NOT LISTED FOR SALE

1026 Wamba Ave Toledo, OH 43607

Scott Park Neighborhood
-- Bed
-- Bath
48,240 Sq Ft
2.22 Acres

Last Sold October 14, 2022

Last sale price $3,000,000 $62 Per Sq Ft

253 Days on Market

Highlights

  • 2.22 Acre Lot
  • Accessibility Features
  • Forced Air Heating and Cooling System
  • Accessible Hallway
  • Doors with lever handles
  • Coin Laundry

About This Home

As of October 2022

ALSO KNOWN AS 1035 N WESTWOOD AVE. 42 Unit student housing adjacent to University of Toledo Campus. All are 3 bedroom units, 960 sq ft. per unit. 4 units are fully furnished and rented via Air BNB or short term tenants.

Last Agent to Sell the Property

Mike Welch

RE/MAX Preferred Associates Brokerage Phone: (419) 283-7003 License #0000349420 Listed on: 01/31/2022

RE/MAX Preferred Associates

Last Buyer's Agent

Mike Welch

RE/MAX Preferred Associates Brokerage Phone: (419) 283-7003 License #0000349420 Listed on: 01/31/2022

RE/MAX Preferred Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 2.22 Acre Lot
  • Lot Dimensions are 262 x 313
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 48,240 Sq Ft Home
  • 3-Story Property
  • Window Screens
  • Carpet
  • Crawl Space
  • Fire Sprinkler System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Parking

  • 126 Parking Spaces
  • Driveway
  • Parking Lot

Accessible Home Design

  • Grip-Accessible Features
  • Accessible Hallway
  • Accessibility Features
  • Doors with lever handles

Schools

  • Start High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for electricity, grounds care, insurance, sewer, taxes, trash collection, water
  • Tax Lot 15-20 41-45
  • Assessor Parcel Number 20-97827

Community Details

Overview

  • 2 Buildings
  • 43 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $204,000
  • Net Operating Income $212,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Accessibility Features: Accessibility Features, Grip-Accessible Features, Levered Handles, Accessible Doors, Accessible Hallway(s)
  • Property Sub Type: Multi Family
  • Year Built: 2003
  • Lot Size Acres: 2.22
  • Lot Size: 262 x 313
  • Inclusions: ,,
  • Ownership: Corporate Owned
  • Subdivision Name: Other
  • Structure Type: Apartment
  • Year Built Details: Unknown
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 283-7003
  • Special Features: VirtualTour

Interior Features

  • Stories: 3
  • Flooring: Carpet
  • Number Of Buildings: 2
  • Owner Pays: Electricity, Grounds Care, Insurance, Sewer, Taxes, Trash Collection, Water
  • Has Basement: Crawl Space
  • Interior Amenities: Common Entry, Electric Range Connection, Cable TV
  • Living Area: 48240.0
  • Stories: 3
  • Window Features: Screens
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick
  • Foundation Details: Crawlspace

Garage/Parking

  • Parking Features: Asphalt, Driveway, Parking Lot
  • Total Parking Spaces: 126.0

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Sanitary
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Cooling: Central Air
  • Laundry Features: Coin-operated
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 20-97827
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 9 Months
  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Net Operating Income: 212000.0
  • Number Of Units Total: 43
  • Annual Operating Expense: 204000.0

Tax Info

  • Tax Lot: 15-20 41-45

MLS Schools

  • Elementary School: Other
  • HighSchool: Start

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $3,000,000 -5.5% $62 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
04/25/2022 04/25/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $3,175,000 0.0% $66 / Sq Ft
01/31/2022 01/31/22 For Sale $3,175,000 -- $66 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Welch

    Seller's Agent in 2022

    Mike Welch

    RE/MAX

    (419) 720-5631

    1 in this area

    133 Total Sales

    Mike Welch
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6082381

Northwest Ohio Real Estate Information Service (NORIS)

Ohio Lucas County Toledo 43607 Scott Park

1026 Wamba Ave, Toledo, OH

This home is located at 1026 Wamba Ave, Toledo, OH 43607 since 31 January 2022. This property was built in 2003. 1026 Wamba Ave is a home located in Lucas County with nearby schools including Keyser Elementary School, Rogers High School, and Explorers Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Ohio Real Estate Information Service (NORIS) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2025 NORIS. All rights reserved.

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