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4-Unit Quadplex with Garage Parking
New
For Sale
$392,000

5544 Cresthaven Ln, Toledo, OH 43614

All four residences include private outdoor space, with balconies on the upper level and patios below.

Property Size6,420 SF
Price / SF$61.06
Days on Market3

Property Features for 5544 Cresthaven Ln

General Information

Standard status Active
Size 6,420 SF
Total Parking Spaces 6
Property subtype Multifamily
Occupancy 25%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4
Parking per Unit 1

Amenities

balconies
patios
basement storage
washer/dryer hookups

Building Details

Year Built 1972
Buildings 1
Listing Agency: Rylan Realty Group Ltd.
Listed By: Ryan Phillips
Source: Gogiverrealestate
Added: Oct 20 Changed: Oct 22 Last Checked: Oct 22 at 5:38AM

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 Rylan Realty Group Ltd.

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Investment Insights

Based on property information with market context.

Built in 1972, this 6,420-square-foot quadplex contains four units, each with more than 1,400 square feet of living area, two bedrooms, a primary bath, and a kitchen with cabinet storage. Upper-floor residences have balconies; the lower units open to patios. The basement provides individual storage areas and washer-and-dryer hookups, and garage parking is available for each unit.

One unit is occupied, while the other three have been renovated and are available for leasing. The property has newer furnaces, water heaters, and air-conditioning equipment; replacement windows for one unit are on order. Tenants pay gas and electric service, and the owner covers water.

Key Highlights

  • Four units, each with more than 1,400 square feet of living space
  • Two bedrooms and a primary bath in each residence
  • Garage parking for every unit

Property Analytics

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Lease Details

4
Residential units
25%
Occupancy

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby

Demographics for 43614, OH

29,866
Population
14,651
Households
2
Avg Household Size
42
Median Age
32%
College-Educated
94%
High-School Grad
9.0 sq mi
ZIP Area
3,318
Density / Sq Mi
$57,253
Median Household Income
$38,463
Median Earnings
$887
Median Rent
$160,600
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 - All four residences include private outdoor space, with balconies on the upper level and patios below.
Where is this quadplex located?
The property is located at 5544 Cresthaven Ln Toledo, OH.
What is the asking price?
The asking price for this property is $392,000.
What are key features of this property?
This property features: Four units, each with more than 1,400 square feet of living space; Two bedrooms and a primary bath in each residence; Garage parking for every unit
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