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    3456 W Alexis Rd Toledo, OH 43623

    For Sale
    $185,000

    Four-unit complex in Washington Local School District, all units leased.

    Lot size:
    0.12 Acres

    Property Features for 3456 W Alexis Rd

    General Information

    Interior features
    Interior Feature 1, : "Radiant", "Interior Feature 2": "Electric", "Interior Feature 3": "Window Unit(s)", "Interior Feature 4": "Water Heater", "Interior Feature 5": "Electric Range Connection", "Interior Feature 6": "Refrigerator"
    Exterior features
    exterior_features, : ["Cable Connected", "Shingles"]
    Lot size
    0.12 Acres

    Building Details

    Year built
    1969

    Source: Serenity Realty LLC Agent Taylor Marie Ritenour

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Multifamily Investment Opportunity

    This four-unit multifamily property presents an investment opportunity in the Washington Local School District. The complex consists of four units, all of which are currently leased on month-to-month agreements. This arrangement offers flexibility for new owners to renegotiate existing leases or bring in new tenants. The units are described as well-maintained, suggesting a property in good condition. The property is positioned as an income-generating asset, with the potential for strong rental demand in the area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.6286552
    Latitude
    41.7208243

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    FAQs

    What type of property is this?
    Quadplex - Four-unit complex in Washington Local School District, all units leased.
    Where is this quadplex located?
    The property is located at 3456 W Alexis Rd Toledo, OH.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Four-unit complex provides immediate income potential.; - Located in the desirable Washington Local School District.; - All units are currently leased.
    Request Owner's contact information
    3456 W Alexis Rd Toledo, OH 43623
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    Toledo, OH 43623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3456 W Alexis Rd Toledo, OH 43623
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