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652 Platt St - Cash-Flowing Duplex in East Toledo | Value-Ad 3 Unit Apartment Building Offered at $180,000 Toledo, OH 43605
Investment Highlights
- Immediate Cash Flow Potential – Duplex asset in an established rental market with the opportunity to generate stable income from day one while benefit
- Affordable Entry Point – Lower acquisition cost compared to many multifamily markets, allowing investors to achieve attractive yields and diversify th
- Value-Add Upside – Opportunity to increase returns through unit renovations, operational improvements, and bringing rents closer to market rates.
Executive Summary
Investor opportunity featuring a spacious duplex on a residential lot in East Toledo. Built in 1917, this approximately 2,392 SF multifamily property offers strong rental income potential with upside through unit improvements and operational optimization. Situated on a low-maintenance 0.11-acre lot, the asset is ideal for investors seeking stable cash flow, a value-add play, or a portfolio addition in an affordable Midwest rental market.
Property Facts
| Price | $180,000 | Building Size | 4,791 SF |
| Price Per Unit | $60,000 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 3 | Year Built | 1917 |
| Property Type | Opportunity Zone |
Yes
|
| Price | $180,000 |
| Price Per Unit | $60,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | |
| Building Size | 4,791 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1917 |
| Opportunity Zone |
Yes |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
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652 Platt St - Cash-Flowing Duplex in East Toledo | Value-Ad
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