3713 Drexel Dr Toledo, OH 43612
Five Points NeighborhoodEstimated payment $635/month
Highlights
- Wood Flooring
- No HOA
- Forced Air Heating and Cooling System
- Main Floor Bedroom
- Living Room
- 1 Car Garage
About This Home
Beautifully updated rental property offering a strong return on your investment right away! This well-maintained 3-bedroom, 1-bath home features 1,131 sq ft of comfortable living space with a blend of modern upgrades and classic charm. Inside, you'll find an updated kitchen, updated flooring, and a beautifully finished bathroom, complemented by original hardwood floors that add warmth and character throughout. The spacious layout provides excellent tenant appeal with bright living areas, an efficient kitchen layout, and generously sized bedrooms. With a reliable tenant already in place paying $1,150/month, this property offers immediate income and stable cash flow for investors seeking a turnkey addition to their portfolio. Located close to parks, shopping, restaurants, and commuter routes, this home benefits from steady rental demand and convenient access to everyday amenities. Offering strong returns, modern updates, and solid renter stability, this is an outstanding buy-and-hold opportunity at $109,900. Discover the unbeatable lifestyle Toledo has to offer—a vibrant city known for its affordability, natural beauty, and exceptional amenities. Residents enjoy access to some of the region's finest attractions, including the nationally acclaimed Toledo Zoo & Aquarium and the world-renowned Toledo Museum of Art, home to one of the most impressive collections in the country. Outdoor lovers appreciate Toledo's award-winning Metroparks system, featuring miles of scenic trails, kayaking, wildlife viewing, and year-round recreational opportunities. With the Maumee River and Lake Erie nearby, boating, fishing, and waterfront enjoyment are always within easy reach. Toledo also offers a flourishing dining and brewery scene, charming local shops, and exciting sporting events with the Toledo Mud Hens and Toledo Walleye—all without the high costs of big-city living. Its central location provides quick access to Ann Arbor, Detroit, and other major hubs, making it ideal for commuters and weekend adventurers. With its strong sense of community, affordable housing, and continually growing amenities, Toledo delivers a high-quality lifestyle with exceptional value—an outstanding place to call home.
Home Details
Home Type
- Single Family
Year Built
- Built in 1929
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 40x149
Parking
- 1 Car Garage
Home Design
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,356 Sq Ft Home
- 2-Story Property
- Living Room
- Basement
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- 1 Full Bathroom
Schools
- Whittier Elementary School
- None Middle School
- Start High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Weissenberger Addn. Subdivision
Listing and Financial Details
- Assessor Parcel Number 16-08677
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $683 | $21,350 | $7,105 | $14,245 |
| 2023 | $1,357 | $18,655 | $3,745 | $14,910 |
| 2022 | $1,257 | $18,655 | $3,745 | $14,910 |
| 2021 | $1,286 | $18,655 | $3,745 | $14,910 |
| 2020 | $1,393 | $17,955 | $3,570 | $14,385 |
| 2019 | $1,354 | $17,955 | $3,570 | $14,385 |
| 2018 | $1,373 | $17,955 | $3,570 | $14,385 |
| 2017 | $1,395 | $17,570 | $3,500 | $14,070 |
| 2016 | $1,397 | $50,200 | $10,000 | $40,200 |
| 2015 | $1,385 | $50,200 | $10,000 | $40,200 |
| 2014 | $1,136 | $17,570 | $3,500 | $14,070 |
| 2013 | $1,136 | $17,570 | $3,500 | $14,070 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $109,900 | +77.3% | $81 / Sq Ft | |
| 07/15/2022 07/15/22 | Sold | $62,000 | -4.5% | $55 / Sq Ft | View Prior Sale |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- | |
| 06/17/2022 06/17/22 | For Sale | $64,900 | 0.0% | $57 / Sq Ft | |
| 06/14/2022 06/14/22 | Price Changed | $64,900 | -- | $57 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $62,000 | Oldham Company Llc | |
| Quit Claim Deed | -- | Attorney | |
| Survivorship Deed | $72,000 | Chicago Title Insurance Co | |
| Land Contract | $72,000 | None Available | |
| Warranty Deed | $68,000 | Louisville Title Agency For | |
| Warranty Deed | $37,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $76,500 | Purchase Money Mortgage | |
| Previous Owner | $70,000 | Seller Take Back | |
| Previous Owner | $61,200 | No Value Available |
Source: Northwest Ohio Real Estate Information Service (NORIS)
MLS Number: 10002155
APN: 16-08681
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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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