$260,000

26 Terrace Downs St Toledo, OH 43614

Beverly Neighborhood

Estimated payment $1,729/month

Total Views 77
4 Beds
-- Bath
1,936 Sq Ft
$134 Price per Sq Ft

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!

Listing Agent

Garrett Luhring

The Danberry Co. License #2021008980 Listed on: 12/11/2025

Co-Listing Agent

Victoria Valle

The Danberry Co. License #0000440385

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,335

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1953
  • Lot Size Acres: 0.2169
  • Lot Size: 140x67.5
  • Co List Office Mls Id: DAN01
  • Co List Office Phone: 419-866-8888
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Structure Type: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate
  • Number Of Buildings: 1
  • Owner Pays: Exterior Maintenance, HVAC Maintenance, Water, Insurance
  • Basement YN: No
  • Total Bedrooms: 4
  • Interior Amenities: No Interior Steps, Other
  • Living Area: 1936.0
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Other, Wooded
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Property Disclosure, Lead Based Paint Disclosure
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Accessible Parking, Driveway, On Street, Shared Driveway
  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Mini Split
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, WiFi Connected, Internet Connected
  • Sewer: Public Sewer
  • Appliances: Gas Oven, Gas Range, Refrigerator, Water Heater
  • Cooling: Window Unit(s), Mini Split
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Toledo
  • Middle Or Junior School: None

Lot Info

  • Lot Size Sq Ft: 9450.0
  • Additional Parcels: No
  • Parcel #: 1875011
  • Zoning: 10-RM36

Rental Info

  • Tenant Pays: Electricity, Gas, Internet, Sewer

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 24120.0
  • Number Of Units Leased: 3
  • Number Of Units Vacant: 1
  • Total Actual Rent: 2680.0
  • Income Includes: Rent Only

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Beverly
  • HighSchool: Bowsher

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
12/11/2025 12/11/25 For Sale $260,000 -- $134 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 10002242

Northwest Ohio Real Estate Information Service (NORIS)