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    Toledo, OH
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    Toledo, OH Residential Income Properties for Sale

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    High-Rise Multifamily Investment Opportunity
    Updated: Feb 19
    High-Rise Multifamily Investment Opportunity

    245 N Summit St, Toledo, OH 43604

    $14,500,000
    146,352 sqft
    Attractive acquisition basis relative to comparable Midwest properties, offering stronger yields and return potential.
    Upside potential through continued lease‑up, rent growth, and future expansion within the existing building.
    Stable in‑place income supported by a diverse and resilient Toledo employment base.
    Downtown Toledo benefiting from significant public and private reinvestment, enhancing livability and walkability.
    Toledo's affordability compared to larger Midwest metros drives strong workforce housing demand.
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    This listing looks promising.

    Here's a quick look at some key insights for

    245 N Summit St, Toledo, OH 43604

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $1.23M
      Annual

    • Price @ 7% Cap

      $17.62M
      Above asking

    • Property Type

      City, Municipal, Town, Village Owned (Exempt)
      Built 1912
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    Renovated Mixed-Use Downtown Building
    Updated: Jun 16
    Renovated Mixed-Use Downtown Building

    123 Erie Street, Toledo, OH 43604

    $1,419,000
    10,560 sqft
    Fully renovated mixed‑use building built in 1888 with updated systems and modern high‑end finishes
    Street‑level commercial space currently occupied by Last Hope Tattoo
    Top‑floor penthouse loft features a 3‑bedroom and 2.5‑bath layout
    Second floor includes two luxury 2‑bedroom, 2‑bath apartments
    Fully redeveloped in 2019/2020
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    Twelve-Unit Multifamily Investment Opportunity
    Twelve-Unit Multifamily Investment Opportunity

    801/811 Hilltop Lane, Toledo, OH 43615

    $989,000
    0.75 AC lot

    Two six-unit buildings with strong rental income and recent updates.

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    North Point Commons Apartments For Sale
    North Point Commons Apartments For Sale

    2929 N Summit St, Toledo, OH 43611

    $1,345,000

    Multifamily apartment complex with renovated units and high traffic exposure.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Classic Multifamily in Old West
    Classic Multifamily in Old West

    2045 Robinwood Avenue, Toledo, OH 43620

    $350,000
    0.20 AC lot

    Multifamily property with natural woodwork and updated amenities.

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    Fully Leased Apartment Building
    Fully Leased Apartment Building

    1114 N Superior Street, Toledo, OH 43604

    $462,500
    0.21 AC lot

    Eight-unit apartment building with updated units and high cap rate.

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    Historic Duplex Income Property
    Historic Duplex Income Property

    652 PLATT ST, Toledo, OH 43605

    $180,000
    4,416 sqft · 0.11 AC lot

    Duplex built in 1917 on a low-maintenance residential lot, offering two rental units for income-focused ownership.

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    Glendale Avenue Duplex Investment Opportunity
    Glendale Avenue Duplex Investment Opportunity

    1820 Glendale Avenue, Toledo, OH 43614

    $147,500
    0.23 AC lot

    Duplex near river with income potential in South Toledo.

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    Four-Unit Multifamily Investment Opportunity
    Four-Unit Multifamily Investment Opportunity

    3937 Lockwood Avenue, Toledo, OH 43612

    $104,900

    Four-unit property with income potential in a desirable area.

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    Historic Four-Unit Residential Income Property
    Historic Four-Unit Residential Income Property

    1018 N Superior St, Toledo, OH 43604

    $250,000
    7,533 sqft

    Four-unit income property with updated finishes and classic 1867 construction near active river activity.

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    Toledo Duplex: Investment Opportunity
    Toledo Duplex: Investment Opportunity

    350 Parker Avenue, Toledo, OH 43605

    $100,000
    0.12 AC lot

    Six-bedroom duplex in Toledo, ideal for investors or owner-occupiers.

