Midwest Value-Add Multi-Family | Near University of Toledo

Highlights:

• Strong Location Fundamentals: Less than 5 minutes from the University of Toledo and UT Medical Center, supporting consistent rental demand.
• Recent Upgrades: Refreshed units with updated interiors. New high-efficiency boilers and water tanks reduce maintenance costs
• Value-Add Potential: Opportunity to further increase rents through cosmetic upgrades or amenity enhancements. Strong demand from students, healthcare workers, and young professionals.
• Stable Cash Flow & Low Vacancy Risk: High occupancy driven by location and affordability.

Description:

Ri marketplace Online Auction November 3-5, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2737/midwest-value-add-multi-family-near-university-of-toledo?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2737

Marcus & Millichap is proud to present the Arlington Arms Apartments located at 2010 Arlington Ave Toledo, OH 43609. The property has 24 units that consists of all one bedroom-one bathroom units at roughly 550 square feet in size. Current ownership pays for gas while the tenants pay for their own electric usage. The property has on site laundry. The property has been through some recent renovations including but not limited to: new laminate style flooring, new boilers, new water heaters, and an improved digital lock system.

The property is located roughly 5 minutes away from the University of Toledo Campus, the University of Toledo Medical center and various dining spots. The area is home to great amenities like golf courses and premier shopping at Southland Plaza and Toledo Commons. The Southeastern edge of town borders Woodsdale Park which is home to the Toledo Zoo.



Thomas Seaman
Auctioneer
License: 2007000016
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: