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5-Unit Brick Apartment Building
For Sale
$889,900

2237 Evergreen Road, Ottawa Hills, OH 43606

Four two-bedroom homes and a loft apartment are complemented by private porches, in-unit laundry, and a separate garage.

Property Size12,406 SF
Price / SF$71.73
Days on Market122

Property Features for 2237 Evergreen Road

General Information

Standard status Active
Size 12,406 SF
Total Parking Spaces 8
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 4 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units 5

Additional Details

Highway Access Yes
Tenant in Place Yes

Amenities

in-unit laundry
private enclosed porches
designated storage
shared common area
washer and dryer

Building Details

Building Size 12,406 SF
Year Built 1943
Buildings 2
Construction full brick
Listing Agency: Effler Schmitt Co
Listed By: Kelly Longthorne
Source: Martinsignatureproperties
Added: Jul 3 Changed: Oct 29 Last Checked: Oct 29 at 2:35PM

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 Effler Schmitt Co

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Investment Insights

Based on property information with market context.

Built in 1943, this 12,406-square-foot, full-brick apartment building contains five residences: four units with two bedrooms and two bathrooms each, plus a loft-style one-bedroom, one-bath unit. A matching full-brick garage provides eight-car capacity. Renovations include newer roofs on both structures, updated electrical systems, individually zoned heating and cooling, refreshed kitchens and bathrooms, and luxury vinyl plank flooring. The loft has an open layout, while units 1–4 have enclosed private porches and in-unit laundry. A full basement offers designated storage for each residence, a shared area, and an additional washer and dryer.

The property is in Ottawa Hills, within the Ottawa Hills Local School District. Nearby destinations include the University of Toledo, major healthcare systems, Wildwood Metropark, Westgate Village, Costco, shopping, dining, and major expressways. Residents are responsible for electric, gas, and internet.

Key Highlights

  • Five residences: four 2‑bedroom, 2‑bath units and one loft‑style 1‑bedroom, 1‑bath unit
  • 12,406‑square‑foot building constructed in 1943
  • Matching full‑brick garage with 8‑car capacity

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

102
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
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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four two-bedroom homes and a loft apartment are complemented by private porches, in-unit laundry, and a separate garage.
Where is this apartment building located?
The property is located at 2237 Evergreen Road Ottawa Hills, OH.
What is the asking price?
The asking price for this property is $889,900.
What are key features of this property?
This property features: Five residences: four 2‑bedroom, 2‑bath units and one loft‑style 1‑bedroom, 1‑bath unit; 12,406‑square‑foot building constructed in 1943; Matching full‑brick garage with 8‑car capacity
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