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Four-Unit Multifamily Investment Opportunity
For Sale
$104,900

3937 Lockwood Avenue, Toledo, OH 43612

Four-unit property with income potential in a desirable area.

Property Size4,503 SF
Days on Market189

Property Features for 3937 Lockwood Avenue

General Information

Standard status Active
Size 4,503 SF
Property subtype Quadruplex

Amenities

Cable Ready
Electric
Forced Air
Window Unit(s)
Water Heater
Electric Oven
Electric Range
Refrigerator
Internet Available, Natural Gas Connected, Cable Available, Water Connected, Electricity Connected, Sewer Connected, Shingles

Building Details

Building Size 4,503 SF
Year Built 1907
Stories 2
Listing Agency: Key Realty
Listed By: Darrell J. Blausey
Source: Kw
Added: Feb 13 Changed: Aug 21 Last Checked: Aug 21 at 2:28PM

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

Investment Insights

Based on property information with market context.

This is a four-unit multifamily property featuring four units, each with one bedroom and one bathroom. The property presents an investment opportunity with income potential. The property requires some improvements, offering the opportunity to add value and increase returns. The layout is convenient, and ample parking is available. This property is suited for investors looking to expand their portfolio.

Key Highlights

  • Strong income potential as a 4‑unit multi‑family property.
  • Opportunity to add value and increase returns with TLC.
  • Four 1‑bed, 1‑bath units.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

436
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with income potential in a desirable area.
Where is this quadplex located?
The property is located at 3937 Lockwood Avenue Toledo, OH.
What is the asking price?
The asking price for this property is $104,900.
What are key features of this property?
This property features: Strong income potential as a 4‑unit multi‑family property.; Opportunity to add value and increase returns with TLC.; Four 1‑bed, 1‑bath units.
More about this property
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