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4-Unit Apartment Building with Basement
For Sale
$155,000

553 Dover Place, Toledo, OH 43605

The two-level configuration includes two residences per floor, with additional basement and attic space.

Property SizeContact for details
Days on Market25

Property Features for 553 Dover Place

General Information

Standard status Active
Property subtype Quadruplex
Occupancy 100%

Additional Details

Gross Income $34,200
Multifamily Units 4
Tenant in Place Yes

Amenities

Forced Air
Natural Gas
Gas Oven
Refrigerator
Porch, Water Connected, Electricity Connected, Natural Gas Connected, Shingles

Building Details

Year Built 1922
Buildings 1
Stories 2
Listing Agency: Key Realty LTD
Listed By: Hayden Potter
Source: Kw
Added: Oct 2 Changed: Oct 25 Last Checked: Oct 24 at 9:09PM

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 LTD

Rey
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Investment Insights

Based on property information with market context.

This 4-unit apartment property was built in 1922 and has two residences on each floor. A basement and attic provide additional building space. Recent improvements are noted, and the building includes a porch, forced-air heating, and natural gas service. The listed appliances include a gas oven and refrigerator. Water, electricity, and natural gas are connected.

Key Highlights

  • Four apartment units, arranged two per floor
  • Basement and attic space
  • Built in 1922

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

256
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The two-level configuration includes two residences per floor, with additional basement and attic space.
Where is this quadplex located?
The property is located at 553 Dover Place Toledo, OH.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Four apartment units, arranged two per floor; Basement and attic space; Built in 1922
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