$250,000
$10K PRICE DROP

Estimated payment $1,582/month

Total Views 12,616
-- Bed
-- Bath
3,864 Sq Ft
$65 Price per Sq Ft

Highlights

  • Waterfront
  • Heating System Uses Steam
  • Carpet

About This Home

Investor Alert! Riverfront 5-plex with scenic views and major upside. Located near the Toledo Zoo and just minutes from Downtown. Three units currently rented, two units vacant—one of which faces the water and could be an excellent short-term rental or Airbnb. Separate water meters for each unit. Instant cash flow with room to grow! Don’t miss this rare opportunity to own a waterfront multi-unit property.

Listing Agent

Chirley Mulford

LPG Realty Brokerage Phone: (614) 600-0428 License #2017000668 Listed on: 06/04/2025

LPG Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 9,888 Sq Ft Lot
  • Waterfront

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,864 Sq Ft Home
  • 3-Story Property
  • Carpet
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Parking

  • 4 Parking Spaces
  • Driveway
  • Assigned Parking

Outdoor Features

  • Water Access

Schools

  • Harvard Elementary School
  • Bowsher High School

Utilities

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

Listing and Financial Details

  • The owner pays for common area maintenance, grounds care, insurance, management, snow removal, taxes
  • Assessor Parcel Number 13-24597

Community Details

Overview

  • 5 Units
  • Riverside Addition Subdivision

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1897
  • Lot Size Acres: 0.227
  • Lot Size: 9,888
  • Inclusions: ,,
  • Subdivision Name: Riverside Addition
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (614) 600-0428
  • Special Features: VirtualTour

Interior Features

  • Stories: 3
  • Flooring: Carpet
  • Number Of Buildings: 1
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Management, Snow Removal, Taxes
  • Has Basement: Full
  • Basement YN: Yes
  • Living Area: 3864.0
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Lot Features: Views, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Disclosure on File, Lead Based Paint Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Assigned, Concrete, Driveway
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Hot Water, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 13-24597

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Heat, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Number Of Units Leased: 3
  • Total Actual Rent: 1975.0

MLS Schools

  • Elementary School: Harvard
  • HighSchool: Bowsher

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

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $250,000 -3.8% $65 / Sq Ft
06/06/2025 06/06/25 For Sale $260,000 +39.8% $67 / Sq Ft
04/10/2023 04/10/23 Sold $186,000 -1.5% $48 / Sq Ft
01/06/2023 01/06/23 For Sale $188,800 -- $49 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6130692

Northwest Ohio Real Estate Information Service (NORIS)