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    Harvard Terrace Duplex For Sale
    Harvard Terrace Duplex For Sale

    127 University Boulevard, Toledo, OH 43614

    $214,900
    0.14 AC lot

    Well-maintained duplex in Harvard Terrace with stable rental history.

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    Toledo Investment Property Portfolio Opportunity
    Toledo Investment Property Portfolio Opportunity

    291 E Broadway Street, Toledo, OH 43605

    $154,000
    0.20 AC lot

    Part of 82-unit portfolio with high occupancy and income.

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    Updated Condo with Garage Bays
    Updated Condo with Garage Bays

    Toledo, OH 43606

    $188,500

    Move-in ready 3-bed, 2-bath condo with updated kitchen.

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    Toledo Multifamily Investment Opportunity
    Toledo Multifamily Investment Opportunity

    44 Greenwood Avenue, Toledo, OH 43605

    $104,000
    0.09 AC lot

    Part of a larger portfolio with high occupancy and income.

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    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    1861 Tremainsville Road, Toledo, OH 43613

    $155,000

    Three-story mixed-use building with retail space and two apartments.

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    Ottawa Hills Condo with Natural Light
    Ottawa Hills Condo with Natural Light

    Toledo, OH 43606

    $119,000

    Spacious upper-level condo with oversized windows and ample storage.

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    Income-Ready Townhouse-Style Duplex
    Income-Ready Townhouse-Style Duplex

    3864 Almeda Drive, Toledo, OH 43612

    $155,000

    Townhouse-style duplex near UT, Toledo Hospital, and I-475.

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    Duplex in Toledo Portfolio
    Duplex in Toledo Portfolio

    811 Collins Street, Toledo, OH 43610

    $121,000
    0.07 AC lot

    Duplex as part of a larger real estate portfolio.

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    Updated Duplex with Rental Income
    Updated Duplex with Rental Income

    1914 Upton Avenue, Toledo, OH 43607

    $112,412
    0.12 AC lot

    Duplex with updated systems and long-term tenant.

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    Updated Condo Near University of Toledo
    Updated Condo Near University of Toledo

    4515 W Bancroft Street, Toledo, OH 43615

    $113,000

    Cozy 3-bedroom condo near University of Toledo, tenant-occupied.

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    Toledo Multifamily Investment Opportunity
    Toledo Multifamily Investment Opportunity

    2618 Collingwood Blvd, Toledo, OH 43610

    $275,000
    8,475 sqft

    Value-add multifamily property with immediate income potential in Toledo.

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    Charming Duplex with Income Potential
    Charming Duplex with Income Potential

    4116 Harris Street, Toledo, OH 43613

    $100,000
    0.18 AC lot

    Duplex with one bed, one bath units and large yard.

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    Well-Maintained Duplex in West Toledo
    Well-Maintained Duplex in West Toledo

    3848 Revere Drive, Toledo, OH 43612

    $132,000
    0.14 AC lot

    Spacious duplex with steady income in West Toledo.

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    Toledo, OH Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Toledo, OH, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 218,193 square feet of properties for sale, with an estimated market value of $19,668,000.

    Sale prices for residential income properties in Toledo, OH start at $70,000, averaging $2,458,500, and reaching up to $14,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 66
    Duplexes 35
    Apartment buildings 19
    Triplexes 7
    Quadplexes 6

    Demographics Overview

    Population 299K
    Population Growth (5Y) -1.9%
    Median Household Income $52,956
    College Educated 15.8%

    High-Yield Neighborhoods for Investment

    Identify Toledo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    43609 $31.3K
    43608 $49.9K
    43623 $89.5K
    43610 $111.3K
    43607 $116K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Toledo fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Toledo, OH

    • 43605
    • 43604
    • 43612
    • 43606
    • 43614
    • 43615
    • 43620
    • 43609
    • 43610
    • 43611
    • 43613
    • 43607

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