26 Terrace Downs St Toledo, OH 43614
Beverly NeighborhoodEstimated payment $1,729/month
Highlights
- Wooded Lot
- Forced Air Heating System
- Carpet
- Window Unit Cooling System
About This Home
Excellent investment opportunity in South Toledo! This 4-unit multi-family property generates $2,010/month with 3 of 4 units currently occupied and a potential of $2,680/month when fully leased. Each unit offers 1 bedroom, 1 bath, and has been updated with fresh paint, newer flooring, and modern touches throughout. Three units feature newer furnaces, and one includes a new mini-split system for efficient heating and cooling. Tenants are in term leases and have passed credit and background checks. The property backs up to Pickford Park, offering a pleasant setting with easy access to downtown Toledo, Maumee, and Rossford. Close to restaurants, shopping, and major routes, this low-maintenance, income-producing property is perfect for investors looking to expand their portfolio. Rarely available and move-in ready for your next tenant—don't miss this opportunity to own a steady, turnkey rental in a prime location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,335
Year Built
- Built in 1953
Lot Details
- 9,450 Sq Ft Lot
- Lot Dimensions are 140x67.5
- Wooded Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 4 Bedrooms
- 1,936 Sq Ft Home
- 1-Story Property
- Carpet
- Gas Range
Parking
- 6 Parking Spaces
- Shared Driveway
Schools
- Beverly Elementary School
- None Middle School
- Bowsher High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Water Heater
Listing and Financial Details
- The owner pays for exterior maintenance, HVAC maintenance, insurance
- Assessor Parcel Number 1875011
- $11 per year additional tax assessments
Community Details
Overview
- 4 Units
Pet Policy
- Pets allowed on a case-by-case basis
Building Details
- 3 Leased Units
- 1 Vacant Unit
- Gross Income $24,300
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $260,000 | -- | $134 / Sq Ft |
Source: Northwest Ohio Real Estate Information Service (NORIS)
MLS Number: 10002242
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