$399,900
UNDER CONTRACT $15K PRICE DROP

1349 S Cove Blvd Toledo, OH 43606

Ottawa Neighborhood

Estimated payment $2,575/month

Total Views 3,928
-- Bed
-- Bath
7,641 Sq Ft
$52 Price per Sq Ft

Highlights

  • 8 Car Detached Garage
  • Forced Air Heating System
  • Carpet
  • Storm Windows
  • Rectangular Lot
  • 1-minute walk to Beatty Park

About This Home

Great investment opportunity near Toledo Hospital. Maintained 8-unit building with strong rental history and value-add potential. Includes 4 standard 1-bed units and 4 efficiency 1-bed units, all separately metered. Features newer windows, on-site caretaker, and room for added income with laundry and basement storage. Projected rents potential could be as high as $74K/year. Many tenants month to month with 2 under leases. Additional documents such as expenses and rents available in the attachments. Easy to view vacant unit and common areas! All others can be seen after under contract.

Listing Agent

Sarah Plocek

J Bowen & Company Brokerage Phone: (419) 250-3186 License #2011002245 Listed on: 05/22/2025

Co-Listing Agent

Bryan Jurkiewicz

J Bowen & Company Brokerage Phone: (419) 250-3186 License #2017003094

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,434 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,641 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 8 Car Detached Garage
  • Driveway

Schools

  • Mckinley Elementary School
  • Start High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for grounds care, insurance, snow removal, sewer, taxes, trash collection, water
  • Assessor Parcel Number 06-08814

Community Details

Overview

  • 8 Units
  • Goodale Park Subdivision

Building Details

  • 7 Leased Units
  • Operating Expense $14,576
  • Net Operating Income $46,624

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1930
  • Lot Size Acres: 0.1477
  • Lot Size: 6,432
  • Co List Office Mls Id: JBC
  • Co List Office Phone: (419) 239-6046
  • Inclusions: ,,
  • Subdivision Name: Goodale Park
  • Garage Yn: Yes
  • Unit Levels: Two
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 250-3186
  • Special Features: 4224

Interior Features

  • Stories: 2
  • Flooring: Carpet
  • Number Of Buildings: 1
  • Owner Pays: Grounds Care, Insurance, Snow Removal, Sewer, Taxes, Trash Collection, Water
  • Has Basement: Full
  • Basement YN: Yes
  • Interior Amenities: Electric Range Connection
  • Living Area: 7641.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Other
  • Lot Features: Rectangular Lot
  • Disclosures: Disclosure on File, Lead Based Paint Disclosure
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Concrete, Driveway, Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary, Septic Tank
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Cooling: None
  • Security: Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 06-08814

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Heat, Other

Multi Family

  • Net Operating Income: 46624.0
  • Number Of Units Total: 8
  • Number Of Units Leased: 7
  • Annual Operating Expense: 14576.0
  • Total Actual Rent: 5200.0

MLS Schools

  • Elementary School: McKinley
  • HighSchool: Start

Map

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
06/06/2025 06/06/25 Price Changed $399,900 -3.6% $52 / Sq Ft
05/22/2025 05/22/25 For Sale $415,000 -- $54 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6130013

Northwest Ohio Real Estate Information Service (NORIS)
Ohio Lucas County Toledo 43606 Ottawa

1349 S Cove Blvd, Toledo, OH

This home is located at 1349 S Cove Blvd, Toledo, OH 43606 and is currently priced at $399,900, approximately $52 per square foot. This property was built in 1930. 1349 S Cove Blvd is a home located in Lucas County with nearby schools including McKinley Stemm Academy, Start High School, and Rosary Cathedral School.

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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Sarah Plocek
Listing Agent
Sarah Plocek
Section Image
J Bowen & Company
(419) 904-5880