$350,000
UNDER CONTRACT $125K PRICE DROP

Estimated payment $2,254/month

Total Views 12,031
-- Bed
-- Bath
14,403 Sq Ft
$24 Price per Sq Ft

Highlights

  • 0.29 Acre Lot
  • 7 Car Attached Garage
  • Heating System Uses Steam
  • Corner Lot
  • Window Unit Cooling System

About This Home

Huge Price Reduction, Rare opportunity to own 19 unit apartment building close to University of Toledo, Toledo Hospital, Historic
Ottawa Park and expressway access. Just minutes from revitalized downtown Toledo as well. Rental income could be in
excess of $11k a month, huge potential for Investors. New roof 2022, 13 one bedroom units and 6 efficiency apartments. Great value add. Possible seller financing, land contract. Call for additional info!

Listing Agent

Nicholas Novinsky

Key Realty Brokerage Phone: (419) 283-7306 License #2014002549 Listed on: 05/05/2025

Key Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 0.29 Acre Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 14,403 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 7 Car Attached Garage
  • Alley Access
  • Driveway
  • Parking Lot

Schools

  • Mckinley Elementary School
  • Start High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • 19 Units
  • Raffensperger And Crims Subdivision

Listing and Financial Details

  • The owner pays for gas, grounds care, insurance, sewer, taxes, trash collection, water
  • Assessor Parcel Number 13-10494

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1926
  • Lot Size Acres: 0.2856
  • Lot Size: 12,439
  • Inclusions: ,,
  • Subdivision Name: Raffensperger and Crims
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 283-7306
  • Special Features: 4224

Interior Features

  • Stories: 3
  • Number Of Buildings: 1
  • Owner Pays: Gas, Grounds Care, Insurance, Sewer, Taxes, Trash Collection, Water
  • Has Basement: Full
  • Basement YN: Yes
  • Living Area: 14403.0
  • Stories: 3

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • Disclosures: Lead Based Paint Disclosure, Sellers Disclosure Not Available
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Alley Access, Asphalt, Attached, Driveway, Parking Lot
  • Total Parking Spaces: 7.0

Utilities

  • Heating: Electric, Hot Water, Natural Gas, Radiant
  • Sewer: Sanitary
  • Appliances: Gas Water Heater
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 13-10494

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Lease Term Options: Other

Multi Family

  • Number Of Units Total: 19

MLS Schools

  • Elementary School: McKinley
  • HighSchool: Start

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $350,000 -12.5% $24 / Sq Ft
05/23/2025 05/23/25 Price Changed $399,900 -15.8% $28 / Sq Ft
05/05/2025 05/05/25 For Sale $475,000 +46.2% $33 / Sq Ft
07/08/2022 07/08/22 Sold $325,000 -27.8% $20 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $450,000 +5.9% $28 / Sq Ft
01/22/2021 01/22/21 Sold $425,000 -14.1% $26 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/13/2020 11/13/20 Price Changed $495,000 -20.8% $31 / Sq Ft
10/26/2020 10/26/20 For Sale $625,000 +257.1% $39 / Sq Ft
02/27/2013 02/27/13 Sold $175,000 -2.7% $13 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $179,900 -- $13 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6129459

Northwest Ohio Real Estate Information Service (NORIS)