$275,000

Estimated payment $1,822/month

Total Views 867
4 Beds
-- Bath
2,808 Sq Ft
$98 Price per Sq Ft

Highlights

  • Dogs Allowed
  • Wood Siding
  • Heating System Uses Natural Gas
  • Level Lot
  • Carpet

About This Home

Excellent investment opportunity in Toledo! This two-story, four-unit multi-family property features four spacious units, each offering 1 bedroom and 1 full bathroom. The property is a strong cash-flowing asset with consistent rental demand and is easy to lease due to its highly desirable location. Situated just minutes from University of Toledo and ProMedica Toledo Hospital, the property benefits from steady tenant interest from students, medical professionals, and area employees. This well-located multi-family complex presents a great opportunity for long-term income and stability. Seller prefers to sell as a package with 3430 Douglas Road, 5536 Douglas Road and 5540 Douglas Road.

Listing Agent

Jeremy Wolf

The Danberry Co Brokerage Phone: 419-966-6418 License #2017005114 Listed on: 02/25/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,918

Year Built

  • Built in 1963

Lot Details

  • 4,443 Sq Ft Lot
  • Lot Dimensions are 40x111
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 2,808 Sq Ft Home
  • 2-Story Property
  • Carpet

Parking

  • 4 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Deveaux Elementary School
  • None Middle School
  • Start High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, water, taxes
  • Assessor Parcel Number 16-55354
  • $102 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Windsor Woods Subdivision

Pet Policy

  • Dogs Allowed

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,918

Year Built

Built in 1963

Lot Details

4,443 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1963
  • Lot Size Acres: 0.102
  • Lot Size: 40x111
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Windsor Woods
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Quadruplex
  • Attribution Contact: 419-966-6418
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet
  • Number Of Buildings: 1
  • Owner Pays: Sewer, Water, Taxes
  • Basement YN: No
  • Total Bedrooms: 4
  • Interior Amenities: Other
  • Living Area: 2808.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Level
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Property Disclosure, Lead Based Paint Disclosure
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Parking Lot
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Boiler
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Internet Available
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater
  • Cooling: None
  • Laundry Features: Common Area
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Pets: Dogs OK

Schools

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

Lot Info

  • Lot Size Sq Ft: 4443.0
  • Parcel #: 16-55354

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 3
  • Number Of Units Vacant: 1
  • Income Includes: Rent Only

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Deveaux
  • HighSchool: Start

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $55,545 $3,570 $51,975
2024 $2,405 $55,545 $3,570 $51,975
2023 $4,486 $44,975 $5,040 $39,935
2022 $4,221 $44,975 $5,040 $39,935
2021 $4,344 $44,975 $5,040 $39,935
2020 $4,378 $43,295 $4,865 $38,430
2019 $4,314 $43,295 $4,865 $38,430
2018 $4,363 $43,295 $4,865 $38,430
2017 $4,482 $44,625 $5,005 $39,620
2016 $4,467 $127,500 $14,300 $113,200
2015 $4,430 $127,500 $14,300 $113,200
2014 $3,968 $44,630 $5,010 $39,620
2013 $3,968 $44,630 $5,010 $39,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2026 02/25/26 For Sale $275,000 +48.6% $98 / Sq Ft
12/13/2023 12/13/23 Sold $185,000 +2.8% $66 / Sq Ft View Prior Sale
10/27/2023 10/27/23 For Sale $179,900 -- $64 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 10004452

Northwest Ohio Real Estate Information Service (NORIS)
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