$109,500
SOLD DEC 12, 2024

4039 Vermaas Ave Toledo, OH 43612

Five Points Neighborhood
-- Bed
-- Bath
1,512 Sq Ft
5,401 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

35 Days on Market

About This Home

As of December 2024

Don’t miss this exceptional investment property! The lower unit, a spacious 2-bedroom, 1-bath, is currently vacant and ready for immediate rental, previously renting at $850 per month. The upper unit, a 1-bedroom, is currently occupied, bringing in $715 monthly. Total potential rental income is $1,600+ per month. With a complete interior remodel in 2023, this duplex is an ideal addition to any portfolio.

Last Agent to Sell the Property

Andrew Lee

LPG Realty Brokerage Phone: (419) 308-5990 License #2023007275 Listed on: 11/05/2024

Last Buyer's Agent

Gavin Maier

Serenity Realty LLC License #2019004357

Serenity Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1891

Lot Details

  • 5,401 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composite Building Materials

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Whittier Elementary School
  • Start High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for grounds care, sewer, trash collection, water
  • Assessor Parcel Number 02-00167

Community Details

Overview

  • 2 Units
  • Bailey Heights Subdivision

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1891
  • Lot Size Acres: 0.124
  • Lot Size: 5,400
  • Inclusions: ,,
  • Subdivision Name: Bailey Heights
  • Unit Levels: Two
  • Structure Type: Duplex
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 308-5990
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Number Of Buildings: 1
  • Owner Pays: Grounds Care, Sewer, Trash Collection, Water
  • Has Basement: Crawl Space, Partial
  • Basement YN: Yes
  • Interior Amenities: Electric Range Connection
  • Living Area: 1512.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Disclosure on File, Lead Based Paint Disclosure
  • Construction Type: Concrete Composite
  • Foundation Details: Basement, Crawlspace

Garage/Parking

  • Parking Features: Asphalt, Driveway, Other
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Private

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 02-00167
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 1
  • Total Actual Rent: 715.0

MLS Schools

  • Elementary School: Whittier
  • HighSchool: Start

Range of Values:

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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
12/12/2024 12/12/24 Sold $109,500 -0.4% $72 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $109,900 -- $73 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Lee

    Seller's Agent in 2024

    Andrew Lee

    LPG Realty

    (419) 308-5990

    113 in this area

    241 Total Sales

    Andrew Lee
    Section Image
  • Gavin Maier

    Buyer's Agent in 2024

    Gavin Maier

    Serenity Realty LLC

    (419) 262-8944

    7 in this area

    37 Total Sales

    Gavin Maier
    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6122792

Northwest Ohio Real Estate Information Service (NORIS)

APN: 02-00167

Ohio Lucas County Toledo 43612 Five Points

4039 Vermaas Ave, Toledo, OH

This home is located at 4039 Vermaas Ave, Toledo, OH 43612 and is currently priced at $109,500, approximately $72 per square foot. This property was built in 1891. 4039 Vermaas Ave is a home located in Lucas County with nearby schools including Whittier Elementary School, Start High School, and Bennett Venture Academy.

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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