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Renovated Occupied Duplex
For Sale
$99,000

853 Oak Street, Toledo, OH 43605

Fully occupied two-unit property with a detached garage, updated interiors, and active long-term leases.

Property SizeContact for details
Days on Market52

Property Features for 853 Oak Street

General Information

Standard status Active
Property subtype Duplex
Occupancy 100%

Additional Details

Multifamily Units 2

Amenities

Forced Air
Window Unit(s)
Water Heater
Porch, Electricity Connected, Sewer Connected, Natural Gas Connected, Shingles

Building Details

Year Built 1912
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: iLink Real Estate Company
Listed By: Brianna Huckaby
Source: Kw
Added: Jul 23 Changed: Sep 10 Last Checked: Sep 11 at 1:24PM

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 iLink Real Estate Company

Investment Insights

Based on property information with market context.

This two-unit residential income property includes a detached garage and a spacious adjacent lot. Both units are occupied under long-term leases. The lower unit has been maintained by the same tenant for 10 years, while the upper unit received a full renovation completed in JAN 2025, including updated PEX plumbing.

Recent exterior work includes new wood siding on several sections and fresh paint across the building. The roof was professionally inspected in 2024 and confirmed to be in good condition. Each unit has a newer high-efficiency furnace and hot water tank, along with forced-air heating, window units, and connected natural gas, sewer, and electric service. A porch and shingle roofing complete the exterior improvements. The property was built in 1912 and is located at 853 Oak Street in Toledo, Ohio.

Key Highlights

  • Fully occupied duplex with long‑term leases in place
  • Upper unit fully renovated in JAN 2025 with updated PEX plumbing
  • Lower unit has been occupied by the same tenant for 10 years

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

302
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
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied two-unit property with a detached garage, updated interiors, and active long-term leases.
Where is this duplex located?
The property is located at 853 Oak Street Toledo, OH.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Fully occupied duplex with long‑term leases in place; Upper unit fully renovated in JAN 2025 with updated PEX plumbing; Lower unit has been occupied by the same tenant for 10 years
More about this property
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