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Brick Corner Triplex Investment
For Sale
$189,900

308 N 4th Street, Toronto, OH 43964

MULTI_FAMILY - Toronto, OH

Property Size3,168 SF
Lot Size0.16 Acres
Price / SF$59.94
Days on Market51

Property Features for 308 N 4th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 3, Bathroom 3, Basement, Bedroom 8, Bathroom 2, Bathroom 5, Bedroom 4, Laundry Room, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 7, Bathroom 4, Bedroom 2
Parking features On Street, Garage
Lot features Back Yard
View City
Elementary school district Toronto CSD - 4105
Middle school district Toronto CSD - 4105
High school district Toronto CSD - 4105
Directions South on 3rd St Building on the left
Special listing conditions In Foreclosure
Standard status Active
APN 19-02276-000
Size 3,168 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 8 VOLMERS 58X120 MAP-19-05A0-06400
Tax Annual Amount 2295
Legal Description 8 VOLMERS 58X120 MAP-19-05A0-06400

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Building materials Brick
Roof type Asphalt
Listing Agency: Gary W. Cain Realty & Auctioneers,LLC
Listed By: Doug Owen · License #2017002646
Added: Jun 18 Changed: Jul 17 Last Checked: Aug 7 at 6:06PM
MLS# 5220207

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This solid brick triplex offers a total of three residential units within approximately 3,168 square feet, configured as a 4-bedroom unit, a 3-bedroom unit, and a 1-bedroom efficiency. The building sits on a corner lot and is identified as commercial-zoned, providing a versatile platform for income-focused buyers seeking a straightforward, multi-unit setup.

Located at 308 N 4th Street in Toronto, Ohio, the property benefits from its corner-lot placement within the historic downtown area as described in the remarks. The listing notes that the units are occupied by long-term, well-established tenants.

From a tenant and ownership standpoint, the mix of unit sizes supports varied household needs, from larger family layouts to a smaller efficiency option. With three separate units in one building, the property may appeal to buyers looking to consolidate rental operations while maintaining unit-level flexibility. The reported gross income is $2,500 per month, with the offering presented as a buy-and-hold opportunity under flexible commercial zoning.

Key Highlights

  • Solid brick triplex on a corner lot with 3 units totaling 3,168 sq ft
  • Unit mix includes a 4‑bedroom unit, a 3‑bedroom unit, and a 1‑bedroom efficiency
  • Commercial‑zoned property with long‑term, established tenants and gross income of $2,500/month

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center HVAC Service Pharmacy Kitchen & Bath Showroom Plumbing Service

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 43964, OH

9,098
Population
4,493
Households
2
Avg Household Size
46
Median Age
18%
College-Educated
94%
High-School Grad
47.3 sq mi
ZIP Area
192
Density / Sq Mi
$53,321
Median Household Income
$35,701
Median Earnings
$684
Median Rent
$121,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Solid brick triplex with three distinct units and established long-term tenants in Toronto, Ohio.
Where is this triplex located?
The property is located at 308 N 4th Street Toronto, OH.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Solid brick triplex on a corner lot with 3 units totaling 3,168 sq ft; Unit mix includes a 4‑bedroom unit, a 3‑bedroom unit, and a 1‑bedroom efficiency; Commercial‑zoned property with long‑term, established tenants and gross income of $2,500/month
More about this property
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