Twelve-Unit Multifamily Investment
For Sale
$989,000
801/811 Hilltop Lane, Toledo, OH 43615
Two six-unit buildings with strong rental income and recent updates.
Property Size11,900 SF
Lot Size0.75 Acres
Days on Market342
Property Features for 801/811 Hilltop Lane
General Information
Standard status
Active
Size
11,900 SF
Lot size
0.75 Acres
Property subtype
Apartment
Site & Location
Neighborhood
Rocleen Reihing, President
Amenities
Cable Ready
Central Air
Natural Gas
Water Heater
Electric Cooktop
Electric Oven
Electric Range
Refrigerator
Washer
Cable Available, Internet Available, Shingles
Building Details
Building Size
11,900 SF
Year Built
1987
Stories
3
Listing Agency:
Howard Hanna
Listed By:
Jill M. Perry
(419) 283-4300
Source:
Kw
Added: Nov 19, 2025
Changed: Oct 25
Last Checked: Oct 26 at 9:56PM
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 Howard Hanna
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Investment Insights
Based on property information with market context.
This is an investment opportunity featuring two six-unit buildings, totaling 12 units. The property generates a yearly rent of $123,768. Each unit features an open floor plan with a living room, dining room, and kitchen area, along with two bedrooms that include closet space. Laundry facilities and a garage are available for each unit, and balconies are included. The property has been well-maintained, with new roofs installed on both buildings in 2020 and on the garages in 2021. The exterior was painted in 2023. Many units have newer carpet and plank flooring, and some have newer hot water heaters, furnaces, and AC units. One unit is currently vacant to facilitate showings.
Key Highlights
- High Income Potential: $123,768 yearly rent from 12 units.
- Individual Garages: Each unit has its own garage.
- Laundry in Each Unit: Provides convenience for tenants.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
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Business Placement
Demographics for 43615, OH
39,449
Population
19,620
Households
2
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
16.5 sq mi
ZIP Area
2,391
Density / Sq Mi
$58,466
Median Household Income
$38,196
Median Earnings
$1,014
Median Rent
$137,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two six-unit buildings with strong rental income and recent updates.
Where is this apartment building located?
The property is located at 801/811 Hilltop Lane Toledo, OH.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: High Income Potential: $123,768 yearly rent from 12 units.; Individual Garages: Each unit has its own garage.; Laundry in Each Unit: Provides convenience for tenants.
