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Updated Two-Unit Duplex
For Sale
$139,000

4018 Lyman Ave, Toledo, OH 43612

Both residences offer two bedrooms with recent cosmetic improvements and refreshed building systems.

Property Size1,544 SF
Price / SF$90.03
Days on Market13

Property Features for 4018 Lyman Ave

General Information

Standard status Active
Size 1,544 SF
Property subtype Residential Income
Listing Agency: Serenity Realty LLC
Listed By: Amanda Contreras
Source: Exprealty
Added: Aug 27 Changed: Sep 6 Last Checked: Sep 7 at 4:04PM

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 Serenity Realty LLC

Investment Insights

Based on property information with market context.

This duplex contains two separate residences, each configured with two bedrooms. The property measures 1,544 square feet and has received several recent improvements, including cosmetic updates within both units, replacement windows, updated electrical work, and new exterior siding. A roof replacement completed 2 months ago adds to the property’s recent capital improvements.

The building is located at 4018 Lyman Ave in Toledo, Ohio, on a residential street near Sylvania Ave. Its two-unit layout and matching bedroom counts provide a straightforward multifamily configuration for ownership or leasing purposes.

Key Highlights

  • Two‑unit duplex with 1,544 square feet
  • Each unit includes 2 bedrooms
  • Roof replaced 2 months ago

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Parking Lot & Garage Bakery

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

417
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
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms with recent cosmetic improvements and refreshed building systems.
Where is this duplex located?
The property is located at 4018 Lyman Ave Toledo, OH.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,544 square feet; Each unit includes 2 bedrooms; Roof replaced 2 months ago
More about this property
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