Search
Duplex with Existing Tenant
For Sale
$60,000

1607 Indiana Avenue, Toledo, OH 43607

Legally configured for two units, the property currently operates as a single-family residence occupied by one long-term Section 8 tenant.

Property Size1,703 SF
Days on Market188

Property Features for 1607 Indiana Avenue

General Information

Standard status Active
Size 1,703 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Amenities

Boiler
Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected, Shingles

Building Details

Building Size 1,703 SF
Year Built 1912
Stories 2
Tenancy Single
Listing Agency: Serenity Realty LLC
Listed By: Whitney Barlow
Source: Kw
Added: Feb 25 Changed: Aug 31 Last Checked: Aug 31 at 1:33AM

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 Serenity Realty LLC

Investment Insights

Based on property information with market context.

Built in 1912, this Toledo residential income property is legally configured as a duplex but is currently being used as one single-family residence. One tenant occupies the entire home under a long-term Section 8 tenancy, providing an established occupancy arrangement. The layout can be returned to separate two-unit use for an owner seeking additional rental income potential, subject to applicable requirements.

The property includes a boiler and connected water, natural gas, electricity, and sewer services. Shingle roofing is also noted among the exterior features. Located at 1607 Indiana Avenue in Toledo, Ohio, the home offers a combination of existing occupancy and duplex configuration for an investor or owner-occupant evaluating flexible residential use.

Key Highlights

  • Legally configured as a duplex
  • Currently operated as one single‑family residence
  • One long‑term Section 8 tenant occupies the entire home

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Electrical Service HVAC Service

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

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 43607, OH

20,494
Population
10,568
Households
1.9
Avg Household Size
34
Median Age
22%
College-Educated
89%
High-School Grad
7.2 sq mi
ZIP Area
2,846
Density / Sq Mi
$37,442
Median Household Income
$23,208
Median Earnings
$881
Median Rent
$73,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Legally configured for two units, the property currently operates as a single-family residence occupied by one long-term Section 8 tenant.
Where is this duplex located?
The property is located at 1607 Indiana Avenue Toledo, OH.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Legally configured as a duplex; Currently operated as one single‑family residence; One long‑term Section 8 tenant occupies the entire home
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message