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5311 N Detroit Ave
Toledo, OH 43612 North Towne

$1,200,000 USD

Apartments For Sale  •  13,680 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,680 SF
  • Lot Size 0.67 AC
  • Building Class C
  • Year Built 1970
  • Zoning CR, Toledo
0 Transit Score
30 Walk Score

Highlights

24-unit multifamily property with all one-bedroom, one-bath layouts.
Fully occupied with occupancy history typical for the market.
Located near downtown Toledo, major freeways, and the Chrysler Assembly Plant.
Within 14 minutes of the University of Toledo and near major employment hubs.
On-site parking for 36 vehicles and low-maintenance design with no interior common areas.
In-place NOI of $131,257, offering stable income and operational efficiency.

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Carpet

Public Transportation

Commuter RailDriveWalkDistance
13 min - 6.4 mi
AirportDriveWalkDistance
Eugene F Kranz Toledo Express 42 min - 23.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Surface
Included in Rent: Yes
Stewart Beal 734-602-5700 Beal Real Estate LLC
Stewart Beal 734-602-5700 Beal Real Estate LLC