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Duplex with Full Basement
For Sale
$38,000

719 Norwood Ave, Toledo, OH 43604

Two-unit property with separate entrances, individual basement access, and substantial renovation work underway.

Property Size2,276 SF
Price / SF$16.70
Days on Market22

Property Features for 719 Norwood Ave

General Information

Standard status Active
Size 2,276 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Buildings 1
Listing Agency: Loss Realty Group
Listed By: Thomas G Schetter
Source: Exprealty
Added: Aug 11 Changed: Aug 24 Last Checked: Aug 30 at 10:25PM

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 Loss Realty Group

Investment Insights

Based on property information with market context.

This 2,276-square-foot duplex contains two matching units, each with 2 bedrooms and 1 bathroom, for a total of 4 bedrooms and 2 bathrooms. Both residences have separate front entrances and direct access to the full basement. The lower unit has been remodeled and requires additional finishing, while the upper unit has updated electrical work and partial plumbing in place for continued interior completion.

Major building components have also been addressed, including a roof installed 4 years ago, a repainted exterior, a replacement furnace, a replacement HWT, and two replacement electrical panels. The property is positioned near downtown and the Expressway, providing access to both central Toledo and regional routes. Its duplex layout supports occupancy of one unit while work continues on the other, subject to the buyer’s intended use and applicable requirements.

Key Highlights

  • Two‑unit layout with 4 bedrooms and 2 bathrooms overall
  • 2,276‑square‑foot building with a full basement
  • Each unit offers 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Accounting Firm Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby

Demographics for 43604, OH

9,248
Population
5,868
Households
1.6
Avg Household Size
35
Median Age
16%
College-Educated
79%
High-School Grad
2.8 sq mi
ZIP Area
3,303
Density / Sq Mi
$18,980
Median Household Income
$27,457
Median Earnings
$499
Median Rent
$59,300
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 separate entrances, individual basement access, and substantial renovation work underway.
Where is this duplex located?
The property is located at 719 Norwood Ave Toledo, OH.
What is the asking price?
The asking price for this property is $38,000.
What are key features of this property?
This property features: Two‑unit layout with 4 bedrooms and 2 bathrooms overall; 2,276‑square‑foot building with a full basement; Each unit offers 2 bedrooms and 1 bathroom
More about this property
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