$179,900

Estimated payment $1,150/month

Total Views 1,190
4 Beds
-- Bath
2,008 Sq Ft
$90 Price per Sq Ft

Highlights

  • Corner Lot
  • Wood Siding
  • Heating Available
  • Dogs and Cats Allowed
  • Carpet
  • 4-minute walk to Asbury Park

About This Home

Don't miss this cash-flowing four-unit property located in the heart of 43612. This well-performing asset features a desirable unit mix of two 2-bedroom units, one 1-bedroom unit, and one studio, offering flexibility and strong rental demand. The property is currently generating $2,750/month in rental income, with an increase to $2,790/month pending a signed renewal, providing immediate upside. All tenants have demonstrated an excellent payment history, contributing to stable and reliable income. Owner currently covers electric, gas, and water. Whether you're looking to expand your portfolio or secure a solid, income-producing asset, this property offers consistent performance with room for growth.

Listing Agent

Mariah Hopings

LaPlante Real Estate, LLC Brokerage Phone: 419-265-0835 License #2024004627 Listed on: 04/24/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1912

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x121
  • Corner Lot
  • Parcel no. 0200467 (4207 Burnham)

Home Design

  • Quadruplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 2,008 Sq Ft Home
  • 2-Story Property
  • Gas Range
  • Basement

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Shared Driveway

Schools

  • Whittier Elementary School
  • None Middle School
  • Start High School

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-00464
  • $180 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Baileys Subdivision

Pet Policy

  • Dogs and Cats Allowed

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,350

Year Built

Built in 1912

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1912
  • Lot Size Acres: 0.11
  • Lot Size: 40X121
  • Subdivision Name: Baileys
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Quadruplex
  • Attribution Contact: 419-265-0835
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Number Of Buildings: 1
  • Owner Pays: All Utilities, Exterior Maintenance, HVAC Maintenance, Repairs, Management, Snow Removal, Taxes, Lawn Care
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Interior Amenities: Other
  • Living Area: 2008.0
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street, Shared Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Boiler
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer: Sanitary Sewer
  • Appliances: Gas Range, Refrigerator
  • Cooling: None
  • Laundry Features: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Pets: Cats OK, Dogs OK

Schools

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

Lot Info

  • Lot Size Sq Ft: 4800.0
  • Additional Parcels Description: Parcel no. 0200467 (4207 Burnham)
  • Additional Parcels: Yes
  • Parcel #: 02-00464

Rental Info

  • Tenant Pays: None

Multi Family

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

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Whittier
  • 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 -- $34,580 $700 $33,880
2024 $1,179 $34,580 $700 $33,880
2023 $1,892 $25,585 $385 $25,200
2022 $1,878 $25,585 $385 $25,200
2021 $1,898 $25,585 $385 $25,200
2020 $2,104 $24,955 $350 $24,605
2019 $2,029 $24,955 $350 $24,605
2018 $2,117 $24,955 $350 $24,605
2017 $2,086 $24,395 $350 $24,045
2016 $2,071 $69,700 $1,000 $68,700
2015 $2,199 $69,700 $1,000 $68,700
2014 $1,577 $24,400 $350 $24,050
2013 $1,577 $24,400 $350 $24,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2026 04/24/26 For Sale $179,900 +67.3% $90 / Sq Ft
02/01/2023 02/01/23 Sold $107,500 -10.3% $54 / Sq Ft View Prior Sale
01/31/2023 01/31/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $119,900 +60.1% $60 / Sq Ft
03/06/2020 03/06/20 Sold $74,900 -11.8% $37 / Sq Ft View Prior Sale
02/12/2020 02/12/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $84,900 -- $42 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 10006538

Northwest Ohio Real Estate Information Service (NORIS)

APN: 02-00464

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