NOT LISTED FOR SALE

2841 Terrace Downs St Toledo, OH 43614

Beverly Neighborhood
-- Bed
-- Bath
1,936 Sq Ft
0.28 Acres

Last Sold November 11, 2022

Last sale price $170,000 $88 Per Sq Ft

1 Day on Market

Highlights

  • Window Unit Cooling System
  • Rectangular Lot
  • 1-Story Property
  • Forced Air Heating System
  • Carpet

About This Home

As of November 2022

Investment opportunity in South Toledo! Each unit rents for $500 - $550 currently but rents could be increased to reflect market value. 3/4 units have new furnaces, updated kitchens, and freshly painted within the last 3 years. All units currently rented with tenants in term leases who have passed credit and background checks. Property backs up to Pickford Park and is in a central location to downtown Toledo / Rossford / Maumee. Mutli-Family investment properties don't come up often - get in this one while you can!

Last Agent to Sell the Property

Beth Aston

Pamela Rose Auction Company Brokerage Phone: (419) 822-7748 License #2015002008 Listed on: 09/22/2022

Last Buyer's Agent

Dave Poeppelmeier

Keller Williams Citywide License #2020001438

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 140 x 67
  • Rectangular Lot
  • Few Trees

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space

Kitchen

  • Oven
  • Range

Schools

  • Beverly Elementary School
  • Bowsher High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for snow removal, sewer, taxes, water
  • Assessor Parcel Number 18-75011

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Net Operating Income $25,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1953
  • Lot Size Acres: 0.2814
  • Lot Size: 140 x 67
  • Inclusions: ,,
  • Subdivision Name: Other
  • Unit Levels: One
  • Structure Type: Apartment
  • Year Built Details: Unknown
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 822-7748
  • Special Features: VirtualTour

Interior Features

  • Stories: 1
  • Flooring: Carpet
  • Number Of Buildings: 1
  • Owner Pays: Snow Removal, Sewer, Taxes, Water
  • Has Basement: Crawl Space
  • Interior Amenities: Cable TV
  • Living Area: 1936.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot, Trees
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Brick
  • Foundation Details: Crawlspace

Garage/Parking

  • Parking Features: Other, Parking Lot

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • 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 #: 18-75011
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Net Operating Income: 25800.0
  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Total Actual Rent: 2150.0

MLS Schools

  • Elementary School: Beverly
  • HighSchool: Bowsher

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
11/11/2022 11/11/22 Sold $170,000 +0.1% $88 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $169,900 -- $88 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Beth Aston

    Seller's Agent in 2022

    Beth Aston

    Pamela Rose Auction Company

    (419) 822-7748

    2 in this area

    17 Total Sales

    Beth Aston
    Section Image
  • Dave Poeppelmeier

    Buyer's Agent in 2022

    Dave Poeppelmeier

    Keller Williams Citywide

    (419) 392-1792

    9 in this area

    251 Total Sales

    Dave Poeppelmeier
    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6093554

Northwest Ohio Real Estate Information Service (NORIS)

APN: 18-75017

Ohio Lucas County Toledo 43614 Beverly

2841 Terrace Downs St, Toledo, OH

This home is located at 2841 Terrace Downs St, Toledo, OH 43614 since 22 September 2022. This property was built in 1953. 2841 Terrace Downs St is a home located in Lucas County with nearby schools including Beverly Elementary School, Bowsher High School, and Our Lady of Perpetual Help School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Ohio Real Estate Information Service (NORIS) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2025 NORIS. All rights reserved.

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