$240,000
COMING SOON

1721 Walnut St Toledo, OH 43608

Lagrange Neighborhood

Estimated payment $1,496/month

-- Bed
-- Bath
-- Sq Ft
1902 Built

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

Fully updated multi-unit property with extensive renovations inside and out. Improvements include a new roof, new siding, fully renovated interiors with new appliances, flooring, carpet, and fresh paint. Shared laundry added in the basement for tenant convenience. Projected gross rent is $3,300/month once fully occupied. Tenants pay their own utilities; owner covers taxes, water, and insurance. Estimated NOI: $26,380/year, making this a strong cash-flowing investment from day one. Located in a growing area with upside potential. Ideal for investors or owner-occupants seeking a turnkey property with long-term value.

Listing Agent

Austin Cleghorn

LPG Realty License #2023005332 Listed on: 11/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Partial Basement

Schools

  • Sherman Elementary School
  • Woodward High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 100 Amp Service

Listing and Financial Details

  • The owner pays for water, insurance, taxes
  • Assessor Parcel Number 0201871

Community Details

Overview

  • 4 Units
  • Elm Street Addn. Subdivision

Building Details

  • 1 Leased Unit
  • Operating Expense $13,220
  • Gross Income $39,600
  • Net Operating Income $26,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1902
  • Lot Size: 5,312
  • Subdivision Name: Elm Street Addn.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Quadruplex
  • Special Features: ComingSoon

Interior Features

  • Flooring: Vinyl
  • Number Of Buildings: 1
  • Owner Pays: Water, Insurance, Taxes
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Interior Amenities: Other
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Property Disclosure, Lead Based Paint Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Appliances: None
  • Cooling: None
  • Laundry Features: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Water Source: Public

Schools

  • Junior High Dist: Toledo
  • Middle Or Junior School: None

Lot Info

  • Parcel #: 0201871

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer

Multi Family

  • Net Operating Income: 26380.0
  • Number Of Units Total: 4
  • Annual Gross Income: 39600.0
  • Insurance Expense: 1850.0
  • Maintenance Expense: 3960.0
  • Resident Manager Expense: 3960.0
  • Number Of Units Leased: 1
  • Number Of Units Vacant: 3
  • Annual Operating Expense: 13220.0
  • Total Actual Rent: 3300.0

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Sherman
  • HighSchool: Woodward

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

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 10001112

Northwest Ohio Real Estate Information Service (NORIS)
Ohio Lucas County Toledo 43608 Lagrange

1721 Walnut St, Toledo, OH

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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.

Nearby Homes
Austin Cleghorn
Listing Agent
Austin Cleghorn
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LPG Realty
(419) 548-5317