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2237 Evergreen Road

Ottawa Hills, OH 43606

$889,900 $3,751/Mo

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Overview

Bed

Bath

12,406

Sqft

0.60

Acre(Lot)

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, upda ted 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.

Property Details

Property Type : Residential Income

Price : $889,900

AD Id : 87576554

MLS Id : 10010006

Beds : 9

Lot Size : 0.60 Acre

Living Area Size : 12,406

Year Built : 1943

Garage : 8

County : Lucas

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 9

Bathroom Information

Full Baths: 9

Room Information

Has Basement: Yes Basement: Full, Walk-Out Access
Flooring Information

Concrete, Other, Tile, Vinyl
Roofing Information

Shingle
Interior Features

Entrance Foyer, Open Floorplan, Other, Storage, Walk-In Closet(s), Built-in Features Roof: Shingle Appliances: Dryer, Disposal, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Other, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater Laundry Features: In Basement, In Unit, See Remarks Window Features: Bay Window(s), Window Treatments
Heating & Cooling

Has Heating: Yes Heating: Forced Air, Natural Gas, Zoned Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Zoned

Building Information

Year Built: 1943 Construction Materials: Brick Stories: 3 Patio And Porch Features: Patio Private Pool: No View: See Remarks
Exterior Features

Exterior Features: Other

Lot Information

Lot Dimensions: 67 x Irregular Main Square Feet: 0.6 Acres Lot Size Acres: 0.6031 Lot Size Square Feet: 26270 Lot Description: Irregular Lot, Other

Property Information

Subdivision: Ottawa Hills Source Property Type: Residential Income Postal Code Plus 4: 2300 Property SubType: Quadruplex Property Age: 83

Listing Price Information

Listing Price: $889900

Tax Information

Parcel Number: 88-07937 Tax Year: 2025

Parking Information

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

Garage Information

Has Garage: Yes Garage Space: 8 Pets Allowed: Call, Size Limit

School Information

Elementary School: Ottawa Hills

Junior High School: None

Senior High School: Ottawa Hills
Utility Information

Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected, Sewer Available
Location Information

Direction: Bancroft St. to Evergreen Rd. WaterSource: Public

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ByOwner last updated this listing 07/05/2026 @ 02:09

MLS: 10010006 LISTED BY: Kelly Longthorne, Effler Schmitt Co 419-537-1113 SOURCE: Northwest Ohio Real Estate Information Service (NORIS)