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2237 Evergreen Road, 
Ottawa Hills, OH 43606

$889,900


9

Beds


—

Bath


12,406

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Kelly Longthorne

, 

Daniel H Effler

Effler Schmitt Co

419-537-1113

Last updated:

September 30, 2026, 01:57 PM

MLS#

10010006

Source:

OH TBR

About This Home

2237 Evergreen Road

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.

Home Facts

Multi-Family

9 Bedrooms

Built in 1943

Subdivision & Development:

Ottawa Hills

Price Summary

889,900

$71 per Sq. Ft.

MLS #:

10010006

Last Updated:

September 30, 2026, 01:57 PM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Interior

Living Area:

12,406 Sq. Ft.


Structure

Structure

Year Built:

1943


Lot

Lot Size (Sq. Ft):

26,270


Finances & Disclosures

Finances

Price:

$889,900

Price per Sq. Ft:

$71 per Sq. Ft.

Source:OH TBR
The information being provided by Northwest Ohio Real Estate Information System, Inc. (Noris) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Northwest Ohio Real Estate Information System, Inc. (Noris) All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.