Updated Duplex with Rental
For Sale
$112,412
1914 Upton Avenue, Toledo, OH 43607
Duplex with updated systems and long-term tenant.
Property Size1,144 SF
Lot Size0.12 Acres
Days on Market341
Property Features for 1914 Upton Avenue
General Information
Standard status
Active
Size
1,144 SF
Lot size
0.12 Acres
Property subtype
Duplex
Amenities
Cable Ready
Forced Air
Natural Gas
Electric Range
Refrigerator
Electricity Connected, Cable Available, Internet Available, Water Connected, Natural Gas Connected, Sewer Connected, Shingles
Building Details
Building Size
1,144 SF
Year Built
1966
Stories
1
Listing Agency:
The Danberry Co
Listed By:
Danielle Dale
(419) 322-8620
Source:
Kw
Added: Oct 31, 2025
Changed: Oct 2
Last Checked: Oct 5 at 4:27PM
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 The Danberry Co
Investment Insights
Based on property information with market context.
This duplex features one-bedroom, one-bathroom units and new flooring throughout. The roof is 10 years old, the furnace and hot water tank are 2 years old, and the windows are 5 years old. The back unit is currently rented to a long-term tenant on a month-to-month basis. Tenants are responsible for paying all utilities except water. The front unit is available for immediate showing. This residential income property is located in Toledo, OH.
Key Highlights
- Income potential from long‑term tenant in back unit.
- Newer roof (10 years old), furnace (2 years old), and hot water tank (2 years old).
- New flooring throughout the unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,640
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,800
$192.8K
Cap Rate 7%
$137,714
$137.7K
Cap Rate 9%
$107,111
$107.1K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$18.3K $15.96/SF
− Vacancy
−$730 −$0.64/SF
EGI
$17.5K $15.32/SF
− OpEx
−$7.9K −$6.89/SF
NOI
$9.6K $8.43/SF
Area
Toledo, OH
Vacancy
4.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,800
Cap Rate 7%
$137,714
Cap Rate 9%
$107,111
Alternative Uses
Best Use
Multifamily LT 5
$149.2K
$130.6K – $174.1K
NOI $10,446 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$137.7K
$120.5K – $160.7K
NOI $9,640 @ 7.0% cap · market cap 8.58%
Theoretical Best
Office A
$190.4K
$166.6K – $222.1K
NOI $13,327 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with updated systems and long-term tenant.
Where is this duplex located?
The property is located at 1914 Upton Avenue Toledo, OH.
What is the asking price?
The asking price for this property is $112,412.
What are key features of this property?
This property features: Income potential from long‑term tenant in back unit.; Newer roof (10 years old), furnace (2 years old), and hot water tank (2 years old).; New flooring throughout the unit.
