Duplex with Three-Car
3301 Astor Ave, Toledo, OH 43614
For Sale
$219,900
Two independent residences offer separate entrances, kitchens, living areas, and full bathrooms.
Property Size1,704 SF
Price / SF$129.05
Days on Market17
Property Features for 3301 Astor Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
fireplace
walk-in closet
built-in cabinetry
basement laundry area
workshop
Listing Agency:
Howard Hanna
Listed By:
Kelly Hetzel-Straub
(440) 793-0100
Source:
Exprealty
Added: Oct 23
Changed: Nov 3
Last Checked: Nov 6 at 1:22PM
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 Howard Hanna
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Investment Insights
Based on property information with market context.
This 1,704-square-foot duplex contains two separate residences, each with a private entrance, kitchen, living area, and full bathroom. The larger unit has three bedrooms, a living room with a fireplace, a separate dining room with built-in cabinetry, and a primary suite with a sitting area and walk-in closet. The second residence has one bedroom and one bathroom. Both kitchens include appliances.
A three-car garage includes a workshop and storage space. The basement has a dedicated laundry area with a washer and dryer, and each residence has a separate utility meter. Improvements include a newer roof and gutters, PEX plumbing, a water heater, interior and exterior paint, carpeting, and landscaping. Hardwood flooring is beneath the carpeting.
The property is located in the Beverly school district in Toledo, Ohio, at 3301 Astor Ave.
A three-car garage includes a workshop and storage space. The basement has a dedicated laundry area with a washer and dryer, and each residence has a separate utility meter. Improvements include a newer roof and gutters, PEX plumbing, a water heater, interior and exterior paint, carpeting, and landscaping. Hardwood flooring is beneath the carpeting.
The property is located in the Beverly school district in Toledo, Ohio, at 3301 Astor Ave.
Key Highlights
- Two residences with private entrances, separate kitchens, living areas, and full bathrooms
- Three‑bedroom unit plus a separate one‑bedroom residence
- Three‑car garage with workshop and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,560
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,200
$311.2K
Cap Rate 7%
$222,286
$222.3K
Cap Rate 9%
$172,889
$172.9K
Market Conditions
NOI Build-Up for 1,704 SF
Gross rent
$23.1K $13.56/SF
− Vacancy
−$878 −$0.52/SF
EGI
$22.2K $13.04/SF
− OpEx
−$6.7K −$3.91/SF
NOI
$15.6K $9.13/SF
Area
Toledo, OH
Vacancy
3.80%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,200
Cap Rate 7%
$222,286
Cap Rate 9%
$172,889
Alternative Uses
Best Use
Multifamily LT 5
$222.3K
$194.5K – $259.3K
NOI $15,560 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$205.1K
$179.5K – $239.3K
NOI $14,359 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$283.6K
$248.1K – $330.9K
NOI $19,851 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
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Business Placement
Demographics for 43614, OH
29,866
Population
14,651
Households
2
Avg Household Size
42
Median Age
32%
College-Educated
94%
High-School Grad
9.0 sq mi
ZIP Area
3,318
Density / Sq Mi
$57,253
Median Household Income
$38,463
Median Earnings
$887
Median Rent
$160,600
Median Home Value
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Market
Properties on Market for Duplexes in Toledo
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences offer separate entrances, kitchens, living areas, and full bathrooms.
Where is this duplex located?
The property is located at 3301 Astor Ave Toledo, OH.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two residences with private entrances, separate kitchens, living areas, and full bathrooms; Three‑bedroom unit plus a separate one‑bedroom residence; Three‑car garage with workshop and storage
