$339,900
PENDING $135K PRICE DROP

Estimated payment $2,705/month

Total Views 4,007
13 Beds
-- Bath
14,403 Sq Ft
$24 Price per Sq Ft

Highlights

  • 0.29 Acre Lot
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Corner Lot

About This Home

Huge Price Reduction, Rare opportunity to own 19 unit apartment building close to University of Toledo, Toledo Hospital, HistoricOttawa Park and expressway access. Just minutes from revitalized downtown Toledo as well. Rental income could be inexcess 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: 10/30/2025

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,088

Year Built

  • Built in 1926

Lot Details

  • 0.29 Acre Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

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

Parking

  • 7 Parking Spaces
  • 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
  • Water Heater

Community Details

  • 19 Units
  • Raffensperger And Crims Subdivision

Listing and Financial Details

  • The owner pays for gas, sewer, trash collection, water, insurance, taxes, lawn care
  • Assessor Parcel Number 13-10494
  • $811 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,088

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1926
  • Lot Size Acres: 0.2856
  • Lot Size: 12,439
  • Subdivision Name: Raffensperger and Crims
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 419-283-7306
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Gas, Sewer, Trash Collection, Water, Insurance, Taxes, Lawn Care
  • Has Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 13
  • Living Area: 14403.0
  • Stories: 3

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Alley Access, Driveway, Parking Lot
  • Total Parking Spaces: 7.0

Utilities

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

Schools

  • Junior High Dist: Toledo
  • Middle Or Junior School: Other

Lot Info

  • Lot Size Sq Ft: 12441.0
  • Parcel #: 13-10494

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 19

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: McKinley
  • HighSchool: Start

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
12/18/2025 12/18/25 Pending -- -- --
11/13/2025 11/13/25 Price Changed $339,900 -2.9% $24 / Sq Ft
10/30/2025 10/30/25 For Sale $350,000 0.0% $24 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
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 View Prior Sale
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 View Prior Sale
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 View Prior Sale
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)