Search
Fourplex with New Roof
For Sale
$160,000

457 Parker Avenue, Toledo, OH 43605

Fourplex with new roof, great investment opportunity.

Property Size4,845 SF
Lot Size0.10 Acres
Days on Market441

Property Features for 457 Parker Avenue

General Information

Standard status Active
Size 4,845 SF
Lot size 0.10 Acres
Property subtype Apartment

Amenities

Forced Air
Natural Gas
Water Heater
Refrigerator
Shingles

Building Details

Building Size 4,845 SF
Year Built 1897
Stories 2
Listing Agency: The Danberry Co
Listed By: Todd D Schenkenberger
Source: Kw
Added: Jun 18, 2025 Changed: Aug 23 Last Checked: Aug 31 at 12:43AM

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 The Danberry Co

Investment Insights

Based on property information with market context.

This fourplex presents an investment opportunity, featuring a new roof installed in 2023. Currently, three of the four units are fully rented. The property includes a garage, which offers the potential for additional income. One vacant unit is available for showings, while the remaining three units can be viewed after an offer has been accepted.

Key Highlights

  • Potential net cash flow of over $2,000/month.
  • New roof installed in 2023.
  • Three of four units are currently rented.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

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

553
Businesses Nearby

Demographics for 43605, OH

25,007
Population
11,985
Households
2.1
Avg Household Size
34
Median Age
9%
College-Educated
79%
High-School Grad
7.2 sq mi
ZIP Area
3,473
Density / Sq Mi
$36,389
Median Household Income
$27,210
Median Earnings
$847
Median Rent
$46,000
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex with new roof, great investment opportunity.
Where is this quadplex located?
The property is located at 457 Parker Avenue Toledo, OH.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Potential net cash flow of over $2,000/month.; New roof installed in 2023.; Three of four units are currently rented.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message