3414 Dorr St Toledo, OH 43607-1163

This exceptional multifamily investment opportunity presents a 137-unit apartment building situated on a 5.57-acre lot at 3414 Dorr St, Toledo, OH 43607. The property, built in 1967 and zoned Regional Commercial-CR (APN 2002454), boasts a total square footage of 122,518. The unit mix primarily consists of one- and two-bedroom apartments, with approximately 75% recently renovated, featuring updated paint, flooring, and appliances. Significant improvements have been made in recent years, including roof replacement and parking lot resurfacing within the last three years. In addition to the residential units, the property includes roughly 3,000 square feet of commercial space with prominent Dorr Street frontage. While not specifically marketed towards students, the property currently houses a mix of market-rate tenants and students on one-year leases, with a substantial number of long-term residents. This presents a strong foundation for continued success and potential for further value enhancement. The property's location in Lucas County offers excellent access to amenities and transportation. This is a rare opportunity to acquire a well-maintained, high-occupancy multifamily asset with significant upside potential in a thriving Toledo market.