Cash-flow opportunity in Toledo, Ohio 2 (potentially 3-bedroom), 1-bathroom bungalow at 1617 Mulberry Street, Toledo, OH 43608. This 1156 square-foot rental-ready property features an updated kitchen, updated bathroom with tub/shower combo, fresh interior paint, and newer carpet. Move-in ready with no deferred maintenance work required before placing a tenant. Current area rent rates range from $800 to $1,150 per month, offering investors a strong gross rent-to-price ratio in a stabilizing Toledo neighborhood. The adjacent vacant lot is not included but is a bonus value and separation from neighboring properties. Situated near Mulberry Park and Greenbelt Parkway with close access to I-280, the location provides tenants convenient connectivity to Toledo employment centers, retail corridors, and Northwest Ohio commuter routes.
Key RealtyBrokerage Phone: 419-283-7425License #0000397403Listed on: 05/16/2026
Home Details
Home Type
Single Family
Year Built
Built in 1892
Lot Details
3,410 Sq Ft Lot
Lot Dimensions are 31x110
Home Design
Traditional Architecture
Bungalow
Block Foundation
Shingle Roof
Vinyl Siding
Lead Paint Disclosure
Interior Spaces
1,156 Sq Ft Home
1-Story Property
Ceiling Fan
Living Room
Dining Room
Den
Park or Greenbelt Views
Flooring
Carpet
Vinyl
Bedrooms and Bathrooms
2 Bedrooms
1 Full Bathroom
Unfinished Basement
Partial Basement
Laundry in Basement
Parking
Garage
On-Street Parking
Schools
Spring Elementary School
None Middle School
Woodward High School
Utilities
No Cooling
Forced Air Heating System
100 Amp Service
Internet Available
Cable TV Available
Community Details
No Home Owners Association
Listing and Financial Details
Home warranty included in the sale of the property
Assessor Parcel Number 18-81114
Home Details
Home Type
Single Family
Year Built
Built in 1892
Lot Details
3,410 Sq Ft Lot
Listing Details
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1892
Lot Size Acres: 0.0783
Lot Size: 31x110
Road Frontage Type: City Street
Road Surface Type: Asphalt
Subdivision Name: None
Architectural Style: Bungalow, Traditional
Carport Y N: No
Garage Yn: No
Unit Levels: One
New Construction: No
Property Attached Yn: Yes
Structure Type: House
Attribution Contact: 419-283-7425
RoomFeatures: Ceiling Fan(s)
RoomType: Living Room
RoomFeatures: Ceiling Fan(s)
RoomKey: 20260502164856234922000000
RoomType: Dining Room
RoomType: Kitchen
RoomFeatures: Ceiling Fan(s)
RoomType: Primary Bedroom 1
RoomKey: 20260502164856331040000000
RoomType: Bedroom 2
RoomType: Den
AssociationCommunity: Association YN: No
Lot: Water Body Access YN: No
Tax Legal: Homestead Exempt YN: No
Special Features: 4224
Interior Features
Flooring: Carpet, Vinyl
Fireplace: No
Has Basement: Partial, Unfinished
Basement YN: Yes
Full Bathrooms: 1
Total Bedrooms: 2
Interior Amenities: Ceiling Fan(s)
Living Area: 1156.0
Stories: 1
Interior: Fireplace YN: No
Interior: Basement YN: Yes
Room Types: Bedroom 2 Level: Main
Flooring:Flooring: Carpet, Vinyl
Exterior Features
Roof: Shingle
Fencing: Privacy
Pool Private: No
View: Park/Greenbelt
Waterfront: No
Disclosures: Property Disclosure, Lead Based Paint Disclosure
Home Warranty: Yes
Common Walls: 1 Common Wall
Construction Type: Vinyl Siding
Foundation Details: Block
Other Structures: Garage(s)
Lot: Waterfront YN: No
Lot: Pool Private YN: No
Garage/Parking
Attached Garage: No
Parking Features: On Street
Parking Information: Garage YN: No
Parking Information: Carport YN: No
Utilities
Heating: Forced Air
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Internet Available
Sewer: Public Sewer, Storm Sewer, Sanitary Sewer
Appliances: Other, Refrigerator
Cooling: None
Laundry Features: In Basement
Cooling Y N: No
Heating Yn: Yes
Electric: 100 Amp Service
Water Source: Public
Condo/Co-op/Association
Association: No
Schools
Junior High Dist: Toledo
Middle Or Junior School: None
Lot Info
Lot Size Sq Ft: 3410.0
Parcel #: 18-81114
Tax Info
Tax Year: 2025
MLS Schools
Elementary School: Spring
HighSchool: Woodward
Map
Range of Values:
--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$11,030
$9,625
$2,170
$7,455
2024
$9,805
$9,625
$2,170
$7,455
2023
$699
$8,820
$1,715
$7,105
2022
$701
$8,820
$1,715
$7,105
2021
$705
$8,820
$1,715
$7,105
2020
$676
$7,455
$1,435
$6,020
2019
$666
$7,455
$1,435
$6,020
2018
$647
$7,455
$1,435
$6,020
2017
$1,897
$7,280
$1,400
$5,880
2016
$1,036
$20,800
$4,000
$16,800
2015
$655
$20,800
$4,000
$16,800
2014
$687
$7,280
$1,400
$5,880
2013
$458
$7,280
$1,400
$5,880
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
05/16/202605/16/26
For Sale
$54,900
--
$47 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Rick Turner is a full-time REALTOR® with Key Realty and the lead agent of Rick Turner & Associates, serving Toledo, Sylvania, Perrysburg, Maumee, Holland, Oregon, and communities throughout Northwest Ohio and Southeast Michigan. Licensed in both Ohio and Michigan since 1993, Rick brings 32 years of experience, over 550 closed transactions, and approximately $65 million in career sales volume. He consistently ranks in the top 10% of MLS production across Northwest Ohio.
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Rick TurnerKey Realty
Source: Northwest Ohio Real Estate Information Service (NORIS)
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