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Yahya Bdeiri

ybhomefind@gmail.com +1(419) 250-7890

Listed by Kelly Longthorne Effler Schmitt Co

$ 889,900

Est. payment | -/mo

9 Beds

12,406 SqFt

Save Virtual Tour

$ 889,900

Est. payment | -/mo

Save Virtual Tour

9 Beds

12,406 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 12,406 sqft

Price per Sqft $71

Subdivision Ottawa Hills

MLS Listing ID 10010006

Bedrooms 9

Year Built 1943

Tax Year 2025

Lot Size 0.603 Acres

Lot Dimensions 0.6

Property Sub-Type Quadruplex

Source Northwest Ohio Real Estate Information Service (NORIS)

Property Description

Rare opportunity to acquire a fully occupied, stabilized 5-unit investment property overlooking the Meadow in the prestigious Village of Ottawa Hills. Immediate in-place income with future rental upside. See attached comprehensive Investment Summary for the current rent roll, operating expenses, pro forma financial analysis, and additional property information. This full brick apartment building, complemented by a matching full brick 8-car garage, offers four spacious 2-bedroom, 2-bath units plus a loft-style 1-bedroom, 1-bath unit. Extensively renovated by a respected local builder with the intent of preserving the building's original architectural character while thoughtfully incorporating modern improvements. Capital enhancements include newer roofs on both the building and garage, updated electrical systems, individual zoned heating and cooling for each unit, fully updated kitchens with quartz countertops, updated cabinetry and appliances, luxury vinyl plank flooring, and renovated bathrooms. The loft unit offers an attractive open-concept design with granite countertops, marble backsplash, and distinctive tile and marble finishes. Units 1-4 feature in-unit laundry and private enclosed porches. A full basement provides designated storage for each unit, a shared common area, and an additional washer and dryer serving the building. Tenants are responsible for electric, gas, and internet, contributing to an efficient operating structure. Located within the highly acclaimed Ottawa Hills Local School District—consistently ranked among Ohio's premier public school districts—and one of Northwest Ohio's most desirable and established communities, the property benefits from exceptional long-term tenant demand and the rarity of multifamily ownership opportunities within the Village. Conveniently located near the University of Toledo, major healthcare systems, Wildwood Metropark, Westgate Village, Costco, shopping, dining, and major expressways.

Location

State OH

County Lucas

Community Ottawa Hills

Area 0.6

Zoning Residential

Direction Bancroft St. to Evergreen Rd.

Rooms

Basement Full, Walk-Out Access

Dining Room No

Kitchen No

Interior

Interior Features Built-in Features, Entrance Foyer, Open Floorplan, Separate Shower, Storage, Walk-In Closet(s), Other

Heating Forced Air, Natural Gas, Zoned

Cooling Ceiling Fan(s), Central Air, Zoned

Flooring Concrete, Luxury Vinyl, Tile, Other

Equipment Yes

Appliance Dishwasher

Laundry In Basement, In Unit, See Remarks

Exterior

Exterior Feature Other

Parking Features Assigned, Additional Parking, Detached Garage, Driveway, Garage Door Opener

Garage Spaces 8.0

Garage Description 8.0

Community Features Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

View See Remarks

Roof Type Shingle

Total Parking Spaces 8

Garage Yes

Building

Lot Description Irregular Lot, Other

Story 3

Foundation Block, Other

Sewer Sanitary Sewer

Level or Stories Quad-Level

Schools

Elementary Schools Ottawa Hills

Middle Schools None

High Schools Ottawa Hills

School District Ottawa Hills

Others

Tax ID 88-07937

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/toledo/10010006

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(419) 250-7890

ybhomefind@gmail.com

1910 Indian wood Cir, Maumee, Ohio, 43537, USA

2237 Evergreen RD Ottawa Hills, OH 43606