldwell Banker Commercial Schmidt Realty Sandusky
Listed By: Cynthia Klein · License #OH
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:04AM

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 Commercial Schmidt Realty Sandusky

Investment Insights

Based on property information with market context.

This residential income portfolio consists of three separate apartment buildings at 159, 167, and 175 Thomas Drive. The property totals 6 two-bedroom, one-bath units across the single-story buildings at 159 Thomas Drive and one additional single-story two-bedroom, one-bath unit at 175 Thomas Drive, with the remaining units located at 167 Thomas Drive. Unit mix at 167 Thomas Drive includes two-bedroom, one-and-one-half-bath apartments in a 2-story configuration, along with garage parking for all units. Additional garages are paired with individual storage units adjacent to the parking area.

The buildings are described as having private patios overlooking open fields and are situated in a country setting. For owner use, there is a large outbuilding measuring 45 by 25 feet with an overhead door, workshop, and storage area for projects.

Key Highlights

  • 3 separate residential apartment buildings: 3 two‑bedroom, 1‑bath units each (total 9 units across the portfolio).
  • Private patios with views of open fields/country setting.
  • 167 Thomas Drive includes two‑story 2BR/1.5BA apartments, plus garage parking.

Property Analytics

Current Use

Bonnie K Foods Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Electrical Service Plumbing Service Grocery & Convenience Store Storage Facility Bakery

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

9
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 43420, OH

29,332
Population
13,876
Households
2.1
Avg Household Size
43
Median Age
19%
College-Educated
94%
High-School Grad
136.3 sq mi
ZIP Area
215
Density / Sq Mi
$62,802
Median Household Income
$39,779
Median Earnings
$824
Median Rent
$142,400
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 - Portfolio includes three apartment buildings with private patios, garage parking, adjacent storage, and an owner outbuilding.
Where is this apartment building located?
The property is located at 159 167 175 Thomas Drive Fremont, OH.
What are key features of this property?
This property features: 3 separate residential apartment buildings: 3 two‑bedroom, 1‑bath units each (total 9 units across the portfolio).; Private patios with views of open fields/country setting.; 167 Thomas Drive includes two‑story 2BR/1.5BA apartments, plus garage parking.
More about this property
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