$185,000
PENDING $15K PRICE DROP

3456 W Alexis Rd Toledo, OH 43623

Franklin Park Neighborhood

Estimated payment $1,160/month

Total Views 4,030
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Private Entrance
  • Radiant Heating System

About This Home

Discover a lucrative investment opportunity in the desirable Washington Local School District! This four-unit complex features all leased units on month-to-month agreements, providing flexibility for new owners to renegotiate leases or welcome new tenants. Each unit is well-maintained, ensuring a hassle-free transition for future management. With a strong rental demand in the area, don't miss your chance to capitalize on this income-generating property. Act fast and take advantage of this excellent investment potential.

Listing Agent

Taylor Ritenour

Serenity Realty LLC License #2024002235 Listed on: 09/23/2025

Serenity Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 5,227 Sq Ft Lot
  • Private Entrance

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Driveway
  • Assigned Parking

Schools

  • Hiawatha Elementary School
  • Whitmer High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Water Heater

Listing and Financial Details

  • The owner pays for sewer, taxes, water
  • Assessor Parcel Number 23-42697

Community Details

Overview

  • 4 Units
  • Murnen Place Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1969
  • Lot Size Acres: 0.12
  • Lot Size: 5,285
  • Subdivision Name: Murnen Place
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Multi Family
  • Special Features: None

Interior Features

  • Flooring: Combination
  • Number Of Buildings: 1
  • Owner Pays: Sewer, Taxes, Water
  • Basement YN: No
  • Interior Amenities: Other
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Other
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Vinyl Siding
  • Exterior Features: Private Entrance
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Assigned, Driveway
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Electric, Radiant
  • Utilities: Cable Connected
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater, Electric Range Connection, Refrigerator
  • Cooling: Window Unit(s)
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Pets: Negotiable

Schools

  • Junior High Dist: Washington Local
  • Middle Or Junior School: None

Lot Info

  • Lot Size Sq Ft: 5284.0
  • Parcel #: 23-42697

Rental Info

  • Lease Term: ["Month To Month"]
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Number Of Units Vacant: 1
  • Total Actual Rent: 1290.0

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Hiawatha
  • HighSchool: Whitmer

Map

Range of Values:

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Average Value
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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
10/21/2025 10/21/25 Pending -- -- --
10/15/2025 10/15/25 Price Changed $185,000 -7.5% --
09/22/2025 09/22/25 For Sale $199,999 -- --
Source: Northwest Ohio Real Estate Information Service (NORIS)

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6136097

Northwest Ohio Real Estate Information Service (NORIS)
Ohio Lucas County Toledo 43623 Franklin Park

3456 W Alexis Rd, Toledo, OH

Pending

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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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Listing Agent
Taylor Ritenour
Section Image
Serenity Realty LLC
(419) 548-8504