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Triplex with New Furnace
For Sale
$114,900

2603 Franklin Ave, Toledo, OH 43610

Exterior improvements include a newer roof, fresh paint, and several replacement windows.

Property Size2,294 SF
Price / SF$50.09
Days on Market30

Property Features for 2603 Franklin Ave

General Information

Standard status Active
Size 2,294 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence needs some TLC

Additional Details

Multifamily Units 3
Listing Agency: LPG Realty
Listed By: Austin James Cleghorn
Source: Exprealty
Added: Jul 23 Changed: Aug 21 Last Checked: Aug 21 at 10:49AM

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 LPG Realty

Investment Insights

Based on property information with market context.

This three-unit residential property contains 2,294 square feet and is being offered in its current as-is condition. Recent property work includes a newer roof, a new furnace, fresh exterior paint, and several new windows. Interior updates remain to be completed, allowing the next owner to address the property’s unfinished cosmetic needs according to their plans.

The building is located directly across from Central Catholic High School and near St. Vincent Medical Center in Toledo. Access to the third unit is available after an accepted offer. The triplex configuration and completed exterior work provide a clear starting point for continued renovation.

Key Highlights

  • Three‑unit property totaling 2,294 square feet
  • New furnace and newer roof
  • Fresh exterior paint and several new windows

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Building Supply

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,139
Businesses Nearby

Demographics for 43610, OH

4,159
Population
2,470
Households
1.7
Avg Household Size
38
Median Age
21%
College-Educated
87%
High-School Grad
1.2 sq mi
ZIP Area
3,466
Density / Sq Mi
$38,369
Median Household Income
$31,719
Median Earnings
$895
Median Rent
$73,400
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?
Triplex - Exterior improvements include a newer roof, fresh paint, and several replacement windows.
Where is this triplex located?
The property is located at 2603 Franklin Ave Toledo, OH.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Three‑unit property totaling 2,294 square feet; New furnace and newer roof; Fresh exterior paint and several new windows
More about this property
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