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Updated Duplex with Separate Utilities
For Sale
$135,500

5712 Rambo Lane, Toledo, OH 43623

Two-unit property with one month-to-month tenancy and a vacant upper residence ready for occupancy.

Property SizeContact for details
Days on Market170

Property Features for 5712 Rambo Lane

General Information

Standard status Active
Property subtype Duplex

Additional Details

Multifamily Units 2

Amenities

Forced Air
Natural Gas
Radiator
Microwave
Water Heater
Dryer
Electric Cooktop
Electric Oven
Refrigerator
Washer
Porch, Cable Connected, Shingles

Building Details

Year Built 1920
Stories 2
Listing Agency: Serenity Realty LLC
Listed By: Katrina Trombley
Source: Kw
Added: Mar 15 Changed: Aug 31 Last Checked: Aug 31 at 12:34AM

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 1920 duplex includes two separately serviced residences. The lower unit has been updated and is occupied under a month-to-month lease, while the upper unit is available for a new occupant. Each residence has its own electric panel and water heater, with gas service in the lower unit and electric systems upstairs. Interior features include forced-air and radiator heat, kitchen appliances, laundry equipment, and water heaters.

The exterior has recently received new paint and includes a porch, shingle roofing, and cable connectivity. The lower-unit furnace was replaced in 2025, and the roof is less than 10 years old. Located at 5712 Rambo Lane in Toledo, OH 43623, the property is offered as-is.

Key Highlights

  • 1920 duplex with two separately serviced residences
  • Updated lower unit leased month to month; upper unit is ready for occupancy
  • Separate electric panels and water heaters for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

Demographics for 43623, OH

20,320
Population
10,056
Households
2
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
6.7 sq mi
ZIP Area
3,033
Density / Sq Mi
$65,908
Median Household Income
$40,496
Median Earnings
$933
Median Rent
$167,500
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 - Two-unit property with one month-to-month tenancy and a vacant upper residence ready for occupancy.
Where is this duplex located?
The property is located at 5712 Rambo Lane Toledo, OH.
What is the asking price?
The asking price for this property is $135,500.
What are key features of this property?
This property features: 1920 duplex with two separately serviced residences; Updated lower unit leased month to month; upper unit is ready for occupancy; Separate electric panels and water heaters for each unit
More about this property
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