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All-Electric Duplex
For Sale
$69,900

1622 Milburn Ave, Toledo, OH 43606

Two occupied units are leased on 12-month terms, with the owner responsible for water service.

Property Size990 SF
Price / SF$70.61
Days on Market92

Property Features for 1622 Milburn Ave

General Information

Standard status Active
Size 990 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2
Listing Agency: LaPlante Real Estate, LLC
Listed By: Tahsin Gazwi
Source: Exprealty
Added: Jun 3 Changed: Aug 31 Last Checked: Aug 31 at 7:30PM

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 LaPlante Real Estate, LLC

Investment Insights

Based on property information with market context.

Located at 1622 Milburn Ave in Toledo, Ohio, this 990-square-foot duplex contains two residential units, each arranged with one bedroom and one bathroom. The building is fully electric, and both units are currently occupied under 12-month lease agreements.

The owner covers water service. One tenancy began recently, while the other resident has occupied the unit since 2025. Showings are available only after an offer has been accepted.

Key Highlights

  • Two‑unit duplex with 990 square feet of property size
  • Each unit includes 1 bedroom and 1 bathroom
  • All‑electric building

Property Analytics

Current Use

Duplexes

Suggested Use

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

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

341
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied units are leased on 12-month terms, with the owner responsible for water service.
Where is this duplex located?
The property is located at 1622 Milburn Ave Toledo, OH.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Two‑unit duplex with 990 square feet of property size; Each unit includes 1 bedroom and 1 bathroom; All‑electric building
More about this property
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