$235,000
SOLD AUG 5, 2025

428 Platt St Toledo, OH 43605

East Toledo Neighborhood
-- Bed
-- Bath
4,808 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

4% Above List Price

60 Days on Market

About This Home

As of August 2025

Great investment opportunity! This solid all brick 4-family apartment building sits on a spacious double lot and features four - 2-bedroom, 1-bath units. Each unit is separately metered, with tenants paying their own gas and electric. Newer furnaces, hot water tanks, and updated electrical systems. With strong rental potential this property is a smart addition to any investor's portfolio. Monthly income $3,550.

Last Agent to Sell the Property

Bruce Smenner

The Danberry Co. License #0000353617 Listed on: 04/21/2025

The Danberry Co.

Last Buyer's Agent

Nicole Pass

Serenity Realty LLC License #2023004750

Serenity Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Alley Access
  • Driveway
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for exterior maintenance, insurance, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 17-03297

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Operating Expense $12,028
  • Net Operating Income $30,572

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1922
  • Lot Size Acres: 0.14
  • Lot Size: 6,169
  • Subdivision Name: None
  • Carport Y N: No
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Exterior Maintenance, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water
  • Has Basement: Full
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Parking Lot, Alley Access, Driveway
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater, Refrigerator
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Toledo

Lot Info

  • Lot Size Sq Ft: 6168.0
  • Parcel #: 17-03297

Rental Info

  • Lease Term: ["Month To Month","12 Months"]
  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 30572.0
  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Annual Operating Expense: 12028.0
  • Total Actual Rent: 3550.0

MLS Schools

  • Elementary School: Other
  • HighSchool: Other

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 List to Sale Price per Sq Ft
08/05/2025 08/05/25 Sold $235,000 +4.4% $49 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $225,000 0.0% $47 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $225,000 -- $47 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bruce Smenner

    Seller's Agent in 2025

    Bruce Smenner

    The Danberry Co.

    (419) 277-7636

    1 in this area

    24 Total Sales

    Bruce Smenner
    Section Image

  • N

    Buyer's Agent in 2025

    Nicole Pass

    Serenity Realty LLC

    (419) 350-9828

    6 in this area

    29 Total Sales

    Nicole Pass
    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6128873

Northwest Ohio Real Estate Information Service (NORIS)
Ohio Lucas County Toledo 43605 East Toledo

428 Platt St, Toledo, OH

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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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