1951 N Summit St Toledo, OH 43611
North End NeighborhoodEstimated payment $1,560/month
Highlights
- Window Unit Cooling System
- Awning
- Carpet
- Entrance Foyer
- Coin Laundry
- Radiant Heating System
About This Home
Excellent investment opportunity with this five-unit apartment building offering strong income and upside potential. Next month, the building will be fully rented bringing in $3,750 per month! Additional income from on-site coin laundry is not included in the current figures, providing even more revenue potential. Most tenants are long term, and all units have been remodeled in recent years, minimizing immediate capital expenses. The parking lot has been recently redone and offers ample space for residents and guests. Approximately 6,200 of the 9,300 square feet is finished, leaving significant opportunity to expand—potentially converting the remaining space to create a 6-8 unit building. A solid, income-producing property with tremendous value-add potential! Vacant unit is available for showings and other units available with an accepted offer.
Listing Agent
Key Realty Brokerage Phone: 419-345-7808 License #0000449935 Listed on: 05/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,162
Year Built
- Built in 1900
Home Design
- Block Foundation
- Shingle Roof
- Aluminum Siding
- Lead Paint Disclosure
Interior Spaces
- 8 Bedrooms
- 9,304 Sq Ft Home
- 3-Story Property
- Entrance Foyer
Flooring
- Carpet
- Vinyl
Basement
- Block Basement Construction
- Laundry in Basement
Parking
- 6 Parking Spaces
- Parking Lot
Schools
- Riverside Elementary School
- None Middle School
- Woodward High School
Utilities
- Window Unit Cooling System
- Radiant Heating System
- Natural Gas Connected
- Water Heater
- Internet Available
- Cable TV Available
Additional Features
- Awning
- Lot Dimensions are 60x214
Listing and Financial Details
- The owner pays for gas, water, insurance
- Assessor Parcel Number 14-29224
- $111 per year additional tax assessments
Community Details
Pet Policy
- Pets allowed on a case-by-case basis
Building Details
- 4 Leased Units
- 1 Vacant Unit
Additional Features
- 5 Units
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
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 Assessment Tax 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 | -- | $34,650 | $7,000 | $27,650 |
| 2024 | $1,543 | $34,650 | $7,000 | $27,650 |
| 2023 | $3,340 | $34,650 | $7,000 | $27,650 |
| 2022 | $3,331 | $34,650 | $7,000 | $27,650 |
| 2021 | $3,420 | $34,650 | $7,000 | $27,650 |
| 2020 | $3,453 | $33,250 | $6,720 | $26,530 |
| 2019 | $3,385 | $33,250 | $6,720 | $26,530 |
| 2018 | $4,170 | $41,405 | $6,720 | $34,685 |
| 2017 | $4,024 | $39,445 | $6,335 | $33,110 |
| 2016 | $3,349 | $92,700 | $18,100 | $74,600 |
| 2015 | $3,326 | $92,700 | $18,100 | $74,600 |
| 2014 | $2,885 | $32,450 | $6,340 | $26,110 |
| 2013 | $2,885 | $32,450 | $6,340 | $26,110 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/13/2026 05/13/26 | For Sale | $239,900 | 0.0% | $26 / Sq Ft | |
| 04/27/2026 04/27/26 | Pending | -- | -- | -- | |
| 04/20/2026 04/20/26 | For Sale | $239,900 | 0.0% | $26 / Sq Ft | |
| 03/31/2026 03/31/26 | Pending | -- | -- | -- | |
| 03/07/2026 03/07/26 | For Sale | $239,900 | +108.6% | $26 / Sq Ft | |
| 08/01/2018 08/01/18 | Sold | $115,000 | 0.0% | $18 / Sq Ft | View Prior Sale |
| 04/19/2018 04/19/18 | For Sale | $115,000 | -- | $18 / Sq Ft |
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.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $115,000 | Louisville Title | |
| Land Contract | $115,000 | Louisville Title | |
| Warranty Deed | $100,000 | Northwest Title Agency Of Oh | |
| Warranty Deed | $59,500 | Louisville Title Agency For |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $164,500 | Credit Line Revolving | |
| Closed | $75,000 | Commercial | |
| Closed | $54,814 | Commercial |
Source: Northwest Ohio Real Estate Information Service (NORIS)
MLS Number: 10004680
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.
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. ©2026 NORIS. All rights reserved.
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