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Two-Unit Income Property
For Sale
$71,385

2052 South Avenue, Toledo, OH 43609

Both apartments are occupied, with the lower unit leased through August and the upstairs resident in place long term.

Property Size1,987 SF
Days on Market189

Property Features for 2052 South Avenue

General Information

Standard status Active
Size 1,987 SF
Property subtype Duplex

Additional Details

Gross Income $16,740
Multifamily Units 2

Amenities

Ceiling Fan(s)
Wall Unit(s)
Forced Air
Natural Gas
Gas Cooktop
Refrigerator
Sewer Connected, Internet Connected, WiFi Connected, Electricity Connected, Water Connected, Natural Gas Connected, Shingles

Building Details

Building Size 1,987 SF
Year Built 1922
Stories 2
Listing Agency: Serenity Realty LLC
Listed By: Kristin Brewer
Source: Kw
Added: Feb 25 Changed: Sep 2 Last Checked: Sep 1 at 3:47PM

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 1922, this duplex offers two separate residential units with existing occupants. The upper apartment has a long-term Section 8 tenant, while the lower apartment is leased through August and the resident would like to remain. The property is being offered as-is.

Interior features include ceiling fans, wall-mounted units, forced-air heating, natural gas service, a gas cooktop, and a refrigerator. Connected services include sewer, internet, WiFi, electricity, water, and natural gas. The property is located at 2052 South Avenue in Toledo, Ohio.

Key Highlights

  • Duplex with two occupied residential units
  • Upper unit has a long‑term Section 8 tenant
  • Lower unit leased through August; resident would like to stay

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant 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

Location Intelligence

Trade Area within ½ mile

272
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?
Duplex - Both apartments are occupied, with the lower unit leased through August and the upstairs resident in place long term.
Where is this duplex located?
The property is located at 2052 South Avenue Toledo, OH.
What is the asking price?
The asking price for this property is $71,385.
What are key features of this property?
This property features: Duplex with two occupied residential units; Upper unit has a long‑term Section 8 tenant; Lower unit leased through August; resident would like to stay
More about this property
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