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Updated Duplex with Fenced Yard
For Sale
$125,000
Pending

240 Gradolph St, Toledo, OH 43612

Two-level duplex with updated systems, separate living areas, shared laundry, and a fenced corner-lot setting.

Property Size2,155 SF
Days on Market22

Property Features for 240 Gradolph St

General Information

Standard status Pending
Size 2,155 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Amenities

enclosed front porch
private deck
fully fenced yard
window AC units
shared basement laundry

Building Details

Buildings 1
Listing Agency: Key Realty LTD
Listed By: Cody Henderson
Source: Exprealty
Added: Jul 31 Changed: Aug 20 Last Checked: Aug 20 at 8:15AM

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 Key Realty LTD

Investment Insights

Based on property information with market context.

This duplex contains two distinct residences with a combined 2,155 square feet. The 1,273-square-foot main-level unit includes two ensuite bedrooms, a den that functions as a third bedroom, an eat-in kitchen, two bathrooms, laundry hookups, and an enclosed 23-by-15-foot front porch with new vinyl flooring. Hardwood flooring remains in the living room, den, and one bedroom, while both bathrooms have newer laminate flooring.

The 882-square-foot upper unit offers one bedroom, a full bathroom, dining space, an eat-in kitchen with a gas range connection, an included refrigerator, and a private kitchen-side deck. New laminate and vinyl flooring run throughout this residence. The property received 2025 updates to the siding, electrical, plumbing, and gutter guards. Shared basement laundry includes a washer and dryer, with one furnace and one water heater serving both units. Three window AC units are included. The fenced chain-link yard may accommodate off-street parking if reconfigured.

Key Highlights

  • 2,155 SF duplex with 1,273 SF main‑level and 882 SF upper‑level units
  • 2025 updates include vinyl siding, electric, plumbing, and gutter guards
  • Main unit has two ensuite bedrooms plus a den that functions as a third bedroom

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

359
Businesses Nearby

Demographics for 43612, OH

29,718
Population
13,409
Households
2.2
Avg Household Size
35
Median Age
13%
College-Educated
90%
High-School Grad
11.5 sq mi
ZIP Area
2,584
Density / Sq Mi
$50,484
Median Household Income
$33,770
Median Earnings
$976
Median Rent
$89,700
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 - Two-level duplex with updated systems, separate living areas, shared laundry, and a fenced corner-lot setting.
Where is this duplex located?
The property is located at 240 Gradolph St Toledo, OH.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 2,155 SF duplex with 1,273 SF main‑level and 882 SF upper‑level units; 2025 updates include vinyl siding, electric, plumbing, and gutter guards; Main unit has two ensuite bedrooms plus a den that functions as a third bedroom
More about this property
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