This property is being sold only as part of an 82-unit portfolio. In place cap is 7.6%, pro forma cap is ~10%, NOI is $541K, 95.1% occupancy. Portfolio asking price is $7.1M. See attachment for list of all addresses.

Architectural Style [] Attached Garage YN No Carport YN No Exterior Features [] Fencing [] Foundation Details [] Garage YN No Lot Features [] Parking Features ConcreteDrivewayOff Street Patio And Porch Features [] Pool Features [] Roof Shingle Waterfront Features [] Window Features []

Appliances Water Heater Basement Full Basement YN Yes Common Walls [] Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring [] Heating Forced AirNatural Gas Heating YN Yes Interior Features [] Laundry Features [] Levels [] Rooms Living Room (Main Level) Dining Room (Main Level) Kitchen (Main Level) Primary Bedroom (Upper Level) Bedroom 2 (Upper Level) Bedroom 3 (Upper Level) Rooms Total 6

Accessibility Features [] Additional Living Quarters No Association Amenities [] Association Fee Includes [] Association YN No Auction YN No Body Type [] Community Features [] Construction Materials Vinyl Siding Electric [] Land Lease YN No Listing Terms CashConventional Lot Size Acres 0.1125 Lot Size Dimensions 4900 Other Equipment [] Other Structures [] Pets Allowed [] Property Sub Type Single Family Residence Road Frontage Type [] Road Surface Type [] Sewer Sanitary Sewer Special Listing Conditions Agent Owned Structure Type [] Utilities [] Water Source Public

© 2025 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than Key Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Broker Reciprocity information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated at least every 12 hours; data last updated: 2025-11-08T00:24:59.933.

4228 N Lockwood Avenue

Description

School Information

Description

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4228 N Lockwood Avenue Toledo, OH 43612

Property Description

Architectural Style	[]
Attached Garage YN	No
Carport YN	No
Exterior Features	[]
Fencing	[]
Foundation Details	[]
Garage YN	No
Lot Features	[]
Parking Features	Concrete Driveway Off Street
Patio And Porch Features	[]
Pool Features	[]
Roof	Shingle
Waterfront Features	[]
Window Features	[]

Appliances	Water Heater
Basement	Full
Basement YN	Yes
Common Walls	[]
Cooling	Central Air
Cooling YN	Yes
Fireplace Features	Living Room
Fireplace YN	Yes
Flooring	[]
Heating	Forced Air Natural Gas
Heating YN	Yes
Interior Features	[]
Laundry Features	[]
Levels	[]
Rooms	Living Room (Main Level) Dining Room (Main Level) Kitchen (Main Level) Primary Bedroom (Upper Level) Bedroom 2 (Upper Level) Bedroom 3 (Upper Level)
Rooms Total	6

Accessibility Features	[]
Additional Living Quarters	No
Association Amenities	[]
Association Fee Includes	[]
Association YN	No
Auction YN	No
Body Type	[]
Community Features	[]
Construction Materials	Vinyl Siding
Electric	[]
Land Lease YN	No
Listing Terms	Cash Conventional
Lot Size Acres	0.1125
Lot Size Dimensions	4900
Other Equipment	[]
Other Structures	[]
Pets Allowed	[]
Property Sub Type	Single Family Residence
Road Frontage Type	[]
Road Surface Type	[]
Sewer	Sanitary Sewer
Special Listing Conditions	Agent Owned
Structure Type	[]
Utilities	[]
Water Source	Public